Snap (SNAP) Stock

Snap's shift towards AI and its strong position in augmented reality suggest a promising future in 2025. The recent decline in its stock might be a great opportunity to invest, especially with 443 million users, increasing advertising revenue, and $3.2 billion in cash.

The United States Natural Gas Fund LP (UNG), which is an exchange-traded fund focused on natural gas, has increased by 7% in the last month and 11% in the past week (as of December 24, 2024). Meanwhile, the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) has seen a significant rise of 21.3% in just one week.

In the most recent trading session, Snap (SNAP) finished at $11.20, which is an increase of 0.18% compared to the previous day.

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In 2024, Snap (SNAP 0.89%) has seen a decline of more than $10 billion in its market value.

Snap (SNAP) closed at $11.30 on the most recent trading day, showing an increase of 0.71% from its previous closing price.

Snap (SNAP) could see an increase in value due to rising confidence in its earnings potential, as indicated by its upgrade to a Zacks Rank #2 (Buy).

This growth stock is showing impressive revenue increases while managing expenses effectively.

I am changing my recommendation for Snap stock from sell to buy after a 6% decrease in price since my last sell suggestion, especially with the potential benefits from TikTok's expected U.S. ban on January 19th. If TikTok is banned, it could help Snapchat a lot, as 70% of its users also use TikTok, leading to increased engagement on the app. Snapchat is already responding by launching a new creator monetization program shortly after the possible ban, and I believe this positive news hasn't been fully reflected in the stock price yet.