Twitter (TWTR)
The bearish sentiment on Silicon Valley entering the New Year was evident when looking at Twitter; although CEO Jack Dorsey had undertaken a large-scope campaign to clean up the platform and eliminate fake accounts – and that had helped yield 29% revenue growth in Q3 2018 – analysts were expecting just 13% revenue growth in 2019. This estimate was highlighted as “a conservative figure likely to be eclipsed” in U.S. News’ list of the best tech stocks at the top of the year. Indeed, analysts now expect over 17% top-line growth in 2019, and shares have handily outperformed the market due to a series of impressive quarterly results.
YTD return: 46%
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