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Snap Inc. (SNAP): A Bull Case Theory

We came across a bullish thesis on Snap Inc. on Investment Ideas by Antonio’s Substack by Antonio Linares. In this article, we will summarize the bulls’ thesis on SNAP. Snap Inc.'s share was trading at $9.88 as of July 21st. SNAP’s forward P/E was 40.32 according to Yahoo Finance.

[caption id="attachment_520097" align="aligncenter" width="750"] Copyright: dedivan1923 / 123RF Stock Photo[/caption]

Snap Inc. (SNAP) has been largely dismissed by the market following an 87%+ decline from its late-2021 highs, yet its fundamentals suggest an overlooked opportunity. Daily active...