SNAP is rising on buy ratings from multiple popular analysts. The company is in huge debt, has never made a profit, and has no profits in sight. Love the app, but the stock is wildly overvalued at a 25B market cap. Watch for a pullback. It will be hard and fast.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.