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Snap: At 18x Sales, This Is Cheaper Than It Seems

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Snap: At 18x Sales, This Is Cheaper Than It Seems

14 Sep Stock Analysis

amenic181/iStock via Getty Images
Investment Thesis
Snap (SNAP) is one of the fastest-growing social media platforms. The stock is priced at 18x next year’s revenues, which doesn’t immediately strike one as being in the bargain basement. That being said,…

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Global, Seeking Alpha
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