3 Reasons I Just Bought Snap

Jeremy Bowman, The Motley Fool
·5-min read
3 Reasons I Just Bought Snap

The Snapchat-parent has jumped nearly 300% since the beginning of 2020 as revenue growth has accelerated and the company has taken meaningful steps to profitability. Snap has capitalized on a number of trends, including increased screen time during the pandemic and a backlash against Facebook. Thanks to those tailwinds and an improved suite of advertising products, the company seems to be at a tipping point -- the business is reaching scale.