TWTR: Adding Twitter to Investing Ideas (Long Side)

12/27/17 10:29AM EST

Below is a brief note from CEO Keith McCullough on why we're adding Twitter (TWTR) to the long side of Investing Ideas today:

"Post yesterday's "correction" in the Nasdaq, we're getting another buying opportunity in 4-letter names that my analysts like. One of the newest ideas we have is going from bearish (for a long time!) to bullish on Twitter (TWTR).

Here's an excerpt from Hesham Shaaban's recent Institutional Research note on TWTR:

"LOOKING FORWARD (2018): We suspect TWTR could return to double-digit revenue growth by 2H18.  Further, after vetting what we had previously viewed as the two biggest risks to the story (users and advertiser demand), we now feel more comfortable heading into 2018 given the collective growth driver between the two."

Happy Holidays,
KM"
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