Growth hits new high against value, and four stocks could ride next leg higher $NFLX $SNAP $PE $HD (via TradingNation)
, president of Gradient Investments, is betting on one social stock to ride the next growth surge.
"I really like Snap here. Their revenue is going to grow in the mid-30% in the next couple of years, their earnings per share, albeit coming off of a low base, is going to grow quite rapidly," Binger said during the same segment. "2020 is going to be going to be a big ad monetization year. … So I really think the stars are aligning for Snap to work its way into the mid-$20s."would need to rally nearly 50% to get to the midway-mark of $25.
"That $400 mark I think is going to continue to be support. I think we should be continuing to move higher with stabilization in the overall market. I like what's happening here in the streaming wars as Disney is taking a little bit of a backseat here despite adding all those digital subscribers," said Gordon."Home Depot acts technically very, very well.
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