4 Social Media Stocks To Watch In The Stock Market Today
Social media stocks have been gaining a lot of attention in the stock market as of late. This is thanks to the world mostly communicating virtually these days amidst a pandemic. Before the age of social media, most people would get their news from the papers or scheduled TV broadcasts. Not only has social media become a prime medium for the real-time stream of information and news worldwide, but it also allows you to buy products and services directly through that platform.
We only need to look at the likes of Alphabet (NASDAQ: GOOGL) and Facebook (NASDAQ: FB) to understand how powerful social media is. Google’s YouTube contains a wealth of content that entertains many. Meanwhile, Facebook Shops is a new and free tool helping merchants create a customized online storefront for Facebook and Instagram, which can also integrate with a merchant’s Shopify (NYSE: SHOP) store. With the pandemic triggering an increase in time spent online, companies are re-adjusting their marketing strategies. With all that in mind, here are four social media stocks to watch in the stock market right now.
Top Social Media Stocks To Watch Right Now
- Snap Inc. (NYSE: SNAP)
- Pinterest Inc. (NYSE: PINS)
- Bumble Inc. (NASDAQ: BMBL)
- Twitter Inc. (NYSE: TWTR)
Snap Inc
First up, we have the trendy camera company, Snap. The company’s flagship product, Snapchat, is a camera application that allows people to communicate through short videos and...
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