Twitter closed at 42.90 on Monday,down from its opening price of 45.10 when it debuted on November 7.If you bought it then,you're decidedly in the red.
A leading analyst has slammed the stock.At a certain point,to have that conversation completely devoid of rational business metrics,there's really nothing left to the imagination,said Daniel Ernst,principal at Hudson Square Research.It's so out of the loop.I certainly understand the market:they don't get Twitter.It is so overvalued,it's beyond imagination.
I don't possibly imagine a scenario where growth is gonna accelerate more than it is today.Mobile is already 65-70% of their revenue.When Facebook was at this size,they had a 35% positive operating margin;Twitter is at 11%,Mr.Ernst pointed out.He has a 20.00 price target on the stock.If that pans out,those first day investors will be seeing red,as well as being in red ink.*
People who invest in Twitter have to realise it's a cult,warned CNBC analyst Jim Cramer.
On the other hand,Cramer is confident in health care titan Johnson and Johnson.I think JNJ is worth 120.00,Cramer said.I think CEO Alex Gorsky will add 30.00 of value,so to sell JNJ now means nothing to me.
JNJ closed at 94.29 on Monday,up 0.26%.
Twitter(TWTR),Johnson and Johnson(JNJ)
No comments:
Post a Comment