Jim Cramer reveals his top social media stocks

1. Facebook

Facebook delivered two "terrific" quarterly reports in January and April where it showed that daily active users and total advertising impressions are still growing, Cramer noted. The platform is still the best for both digital marketing and targeted advertising, he added. Some have called for the breakup of the company, but the host said he doesn't want to hear it.

Daily users and engagement have improved, and the company has figured out how to monetize content, he said. Total advertising engagements improved 23% over the past year, and cost per engagement decreased 4%, Cramer highlighted. The platform counts 134 million monetizable daily active users, he added.favorite mode of communication, which is a big boost for Twitter.

Pinterest grew monthly average users by 22%, average revenue per user by 26% and sales by 54%, Cramer said. While guidance was softer than what analysts had hoped for,"While the stock isn't what, again, we call cheap — 9.7-times its 2020 sales — you have my blessing to be a small buyer here and get bigger as the stock goes down, because I think this is going to be a long-term keeper," Cramer said.Snap, which owns Snapchat, has struggled since it entered public markets in 2017.

Facebook, Twitter, Pinterest, Snap

Going to sell everything on hist list

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cramer: 'I don't trust this market at all' because it's so dependent on Trump tweets'I don't trust this market at all' because it's so dependent on Trump tweets, MadMoneyOnCNBC's Jim Cramer said earlier this week. MadMoneyOnCNBC not that its been any different for the last few years. MadMoneyOnCNBC I trust BTC MadMoneyOnCNBC You allowed it to happen.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer Remix: Tariffs could hurt earnings, but for some CEOs, it's worth itJim Cramer reveals how some CEOs are willing to take the tariff pain because they're fed up with China's trade practices. 😂 Nonsense. Example: jpmorgan's CEO says he agrees with Trump admin on IP & other initiatives while at same time leading IPO issues getting US money for Chinese companies to productize IP. His goal is to become big in China because it's the only place for substantial growth Nobody even knows what the Chinese agreed to that they no longer want to sign on.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer: Wednesday's 'crazy session' is a perfect example of the market's new normal'Turns out we can get good news, too, and some days like today the stock market actually makes sense,' Jim Cramer says.
Source: CNBC - 🏆 12. / 72 Read more »