Is it time to buy Twitter (TWTR) stock right now? Shares of Twitter (TWTR) hit a record low on Monday after shares broke a key support level. Twitter (TWTR) surged above $40 last wek after earnings but have been down ever since on fears about user growth.
Twitter (TWTR) currently has a 2016 Price Target of $44
I'm in the camp that says you should buy Twitter (TWTR) stock over the next three months ahead of earnings and a new CEO announcement. I feel that TWTR will return to $32-$33 by the next earnings announcement in October, resulting in a 10% gain. Buy Twitter stock between $25-$29 over the next three months. Sell every big rally and do it all over again.
We will be watching TWTR and buying it in the stock picks group.
If you are looking for more hot stocks, check out my 2015 Stock Gainers and 2015 Penny Stock Gainers.
