Twitter (NYSE: TWTR) Stock Is Maintaining Upward Growth

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Twitter Stock NewsTwitter Inc (NYSE: TWTR)

Twitter may have seen a bit of a rough patch last week, but that doesn’t seem to be the case this week. Yesterday, the stock ended in the green; and it looks like it will do the same today. Here’s a quick recap of what’s going on.

What We Saw From TWTR Last Week

Last week was a bad week for US stocks entirely. As a poor economic outlook, volatility in the US dollar, and other issues concerned investors, we saw quite a bit of a sell off last week. Unfortunately, TWTR couldn’t steer clear of the issues, and the stock fell with the rest of the market.

Things Seem To Be Picking Up This Week

This week on the other hand, it seems as though investors are falling back in love with Twitter stock. While the Dow Jones Industrial Average was down triple digits yesterday, TWTR actually ended the day in the green. The story seems to be the same today for the stock as it continues to show slow, yet steady gains today. Currently (1:03), TWTR is trading at $50.83 per share after a gain of 1.50% so far today.

What We Can Expect From Twitter Stock Moving Forward

If you’ve read my writing in the past about TWTR, you know that when it comes to this stock, I’m a bull all the way. Although new users may be an issue that the company is struggling with, they have proven time and time again that they are capable of generating gains; even if they have to figure out how to make more from current users to do it. As a matter of fact, in the past month, the company has announced two new ideas to do just that…

  • Periscope – Periscope is a recently launched Twitter app that allows users to stream video throughout the social network. This is a game changer because the way that people consume content is changing. Now, Twitter has the ability to earn money from streaming video through their network.
  • Larger Ads – Twitter also announced that in an effort to take a larger market share of the mobile ad industry, the company is testing larger mobile ads. The larger ads should increase click rates and improve revenue from the already booming revenue stream.

The bottom line in my opinion is that TWTR has proven that it has the ability to generate revenue from its current users; and believe it or not, I think the user issue will be solved with the Firehose feed opening to Google. All in all, I think we’re going to see not only a recovery, but awesome growth over the next few months from this one.

What Do You Think?

Where do you think TWTR is headed and why? Let us know in the comments below!

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