Serge Berger starts the trading week with a positive look at Twitter shares which he believes still have wings after recent earnings soared. The pioneering social media site’s Q4 2014 results showed record quarterly profits on an adjusted EBITDA basis.
Despite a post earnings rise of around 16%, the stock still has momentum, says Serge who believes the firm has had a ‘Facebook moment’, meaning the company has shown enough solid growth to overcome investment skeptics.
Watch the short video here: https://www.tradingfloor.com/posts/berger-twitter-has-facebook-moment-3577098