![]() ![]() FREESPACE SOCIAL MEDIA STOCK PROFESSIONALSince then, I’ve been an ambulance worker, a photographic darkroom technician, a teacher, a professional logger, and a merchant mariner. Starting at age 15, I worked summer jobs - such as laying blacktop, doing factory maintenance, and working in a garage - until I finished college. My father worked very hard in various jobs, and my mother worked very hard at home. I grew up in the Northeast in a middle-class family with several siblings. Please provide a concise biography of yourself, and state why you are running for political office. Stanley Paige Zeigler, Jr., a member of the Democratic party, is seeking election to represent Maine House District 40, which includes Appleton, Islesboro, Liberty, Lincolnville, Montville, Morrill, and Searsmont. Candidates responding with their individual written answers will have their responses stored in the Pilot’s 2022 Election Resource Guide. If you feel the same way, consider replacing Facebook with Snap and Pinterest as your main social media investments.Penobscot Bay Pilot has posed questions to each candidate running for Maine State Legislature, providing the opportunity for the public to better understand their position on issues important to the state. The bottom lineįacebook isn't doomed, but I no longer want to own its stock, for both ethical and fundamental reasons. I wouldn't be surprised if Pinterest makes a similar long-term prediction and forces analysts to rethink their expectations. If Snap delivers on that promise, its price-to-sales ratio could contract quickly as its profitability improves. Snap recently declared that it could maintain over 50% sales growth for "multiple years" at its first-ever investor day. Those analysts' estimates could even be too low. Those valuations are high, especially when Facebook trades at just seven times this year's sales - but they remain cheaper than those of many other high-growth tech stocks. YOY = Year over year.īased on these projections, Snap and Pinterest trade at about 28 and 22 times this year's sales, respectively. Pinterest's design - which allows users to share home, fashion, travel, and other ideas on its platform - arguably makes it a much more organic "social shopping" experience than Instagram.ĭata source: Yahoo Finance, Feb. Pinterest attributed its growth to its overseas expansion, as well as robust demand for its sponsored and "shoppable" pins, which many retailers used to upload their entire catalogs. Its adjusted EBITDA nearly quadrupled to $299.2 million, and its non-GAAP earnings more than tripled. Its ARPU increased 12% to $4.26, and its total revenue surged 48% to $1.69 billion. ![]() Pinterest's MAUs rose 37% year over year to 459 million last quarter. Snap attributed those incredible growth rates to the expansion of its ecosystem with new Discover videos, AR lenses, and in-app games, and its rising pricing power in online ads. Snap's adjusted EBITDA also quadrupled to $166 million as its non-GAAP EPS tripled. ![]() Its average revenue per user (ARPU) jumped 33% to $3.44, marking its strongest growth in five quarters. Its revenue jumped 62% year over year to $911 million, marking its strongest quarterly growth in three years. ![]() Lastly, the regulatory headwinds - which include calls for the company to divest its other apps and be held accountable for its users' actions - are too fierce to ignore. Second, Facebook's growth will likely decelerate as Apple starts allowing iOS users to opt out of targeted ads this year. First, the deadly Capitol riot indicates it is losing control of its own platform. Analysts expect its revenue and earnings to rise 25% and 13%, respectively, this year - and the stock still looks surprisingly cheap at 20 times forward earnings.īut despite those strengths, I sold my shares of Facebook last month, for three simple reasons. Its namesake platform serves 2.8 billion monthly active users (MAUs), making it the world's largest social network by a mile, and 3.3 billion people access its family of apps - including Messenger, Instagram, and WhatsApp - every month.įacebook's revenue and earnings rose 22% and 57%, respectively, in fiscal 2020, as it overcame a pandemic-induced dip in ad spending in the first half of the year. Facebook ( META -1.69%) is considered by many to be a top investment in the booming social media market. ![]()
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