Is Trump Media Stock a Buy Now?
Now that President Donald Trump is back in the Oval Office, it's a good time to evaluate whether it makes sense to invest in his company, Trump Media & Technology Group (NASDAQ: DJT). He is the majority owner of Trump Media, which is one factor giving him an outsized influence on the company's success.
His victory in the U.S. presidential election contributed to Trump Media shares climbing 36% over the last 12 months. But while Trump's impact on his company's share price proved beneficial so far, this doesn't mean the stock is a good long-term investment.
Understanding if the company's stock is a buy requires taking a closer look at Trump Media, especially since shares are currently well above the 52-week low of $11.75 reached last September when the winner of the presidential election was far from certain.
Source Fool.com
