1 Growth Stock to Buy and Hold for the Next Decade
Even with Snap (NYSE: SNAP) shares recently hitting new highs, the growth stock arguably remains an attractive investment -- particularly for investors willing to hold shares for the long haul.
With nearly a $120 billion market capitalization at the time of this writing, it may be tempting for investors to conclude that the Snapchat parent company's $3.3 billion in trailing 12-month revenue couldn't possibly justify such a frothy valuation. Furthermore, the case against the stock looks even stronger when investors realize that Snap still isn't profitable.
But there are some good reasons this growth story is arguably worth paying up for.
Source Fool.com
