6 Things Snap Does Better Than Facebook
Snap's (NYSE: SNAP) stock more than doubled in 2019, but it remains below its IPO price of $17, mainly due to concerns about its valuation and competition from Facebook's (NASDAQ: FB) Instagram.
Those concerns are valid, but the bears often overlook Snap's strengths. Let's take a closer look at six things Snap actually does better than Facebook -- and why those things could propel the social media company's stock to fresh highs in the future.
Snapchat and Instagram remain the top social networks for U.S. teens. In Piper Jaffray's latest "Taking Stock with Teens" survey, Snapchat had an engagement rate of 81%, compared to 85% for Instagram and just 31% for Facebook.
Source Fool.com
