I'm the only member of my four-person household who doesn't regularly use Snapchat, the app created by Snap (NYSE: SNAP) - probably because I'm the oldest. Interestingly, the percentage of people in my family who are Snapchatters - 75% - is the same as that of all 13- to 34-year-olds in the United States and other developed nations. Think about that for a minute... Snapchat has won three-quarters of the audience that's most highly coveted by advertisers. And for 13- to 24-year-olds, Snapchat's market penetration is even higher, at 90%. These are the ages when people experience important milestones in their lives. This is the audience advertisers want to get in front of. But when I peer closer at the company's numbers, the picture gets more complex... Early investors in Snap are hurting bad. So what's Snap's current buy potential? Click the button below to find out. |