Twitter is beloved by the President and Celebs, but hated by analyst and the market.
What is Wall Street missing?
Behind the scenes of Twitter, they are building a media empire. In the next 2-3 years are phones will broadcast all Twitter Live content via any modern display that includes a 5G SMART wireless network. It won’t be long before 5G is available and broadcasting Live content on licensed TVs, perhaps via an Apple TV, will be common as downloading music via Apple Store. Twitter is smartly teaming up with Apple TV to eventually becoming the TV media library for Apple.
Taking Down Traditional TV Media
Twitter knows that building out live sports content today is difficult. Networks have built exclusive broadcasting deals to cable companies and public TV channels. However, ratings of network TV have gone down because many people are ridding cable and tired of paying for media they don’t watch. Similar was a problem that Steve Jobs recognized. Jobs like everyone else was tired of paying for albums CD/Record that had only one song they liked. So Jobs created an Ipod and built a library for music downloads.
Apple TV is/will be the next iPod, once 5G is available. Twitter will build the library for public use and private library use. Promise of new 5G technology, Twitter will eventually reach 1.5 to 2 billion viewers before 2025. Not all of those will use Twitter Live TV, some will use Facebook Live or another, Snap TV or Amazon Prime TV. Twitter teaming up with Apple though, makes me believe TWTR will be the leader in Live TV broadcasting.
I have been waiting for an opportunity to buy TWTR stock for some time now. What I’m waiting for is another bottoming of price. Right now the stock is moving in the final direction. I want to take action within the next 2-4 months. What I’m seeing is a double bottom pattern with a target in the 40’s and TWTR should reach this tgt in the next 15 months. .