Jim Cramer on Snapchat

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All quotes by Jim Cramer on Snapchat

Trump can't force utilities to use more coal, but he can make it easier for oil and gas producers to drill more aggressively. I think these [oil and gas] stocks have more room to run.feedback

What do you think about the idea that Zuckerberg, the day after this Snap [rating], comes out with basically 'Snap two'?feedback

If you're looking to migrate to mobile or the cloud or maybe you want to embrace advanced data analytics software, they're the guys who can help.feedback

Mark Zuckerberg's a vicious competitor, and to me, the fact that he didn't acquire Snap simply means that he plans to kill it himself. Discipline can be a real buzzkill at the beginning, but it's saved my bacon too often for me to ignore it. So I say enjoy Snap all you want, but you'll be enjoying it without me. Many people may want to lump everything into the Trump rally rubric, but earnings play a far more important role when it comes to the direction of the stock market.feedback

If you believe that oil could be poised to rebound here back to the mid $50s, admittedly a very big if, then Occidental could be worth speculating on because it may be too hated and some very good analysts who didn't care for it higher are now positive.feedback

Snap's got massive growth, with its sales perhaps ready to double, and analysts can't resist recommending a stock with that kind of growth. Facebook trades at under 11 times 2017 sales and just 8.5 times next year's number. Alphabet's at 5.4 times 2017 sales and 4.7 times next year's revenue. Both companies are wildly profitable, while Snap's projecting gigantic losses for as far as the eye can see. Discipline can be a real buzzkill at the beginning, but it's saved my bacon too often for me to ignore it. So I say enjoy Snap. Let it go higher all you want, but you'll be enjoying it without me.feedback

I get it. This is the year that all advertising firms are sampling Snap, so when you see the sales numbers they'll be humongous, no doubt more than the current estimates of even the stock's biggest supporters.feedback

With the rise of Instagram and Snapchat and selfie culture in general, people want to have the best possible smile they can, which means more adults are getting braces. Having healthy, non-crooked teeth is a pretty universal sign of prosperity, so as more and more people in developing countries join the middle class we see rising demand for dental services.feedback

Only after an IPO is seasoned, which takes months and months and often doesn't happen until insider stock is released from a lock-up, can the valuation stand up to close scrutiny.feedback

Those who were shorting it ... they're already screaming. You can't short when you start these new deals by the way, but people do. That's going to be a wake-up call. There's going to be a lot of deals announced with media companies.feedback

A declining day following a rampaging bull run is a sign of health, especially when it is associated with a gigantic, yet well run IPO. It should ultimately bring out more buyers than sellers, and more initial public offerings of companies that had been fearful to tap the markets.feedback

When one of these blows up, it makes you feel reckless trying to save money with these flimsy pieces of paper.feedback

Nevertheless, I think the good absolutely outweighs the bad here, at least for the near- and intermediate-term future. I could see it doubling pretty easily simply because big firms that got a huge slug of stock in the deal will go into the regular market to buy more, so their cost basis will be superb versus the actual closing price.feedback

If Snap spikes really hard right out of the gate, I suggest waiting for a pullback before you buy or accepting that you missed it if the stock is more than doubled at the opening.feedback

They do have the right demo and they are a camera company trying to tell a good story. But at the same time I was like, wow, you're spending a lot of money. Are you ready to come public?feedback

These are your chances to get in, not get out and don't be deterred with Facebook just because SNAP filed to go public tonight and its growth looks solid.feedback

No, this isn't some sort of mid-life crisis, if I can still go by the mid-life rubric. I'm talking about the need to keep with Instagram, Snapchat and Boomerang and a host of other applications or you simply won't understand why a cohort of stocks is going higher.feedback

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Quotes by Jim Cramer on Snapchat

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