11 Best Stocks to Buy in Falling Markets Now

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9. Snap Inc. (NYSE:SNAP)

Number of Hedge Fund Holders: 34 

Decline in Share Price Over Past 12 Months: 33.6%

Snap Inc. (NYSE:SNAP) is a technology company that believes that cameras present the greatest opportunity to improve the way people live and communicate. This company presents a solid investment opportunity, supported by the following points. Firstly, as per the report for the third report of 2024, total revenue was $1,373 million, compared to $1,189 million in the prior year, reflecting an increase of 15% year-over-year. This growth indicates that the company experienced higher sales, suggesting strong business performance and improved revenue generation over the past year. Secondly, the company has announced the fifth generation of Spectacles that enables users to use Lenses and experience the world together with friends in totally new ways. Spectacles are powered by Snap OS, a brand-new and groundbreaking operating system designed to enhance how people naturally interact with the world.

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