Twitter Inc (TWTR)’s Bird Has 3 Reasons To Fly Higher By Doug Anmuth of JPMorgan Chase & Co. (JPM)

Twitter Inc (NYSE:TWTR) is just flexing its wings for a long flight according to JPMorgan Chase & Co. (NYSE:JPM)‘s Doug Anmuth, who believed that the management of the company is more focused now than it had ever been. Anmuth shared his views on a telephonic interview with CNBC. He is an internet analyst with JPMorgan Chase & Co. (NYSE:JPM).

Anmuth saw the prospective improvement in Twitter Inc (NYSE:TWTR)’s revenues for three main reasons, two of which were related directly to monetization. According to the JPMorgan Chase & Co. (NYSE:JPM) analyst future prospects for Twitter looked bright on account of improving margins.

“[…] They have changed the number of steps for the sign up process basically cutting that in half. We think that is making a difference. Monetization, we are getting good feedback, certainly from advertisers and agencies in terms of money moving towards twitter […] and we think that there is a lot of room to grow on monetization with international self server rich media ads also feels like as a monetization there is good margin expansion potential ahead […],” said Anmuth.

By  JPMorgan Chase & Co. (NYSE:JPM)’s Internet analyst didn’t see Twitter Inc (NYSE:TWTR) as crossing the 1 billion monthly active users mark, but he did see it as being close to the the 600 million users mark by the end of 2018. Currently Twitter Inc (NYSE:TWTR) has about 270 milion monthly active users. This would of course mean more advertisement for the 140 character messaging based social media platform.

With a market cap of about $32 billion, Twitter Inc (NYSE:TWTR) is hardly comparable to Facebook Inc (NASDAQ:FB), in terms of size which has a market cap of $202 billion. However, more than the size the two social platforms serve very different purposes, but many analysts draw this comparison which makes them underestimate Twitter’s potential. JPMorgan Chase & Co. (NYSE:JPM)’s Doug Anmuth, however, didn’t fall into that trap.

Free Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.