We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser.GoogleFirefox
Sign In

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

https://www.barrons.com/articles/twitter-stock-pick-ceo-51638548530

Twitter Stock Is Cheap. Why It Can Double From Here.

By
Bill Alpert and
Connor Smith
  • Order Reprints
  • Print Article

Twitter co-founder Jack Dorsey has stepped aside as the company’s CEO. Investors have reason to be optimistic about what comes next.

Joe Raedle/Getty Images

Wall Street folks used to say Twitter stock would jump when co-founder and CEO Jack Dorsey finally surrendered the reins to a chief executive solely focused on the social-media company, rather than one trying to run both Twitter and Square at the same time, as Dorsey has done since 2015.

And yet, Twitter (ticker: TWTR) stock is down about 10% since this past week’s news that Twitter technology chief Parag Agrawal would replace Dorsey as CEO. The selloff gives investors a buying opportunity they haven’t seen in years.

At...

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.