Dan Nathan's Twitter Inc Trade

Speaking on CNBC's Fast Money, Dan Nathan said that his trade for 2015 is Twitter Inc TWTR. He sees the company as a unique social media property and possibly a messaging application and he thinks that there is a lot of value that has not been appreciated by the current market price. Nathan believes that Google Inc GOOG GOOGL should takeover Twitter Inc because it doesn't have a social media strategy at the moment. Google Inc has $60 billion cash and this acquisition would fit great for the company, added Nathan. Melissa Lee commented that a possible departure of the CEO and some kind of activist interest could also be catalysts for a move higher, while Seymour added that a possible downside for the stock is the fact that the company doesn't grow fast enough. Steve Grasso thinks that for Twitter Inc to get to $50, one of the bullish catalysts has to happen. If it drops to $30 he would buy it with both hands.
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Posted In: CNBCMediaDan NathanMelissa LeeSteve Grasso
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