Wall Street Favorites: 3 Social Media Stocks With Strong Buy Ratings for April 2024

Due to a hawkish Federal Reserve, social media stocks lost value last year as businesses reduced their ad expenditures. Still, a return to more favorable conditions is anticipated this year. According to IPG Mediabrands, sales will increase by 9.2% in 2024.If that wasn’t all, Donald Trump is also acting as a tailwind of sorts. Trump Media (NASDAQ:DJT) is one of the most divisive stocks in the market but with a $5 billion market cap achieved in no time, it’s getting hard to ignore.Amidst all of this, we have ...