Mark Holder
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Mark Holder in Out Fox The $treet,

Out Fox The $treet: November 8, 2017

Stocks to watch today:

LendingClub (LC) - fintech stock is down over 25% from where LendingClub started trading the prior day. The market is disappointed with Q4 revenue guidance around $160 million though the number is a record. The stock only has an EV of $1 billion now offering an incredible value to own the leading online lending marketplace. 

Snap (SNAP) - dump this stock as fast as possible. The social networking stock continues to vastly miss estimates while reporting massive losses including burning cash in excess of $200 million last quarter. Tencent (TCEHY) is no reason to own Snap. 

Zynga (ZNGA) - the mobile game developer is up nearly 10% after solid Q3 results and guidance. The company guided to Q4 bookings of $210 million that initially disappointed considering Q3 hit $213 million. The reality is that Zynga guides conservatively and originally guided to Q3 bookings of only $205 million suggesting Q4 bookings could actually approach $220 million. 

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Disclosure: Long LC, ZNGA