CNBC's Josh Brown Remains Bullish on Twitter (TWTR) Stock
NEW YORK (TheStreet) -- Despite having multiple headwinds, Twitter (TWTR) - Get Report is a good stock to invest in, shareholder and CNBC contributor Josh Brown said on "Fast Money: Halftime Report" Monday.
"I really believe in the potential, I mean against all current evidence, of the platform," Brown stated.
Twitter COO Adam Bain is doing a good job growing revenue for the social media company, he explained.
"He's one of the most outstanding executives in Silicon Valley," Brown commented, adding that Bain and other management leaders are "gradually tackling" the current challenges facing the company such as tough competition from rival social media giants.
"Eventually the business is really going to work," he predicted.
Brown's comments came after former Yahoo (YHOO) Interim CEO Ross Levinsohn said earlier on CNBC that Twitter will be acquired by another company within two years.
Shares of Twitter are rising 2.82% to $18.58 this afternoon.
(Twitter is held in Jim Cramer's charitable trust Action Alerts PLUS. See all of his holding with a free trial here.)
Separately, TheStreet Ratings rated Twitter as a "sell" with a score of D.
This is driven by multiple weaknesses. Among the areas TheStreet Ratings feels are negative, one of the most important has been a generally disappointing historical performance in the stock itself.
You can view the full analysis from the report here: TWTR
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.