“There is a correlation between social media, media, and the stock market.” – Kevin O’Leary
Renowned TV personality and investor, and Kevin O’Leary defends social media as a consideration on buying stocks, in CNBC’s half-time report with Scott Wapner. Looking at the cash flows and sales quarter after quarter, the story is not over for tech growth stocks, he added.
The best part of it is, “Mr. Wonderful”, Kevin O’Leary proving his point in shorts and flip-flops behind the scenes.
Who’s running social media for you? Who’s actually telling your story? Who’s doing your messaging?
These questions are taken into considerations when Kevin O’Leary plans for his investments.
With the advent of technology, social media platforms are key players in the rapid flow of information and connections used by investors as strong online sources for investment decisions.
In simple terms, social media is part of the regular workflow or digitalized trading.
Social media is diversified. It is a powerful tool in promoting visibility and accessibility of products and services, but its uses can go beyond that, in whatever ways suited to support the business, and in however we intend to utilize it.
Kevin O’Leary’s views on the show are to be well-taken.