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Chris Perruna, senior vice president at self-employed, believes META will continue to outperform SNAP.
He points to META's 346 percent increase over the past 9 years, compared to SNAP's 75 percent decline over the same period.
Perruna has tracked recent swings in major tech stocks. He observed that Alphabet closed just 1.9 percent below its all-time high, though trading volume remained low. Perruna also reported strong gains in ANET following its rebound from a drawdown and key moving averages.