--- title: How a TikTok Ban Could Boost Stock Prices for Meta, Alphabet and Snap description: The U.S. government is considering banning TikTok. If the ban comes to fruition, stock prices of Meta, Alphabet and Snap could get a boost. authors: - name: Sarah Hansen role: Senior Writer url: https://money.com/author/sarah-hansen/ bio: Sarah Hansen is a senior writer at Money covering all things personal finance. Previously, she covered economic policy and capital markets on the breaking news desk at Forbes. education: Northwestern University, New York University at_money_since: 2021 articles: 347 covers: - Investing - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Housing - Insurance - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes social: - https://www.linkedin.com/in/sarah-m-hansen/ former_staff: true editors: - name: Mallika Mitra role: Contributing Editor url: https://money.com/author/mallika-mitra/ bio: Mallika Mitra is a contributing editor for Money, based in Chicago. She has covered investing and retirement for seven years and her work has appeared in CNBC, Bloomberg, Kiplinger, AARP, Barron’s, Bankrate, The Daily Upside, ETF.com, The Bond Buyer, PLANADVISER, PLANSPONSOR and Investopedia. education: Craig Newmark Graduate School of Journalism at CUNY Kalamazoo College at_money_since: 2020 articles: 395 covers: - Investing - Banking - Business - Career Advice - Credit - Credit Cards - Debt - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology also_seen_in: - CNBC - Bloomberg - Kiplinger - Barron's - Bankrate - WGN-TV - CBS News Radio - This Morning With Gordon Deal - Everyone's Talkin' Money social: - https://twitter.com/mitra_mallika - https://www.linkedin.com/in/mallika-mitra-4577a386/ published: '2023-03-27T19:19:31.000Z' modified: '2024-04-17T13:06:22.000Z' section: Investing tags: - News - stocks word_count: 520 canonical: https://money.com/tiktok-ban-could-boost-meta-alphabet-snap-stocks/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![TikTok app logo crossed out with red ban sign displayed on phone screen over textured background with stocks graphics](https://img.money.com/2023/03/News-TikTok-Ban.jpg) Authorities in the U.S. are considering a ban of the ultra-popular social media app TikTok. Experts say that if the ban comes to fruition, the stock prices of other major social media companies could get a boost. The video-sharing app is making headlines after a high-profile hearing in Washington, D.C. last week. Some U.S. lawmakers say they'd like an all-out ban or major restrictions for the app. The Biden administration is pushing for ByteDance, TikTok’s parent company, to sell the platform, though Beijing has [pushed back](https://www.nytimes.com/2023/03/23/technology/biden-tiktok-options.html) on that plan. The concern among lawmakers stems from TikTok’s treatment of user data, and the worry that sensitive user data could make its way — or has already made its way — to the Chinese government. The U.S. government has already banned the app on [federal devices and systems](https://www.reuters.com/technology/white-house-gives-agencies-30-days-impose-federal-device-tiktok-ban-2023-02-27/). Here's what a full ban of TikTok in the U.S. could mean for other major social media [stocks](https://money.com/how-to-buy-stocks/). ## What experts are saying If a TikTok ban becomes law, market experts say other social media stocks could benefit. A TikTok ban could prompt content creators to focus on other apps like Instagram (owned by Facebook parent [Meta](https://money.com/how-to-buy-facebook-stock/)), YouTube (owned by Google parent Alphabet) and Snapchat, says Ali Mogharabi, senior equity analyst at Morningstar. "Content is king — it's what actually attracts the users," Mogharabi says. More users means more advertising revenue, and that means potentially higher stock prices. In a [recent interview](https://www.youtube.com/watch?v=UMFzWnul6Fs) with CNBC, Gene Munster, managing partner at Deepwater Asset Management, said he sees a 10% upside for Meta’s stock price if a ban is enacted. Angelo Zino, senior equity analyst at CFRA Research, said in email commentary shared with Money, "SNAP should be the biggest beneficiary." ## Keep in mind Despite all the fiery rhetoric in Washington, there’s no guarantee of a ban. "Although a ban has bipartisan support, we still place only about a 35%-40% chance it happens," Zino said. There's also the question of whether or not the government is actually allowed to ban TikTok — and the answer is [unclear](https://www.wsj.com/articles/tiktok-ban-legal-explained-bbeb21c2). Many experts are saying a ban could be an uphill battle when it comes to regulation and legality. ## What it means for you In general, experts don’t recommend making major changes to your investment portfolio based on news events, or on short-term fluctuations in a specific industry. It’s notoriously difficult to time the market. Instead, [financial advisors](https://money.com/how-to-choose-a-financial-advisor/) tend to say investors should focus on maintaining a [diversified portfolio](https://money.com/how-to-diversify-your-stock-portfolio/) that includes stocks from a variety of industries. That includes social media stocks like Alphabet, Meta and Snap, but also stocks of smaller companies, those in other industries and [international stocks](https://money.com/why-you-should-own-international-stocks/). Keep in mind you probably don't want to have more than [5% of your portfolio](https://money.com/diversification-how-many-stocks/) allocated to any one stock — no matter how much [you think](https://money.com/why-overconfidence-hurts-investors/) it might jump. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/tiktok-ban-could-boost-meta-alphabet-snap-stocks/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Investing", "item": "https://money.com/investing/" }, { "@type": "ListItem", "position": 3, "name": "Stocks", "item": "https://money.com/stocks/" }, { "@type": "ListItem", "position": 4, "name": "How a TikTok Ban Could Boost Stock Prices for Meta, Alphabet and Snap" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/tiktok-ban-could-boost-meta-alphabet-snap-stocks/#webpage", "url": "https://money.com/tiktok-ban-could-boost-meta-alphabet-snap-stocks/", "name": "How a TikTok Ban Could Boost Stock Prices for Meta, Alphabet and Snap", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2023-03-27T19:19:31.000Z", "mainEntity": { "@id": "https://money.com/tiktok-ban-could-boost-meta-alphabet-snap-stocks/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/tiktok-ban-could-boost-meta-alphabet-snap-stocks/#breadcrumb" }, "dateModified": "2024-04-17T13:06:22.000Z" }, { "@type": "NewsArticle", "headline": "How a TikTok Ban Could Boost Stock Prices for Meta, Alphabet and Snap", "articleSection": "Investing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2023/03/News-TikTok-Ban.jpg", "width": 2880, "height": 1920, "caption": "News-TikTok-Ban" } ], "author": [ { "@type": "Person", "name": "Sarah Hansen", "url": "https://money.com/author/sarah-hansen/", "@id": "https://money.com/author/sarah-hansen/#author", "description": "Sarah Hansen is a senior writer at Money covering all things personal finance. 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