Seeking Alpha

With 80B photos being snapped by Americans every year the prospect for Shutterfly (SFLY +2.5%)...

With 80B photos being snapped by Americans every year the prospect for Shutterfly (SFLY +2.5%) to continue its growth trek looks pretty solid, argues Eric Savitz. Despite valuation that leans to the pricey side, he notes that Shutterfly has the solid-growing revenue model based on merchandising that comparably-valuated Instagram lacks. Trading at 53% lower than its 52-week high, Savitz sniffs a bargin.
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