Leon: "Fundamentals Matter" for SPOT Despite Massive Market Share Capture
Schwab Network · Schwab Network
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Show Notes
Spotify's (SPOT) earnings Tuesday morning will be one closely watched by investors, says CFRA's Ken Leon. While he says its only competition in terms of market share is "maybe YouTube," the stock's massive run higher may be stopped by ballooning valuation. He has a hold rating on Spotify. Tom White offers a neutral and a neutral-to-bullish example options trades for the company.
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