Growth stocks with wide moats and strong financials can compound investor returns with time. If you're on the hunt for great companies to buy and have $1,000 to invest, here are two names to consider for your portfolio. Vertex Pharmaceuticals (VRTX -0.31%) is a top healthcare stock that has seen renewed investor interest of late, with shares trading up by approximately 35% over the trailing 12 months. The company has long been known for its multibillion-dollar cystic fibrosis drug franchise, and commands th ...

Spotify is raising prices again, and if customers don't push back it will be a great sign for the company. Spotify's (SPOT -0.72%) service is now more expensive than competitors', a sign that it's leaning into being the power player in music. If investors don't push back it could lead to margin improvements and better stock performance, which Travis Hoium covers in this video. *Stock prices used were end-of-day prices of June 25, 2024. The video was published on June 26, 2024. ...

Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Spotify. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Coming into today, shares of the music-streaming service operator had gained 3.11% in the past month. In that same time, the Business Services sector gained 0.6%, while the S&P 500 g ...

_Spotify year-to-date share price chart Key Takeaways | --- | --- | --- | --- | --- | --- | --- | |-------|--------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | stephen_wisnefski published on TradingView.com, Jun 21, 2024 16:01 UTC-4 | | | | | | | | Spotify Technology S.A., 1D, NYSE | | | | | | | | | | | | | | | | | a would and any an ...

Previously, creators who wanted to upload video podcasts to Spotify were required to sign up to be hosted on Spotify for Podcasters, a free platform for podcast creators, or with a partner hosting company. Creators could also separate their video feeds from audio, but this isn't ideal as it uploads as two episodes. Now, any creator can upload directly to Spotify using their preferred podcast hosting service. The company shared this new number with TechCrunch ahead of Vidcon next week, along with other stats ...

Spotify (SPOT -0.57%) is launching AI tools for its advertising business that could make it easier and more lucrative to create ads. This is an untapped part of the company's potential; Travis Hoium covers the potential impact in this video. *Stock prices used were end-of-day prices of June 14, 2024. The video was published on June 16, 2024. Artificial intelligence will give Spotify an advertising boost. ...

A Spotify exec had earlier said the company was looking to use AI to generate host-read ads for podcasters. Spotify announced on Thursday that it's venturing further into the ad space with its first in-house creative agency called Creative Lab, helping brands create custom marketing campaigns. It will also begin testing generative AI ads, the company said. The launch of Creative Lab shows that Spotify is ramping up its efforts to attract advertisers to the platform. This could likely be an attractive offeri ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Spotify (SPOT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Spotify currently has an average brokerage ...

According to the report, Spotify is set to position the new offering as an add-on for existing customers. It lets most users remain on their current Spotify plans, but customers who opt to upgrade will generate additional revenue for the company and its partners. Starting immediately for new subscribers and next month for existing subscribers, the new prices for the plans are $11.99 for Individual (up from $10.99), $16.99 for Duo (up from $14.99), $19.99 for Family (up from $16.99). "[…] We think consumers ...

Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Cons ...