An Article posted in Billboard by Glenn
Peoples on December 24 2013, with
the purpose to inform the Entertainment Investment Community of the possibility
of the music streaming service provider Pandora to open 2014, ahead of the
competition. It has been reported that Pandora's shares have
risen to close 2013 up 215%. Glenn pointed out that Needham believes that Pandora
will continue to grow in 2014.
The
report by Glenn Peoples is describing Pandora as a growth company whose value
will continue to move upward in the coming months and is worth watching in 2014.
60% of Pandora’s revenue came from the mobile devices market in 2013. It is believed
that Pandora’s competitors are not in position to affect Pandora’s growth in its
current market position.
It is a fact that Pandora has suffered from law suits and
criticism against unprofitability however, the company has managed to maintain its
customer user base in the streaming market. With Apple’s launch of iTunes Radio and expansion
into the European countries Pandora’s active user base took a short hit, later
returning to keep Pandora moving forward.
It appears that advertiser are looking closely at Pandora to
see how many advertisements its listeners will potentially see and hear in the
coming year. It just might be that Pandora has just opened another box of
surprises for bullish investors. No one wants to be left behind when it comes to
making money fast and long.
Pandora maybe a critic’s choice for negative press but the
market position where Pandora sits is a potential investment option. The possibility
that Pandora is on an upswing cannot be over looked. With close analysis the skeptic
will bet on Pandora in a Bear Market. Pandora is raising up from the fire of
criticism and clearing a path for the serious investor.
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