This Recent IPO Looks Better Every Day
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Pandora recently reported results that exceeded expectations on both the top and bottom lines. But that's not the real story. The real story is about the progress the company continues to make, which bodes well for the future. Membership and usage continue to rise. And its market share of listening is now 6% versus 3.1% from a year ago. John and David are not quite ready to purchase shares of Pandora for their real-money 10-Bagger portfolio. But they are encouraged by what they see and will keep an eye on this one.
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At the time this article was published David MeierandJohn Reeveshave no positions in the stocks mentioned above. The Motley Fool owns shares of Facebook and TripAdvisor.Motley Fool newsletter services recommendTripAdvisor. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.