Out Fox The $treet

  Spotify reported solid Q3'21 earnings with revenue growing 27%. The company is poised to build a second strong revenue stream via Ad-Supported revenues. The stock is cheap compared to peers at only 4x '22 sales targets. Looking for more investing ideas like this one? Get them exclusively at Out Fox The Street.  Learn More » Spotify Technology  ( SPOT ) continues to build on a strong business shift from a pure focus on streaming music where profit margin were low. The company is one of the few media companies shifting towards ad revenues and away from premium subscription services, to open up a massive digital advertising opportunity. My  investment thesis  remains very Bullish on the stock following weakness earlier this year. Read the full article on Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details. 

Stocks to watch on Monday: AT&T (T)  - Not convinced on the financial projections for 2022, but do like these commitments: - no major acquisitions for 3 years. - pay off 100% of acquisition debt from TW (should be more) - 50%+ of post-dividend FCF used to retire stock (would prefer more debt payments). The stock is up nearly 5% on these promises along with financial projections of a 2022 EPS target of $4.50 to $4.80. Naturally, AT&T would surge, if EPS grew up to $1 during 2021 and 2022.  Fitbit (FIT)  - the stock continues to rally as the fitness tracking company slowly moves into the medical device market. Investors only have to compare the valuation of Fitbit to  Garmin (GRMN)  to see where the stock could've headed in just making the current company profitable. The medical device segment should lead to revenue growth and the ability to capture an even higher forward P/S multiple.  Spotify (SPOT)  - the music streaming and ...

Spotify trades at a discount in the streaming sector due to the direct listing dynamics. The streaming music service continues to expand leadership in the sector over Apple Music. The stock trades too cheap at 4x sales estimates. Oddly,  Spotify  ( SPOT ) trades near the post direct listing lows, while  Netflix ( NFLX ) surges on a bullish earnings report. The streaming services for music and video aren't exactly the same, but the opportunity is similar; making the case for owning the laggard of the group. Read the full article on Seeking Alpha.  Disclosure: Long AAPL, TWX. Please review the disclaimer page for more details. 

The struggles of GSV Capital (GSVC) are no more obvious than the NAV results for Q4 and 2017 in general. Heading into several high profile IPOs in 2018 and the investment company can't generate much in the way of momentum.