Like most growth stories, Pandora (NYSE:P)
is a work in progress. While that can sometimes make it appear that
management doesn't really know its market or have a solid plan, I
believe changes to policies like the listening cap have more to do with
the ongoing evolution of ad revenue and user monetization. With Pandora
continuing to grow its users, hours, and ad revenue at rates well above
the market, I continue to believe this is an exciting, albeit volatile,
growth story.
Please read the full article here:
http://www.investopedia.com/stock-analysis/082313/pandora-progressing-still-tinkering-p-aapl.aspx
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