On Wednesday, RBC analysts commented on shares of Pandora Media Inc (NYSE: P).
RBC analyst Mark Mahaney believes now is a great time to buy shares of Pandora: “Pandora’s current 2015 P/S and EV/Ebitda multiples close to 3-year trough creates attractive valuation”
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Mahaney sees Pandora stock as currently in a “fear mode” due to concerns about competition and slowing user growth.
Mahaney finds the CRB royalty rates decision Survey showed Pandora is executing well despite more competition and said Pandora may try to expand internationally within two to three years.
Shares of Pandora closed Tuesday at $19.31, down 2.3 percent.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.