Aron Pinson was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick.
LPS Financial Co-Founder and Chief Investment Officer Aron Pinson discussed Pandora Media Inc P on the show.
Pinson felt that Pandora should “be part of a much bigger business.”
Apple Inc. AAPL made a purchase similar to Pandora with Beats, Pinson noted, while Microsoft Corporation MSFT, Google Inc GOOG GOOGL, Amazon.com, Inc. AMZN and Facebook Inc FB were larger, “ecosystem focused” companies in Pinson’s view.
A company like Pandora would help support a larger company’s ecosystem by driving traffic to other services while Pandora’s stand-alone business model “doesn’t work,” according to Pinson.
Pinson thought Pandora was a great product, but would not have to make money in a larger ecosystem and that consolidation was inevitable over time.
Pandora Media recently traded at $18.28, down 0.16 percent.
Listen to the show here:
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