HomeLifestyleEntertainmentSpotify (SPOT) Reaches Deal | KB Home (KBH) And NetApp (NTAP) Down
Spotify (SPOT) Reaches Deal | KB Home (KBH) And NetApp (NTAP) Down

Spotify (Spot) reaches a deal to use the Google Play billing system as a way for subscribers to pay for their subscription or purchases. You're still paying a lot in terms of the multiples for this company, says Joe Mazzola, Director of Trader Education at Charles Schwab. KB Home (KBH) shares are down this morning after earnings. Joe says KB Home has a low P/E but the sector is in a tough spot, so it could be a bit of a value trap. Next Joe discusses Darden Restaurants (DRI) and possible headwinds to their consumer, such as higher gas prices. He also takes a look at NetApp (NTAP), with its downgrade from BOFA to neutral from a buy rating. Lastly, he discusses iRobot (IRBT) with its upgrade from Northland to outperform.

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