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Out Fox The $treet: May 7, 2018

Stocks to watch for the week ahead:

Glu Mobile (GLUU) - the stock appears headed for a run above $6 to test the highs from previous years. At $5.30, the EV is still a reason 2x bookings estimates. 

Spotify (SPOT) - the market remains incredibly bearish on the streaming-music leader that has already turned around the music industry from years of declining revenues. Watch the company transition to more exclusive content and a higher multiple similar to the path taken by Netflix (NFLX) in video. Spotify remains a bargain below $160. 

Synergy Pharma (SGYP) - the small biotech remains too cheap as Trulance prescriptions continue trending higher. Prices below $2 won't last long. 

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Disclosure: Long GLUU, SGYP