Tesla and Spotify predicted to outperform S&P 500 with high-double-digit earnings growth and improved profitability.

Tesla and Spotify, both growth stocks, show potential to outperform the S&P 500 over the next five years. Tesla's profitability, cost reduction, and expansion plans indicate high-double-digit earnings growth. Spotify's premium subscriber growth and expansion into audiobooks and podcasts are expected to improve profitability, with analysts predicting $10.41 per share in adjusted earnings by 2026.

August 10, 2024
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