Investors are shunning energy ETFs and continuing to plow money into battered names, like ARKK.
Many tech stocks tumbled over the past few months as rising interest rates and other macroeconomic headwinds sparked a retreat toward more conservative investments. Two of the most resilient names were Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
Despite missing analysts' expectations for ad revenue and subscribers, Spotify (NYSE: SPOT) did post some positive numbers in its most recent earnings report. In this video clip from "The Virtual Opportunities Show" on Motley Fool Live, recorded on May 3, Fool.com contributors Jose Najarro and Travis Hoium outline some metrics that show it could be a good time to buy stock in the digital music service. Jose Najarro: We can see Spotify right now.