These stocks got turbocharged when companies adopted a subscription model [MarketWatch]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: MarketWatch
Opinion: These stocks got turbocharged when companies adopted a subscription model I call them “autopilot stocks.” Do you know many of America’s fastest-growing businesses are built on one key principle? I’m talking about disruptors such as Amazon AMZN, +3.35% Thirteen years ago, the company launched its Prime delivery service. Today, there are nearly as many Prime subscribers as there are full-time workers in America. Or Spotify SPOT, +3.45% which recently had an initial public offering (IPO). Eighty-five million people listen to music on the company’s innovative app. Or Netflix NFLX, +3.98% Some 45% of all American households now subscribe to its video service. All three rake in cash by selling subscriptions. Selling subscriptions is a wonderful business model. Instead of charging a one-time fee, a subscription business collects constant streams of cash from customers. Think about this: More than 57 million Americans have agreed to let Netflix take $10.99 directly from thei
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