Jun. 11 at 9:23 PM
Some stocks are not just revenue growth stories — they are margin expansion stories.
$AMZN AWS, ads, and retail efficiency driving operating leverage
$NOW subscription scale improving long-term margins
$SOFI financial services scaling with improving unit economics
$ZETA revenue growth gradually converting into free cash flow
OSCR medical loss ratio improvement supporting profitability
SNAP cost structure reset and improved monetization
Revenue growth drives attention, but margin expansion drives valuation rerating.
The key question is whether scale is translating into higher profitability.