Prediction: These 2 Phenomenal Stocks Are Set to Soar [Yahoo! Finance]
Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
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Source: Yahoo! Finance
So, let's take a look at two stocks I think are poised for years of solid gains. Spotify Technology Sometimes, the best stocks are right under your nose. Or, in the case of Spotify Technology (NYSE: SPOT) , in your ear. You see, so far in 2024, Spotify stock is up more than 71%. That makes it one of the top-performing stocks on Wall Street. Except, strictly speaking, Spotify isn't on Wall Street. Since it's a European company (domiciled in Luxembourg), Spotify isn't part of the S&P 500 , the Nasdaq-100 , or the Dow Jones Industrial Average . However, if it were, it would be at or near the top of each of them. The stock's year-to-date performance would place it fifth in the S&P 500, second (behind only Nvidia ) on the Nasdaq-100, and at the very top of the Dow Jones. At any rate, Spotify's excellent stock performance is a result of several key factors: The popularity of its streaming platform Effective cost management Strong revenue growth As of its most recent quarter
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SPOT
News
- Joe Rogan says Kamala Harris is ‘nailing it' against Trump [Fortune]Fortune
- Spotify Technology And 2 Other Stocks Possibly Undervalued [Yahoo! Finance]Yahoo! Finance
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at KeyCorp from $420.00 to $440.00. They now have an "overweight" rating on the stock.MarketBeat
- Ad spending expected to shift as economic downturn looms -- analyst [Seeking Alpha]Seeking Alpha
- What Makes Spotify (SPOT) a Good Investment? [Yahoo! Finance]Yahoo! Finance
SPOT
Earnings
- 7/23/24 - Beat
SPOT
Sec Filings
- 9/12/24 - Form 144
- 8/22/24 - Form 144/A
- 8/21/24 - Form 144
- SPOT's page on the SEC website