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Is Spotify Technology S.A. (SPOT) A Good Stock To Buy?

Is SPOT a good stock to buy? We came across a bullish thesis on Spotify Technology S.A. on Compounding Your Wealth’s Substack by Sergey. In this article, we will summarize the bulls’ thesis on SPOT. Spotify Technology S.A.'s share was trading at $519.96 as of March 3rd. SPOT’s trailing and forward P/E were 40.84 and 33.90 respectively according to Yahoo Finance.

[caption id="attachment_959945" align="aligncenter" width="750"] Photo by sgcdesignco on Unsplash[/caption]

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services...