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

Is SPOT a good stock to buy? We came across a bullish thesis on Spotify Technology S.A. on Nikhs’s Substack. In this article, we will summarize the bulls’ thesis on SPOT. Spotify Technology S.A.'s share was trading at $519.86 as of May 25th. SPOT’s trailing and forward P/E were 34.69 and 35.09 respectively according to Yahoo Finance.

[caption id="attachment_521016" align="aligncenter" width="750"] Copyright: dennizn / 123RF Stock Photo[/caption]

Spotify Technology S.A. is evolving from a music distribution platform into a sophisticated “Taste Graph” ecosystem that uses...