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Spotify Technology S.A. (SPOT): A Bull Case Theory

We came across a bullish thesis on Spotify Technology S.A. (SPOT) on Substack by Francesco Ferrari. In this article, we will summarize the bulls’ thesis on SPOT. Spotify Technology S.A. (SPOT)'s share was trading at $642.73 as of Feb 19th. SPOT’s trailing and forward P/E were 111.47 and 62.50 respectively according to Yahoo Finance.

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

Spotify has established itself as a dominant force in the global audio streaming industry, with a clear strategy centered around margin...