Spotify's (NYSE: SPOT) earnings were strong once again, as the company's focus on profits and cash flow paid off. But it was the level of margin expansion that shocked investors. In this video, Travis Hoium shows where the company is winning and where there's still opportunities ahead.
*Stock prices used were end-of-day prices of Nov. 12, 2024. The video was published on Nov. 12, 2024.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
- Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $23,529!*
- Apple: if you invested $1,000 when we doubled down in 2008, you’d have $42,465!*
- Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $441,949!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
*Stock Advisor returns as of November 11, 2024
Travis Hoium has positions in Spotify Technology. The Motley Fool has positions in and recommends Spotify Technology. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
