Is Spotify's stock a good buy ?

New mhnd
Apr 22, 2018 11 Comments

The company is notorious for posting annual losses, last year losses amounted to almost a half a billion usd.

Stock price is currently@ 158$ ( what does this tell us regarding confidence in future potential? ). Personally, I don't see how spotify can't become a winner in the near future.

For those of you who actually trade or have a stock portfolio, would you even consider getting SPOT stock?

Ps: please refrain from responding if you've never done any stock trading before.

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TOP 11 Comments
  • Microsoft / Product @zzz
    Good product with cult following but a really crowded market, 2 Google services Google play and YouTube , Amazon, and Apple. Each of them could start a price race to the bottom, without hurting their bottoming a tiny bit. Btw everyone has exactly the same international catalog with maybe some minor local market differences. So not a buy for me.
    Apr 22, 2018 4
    • eBay ottoman
      Google Play Music and Amazon are trash, though. The only real competition is Apple Music
      Apr 22, 2018
    • Microsoft / Product @zzz
      I use Amazon simply because it's super cheap with prime and stuff I listen to I found no difference. The ux could be better. I like their lyrics feature too.
      Apr 22, 2018
    • Microsoft / Product @zzz
      They all have exactly the same catalog, from the big music labels. As I said there maybe differentiation for local and ethnic music which I don't listen to that much.
      Apr 22, 2018
    • eBay ottoman
      All these apps more or less have the same catalog, with Apple having the most timed exclusives, so I think the main differentiators are UX and discovery tools. I think Spotify is king in this respect. The UI is nice and they have excellent curated playlists and personalized music discovery algorithms. They do some cool original content too like “Spotify Singles” and videos. The content in their RapCaviar playlist is pretty awesome sometimes.

      Oh, Spotify Connect is also an amazing thing. Being able to instantly play music from my phone on an Echo or a Google Home or my TV is so, so nice
      Apr 22, 2018
  • Facebook bfcc
    See that options are available for it. Figuring out what to buy for Puts.
    Apr 22, 2018 1
    • FB191801P00005000 is my personal favourite right now
      Apr 23, 2018
  • Akamai Technologies / Other Techrulez
    I’ve been watching SPOT since its IPO. There’s no way I’m jumping on that at these prices. I may consider it if it drops down to the $70s or lower.
    Apr 23, 2018 0
  • Microsoft Shrimps
    Most definitely not. Please don’t lose your money this way
    Apr 23, 2018 0
  • Pure Storage Phamt27
    I wouldn’t buy Spotify at that price.
    Apr 22, 2018 0
  • Pandora SadP
    Buy! It’s bargain right now. I can’t see this one going down ever. The only way is up!
    Apr 22, 2018 0