Spotify shares rocketed to new all-time highs after the audio subscriber posted strong user growth and its first year of annual profit. Nice momentum for our Core Conviction listing.
Plus a new CORE CONVICTION stock, why Spotify (SPOT) is on the bubble, and much more...
In fact, it doesn't have much to do with music at all...
Spotify's is on fire this year and Apple, shockingly, is playing catch up and trying to make the experience for Spotify users not as great.
Spotify is one of the best examples of a company utilizing AI to make its products better and its users happier, and support its internal workings after mass layoffs.
SPOT shares have traded +101% higher over the past year. Is this growth justified?
And LikeFolio data suggests it has plenty of it...