Why Spotify Is the Stock I'm Most Excited to Buy in May
Audio streaming company Spotify Technology (NYSE: SPOT) has been plagued with bad news as of late, resulting in its stock dropping more than 30% from its highs. Between worries over podcasting competition with Apple and Spotify reporting worse-than-expected first-quarter results, investors have rightfully become fretful.
But for investors with a long time horizon, Spotify has made several investments that still appear to be in the early innings. Though it might take time for some of these investments to contribute financially, there are still several areas where Spotify could drive big growth.
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Source Fool.com
