Seven Unknown AI Stocks That Could Dominate the Next Six Years
The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.
About Spotify Technology S.A
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers with no subscription fees. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2020, its platform included 345 million monthly active users and 155 million premium subscribers in 93 countries and territories. The company was founded in 2006 and is based in Luxembourg, Luxembourg.
General
| Name | Spotify Technology S.A |
| Ticker | SPOT |
| Exchange | NYSE |
| Sector | Communication Services |
| Industry | Internet Content & Information |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 5,584 |
Highlights
| Analyst Target | 315.11 |
| Market Cap | 51,844,730,880 |
| PE Ratio | 138.74 |
Share Stats
| Shares Outstanding | 190,795,008 |
| Shares Float | 136,346,471 |
| Shares Short | 4,306,914 |
| Insider Holdings | 2926% |
| Institution Holdings | 59.85% |
Highlights
| Analyst Target | 315.11 |
| Market Cap | 51,844,730,880 |
| PE Ratio | 138.74 |
Valuation
| Price/Sales (Trailing 12 Mt.) | 5.66 |
| Price/Book (Most Recent Quarter) | 16.16 |
Earnings
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