Spot

[Kenny Powers]

Picked some up a recently for the first time despite the 135% PE ratio. Up 5% in a week. I'm not music obsessed but this Spotify seems to be where music lovers all go these days. They must have almost all of the younger market. I plan to add more on dips.

Anyone else like this company/stock?

https://finance.yahoo.com/quote/SPOT/

[Kenny Powers]

Up 14% on this in 2 months.

https://www.cnn.com/markets/stocks/SPOT

[Matt]

These kids switch apps like their underwear. Good luck

[Kenny Powers]

Thank you. I think Spotify is the world leader now and here for a while. Up 15.5% on September 9 purchses.

[Kenny Powers]

Reiterated overweight by MS and all time high today. I'm up 42% since Aug/Sept purchases. Thinking about taking some profit here.

[bucko]

Any thoughts going into earnings on Feb 4th? Been on a big run.

[Kenny Powers]

What about you? What are your thoughts?

[Kenny Powers]

World class run for sure.
Not sure how the market will respond to earnings but I've continued to increase my position and intend to hold long term.

SPOT and HOOD have been 2 of my favorites lately and are similar in my mind in terms of trending growth that I expect to continue.

[bucko]

I traveled internationally recently and I was surprised on how many folks used Spotify, the free version with ads and also the premium. I agree on the growth numbers for them that yuge earnings projection scares me some though.

Funny you mention hood, it is one of my best returns. And I agree on your growth thesis. Dont think anyone is going to touch RGTI though.

[Kenny Powers]

How bout that Hood?

https://finance.yahoo.com/quote/HOOD/