Spotify (NYSE: SPOT) has fought off formidable competitors to build a dominant position in streaming music and that moat will grow over time. Add in the expansion into podcasts, audiobooks, and now video and this is a great stock to buy and hold forever.
*Stock prices used were end-of-day prices of March 28, 2025. The video was published on April 2, 2025.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
- Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $281,057!*
- Apple: if you invested $1,000 when we doubled down in 2008, you’d have $42,114!*
- Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $502,905!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Spotify Technology. The Motley Fool has positions in and recommends Amazon, Spotify Technology, and The Trade Desk. The Motley Fool has a disclosure policy.
