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.

SPOT
Spotify Technology S.A
NYSE
342.78
Open 471.81 Prev Close 475.04
High 480.09 Low 469.49
Volume 2,181,792 Volume (Avg) 1,849,708
52 Week High 387.44 52 Week Low 113.58
Market Cap 51.8B PE Ratio 138.74

Shares Stats

Shares Outstanding190,795,008
Shares Float136,346,471
Shares Short4,306,914
Insider Holdings2926%
Institution Holdings59.85%

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

NameSpotify Technology S.A
TickerSPOT
ExchangeNYSE
SectorCommunication Services
IndustryInternet Content & Information
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees5,584

Highlights

Analyst Target315.11
Market Cap51,844,730,880
PE Ratio138.74

Financials

Curr Year EPS Estimate-1.91
Next Quarter EPS Estimate-0.32
Profit Margin-0.07
Return on Assets-0.03
Return on Equity-0.24
Earnings Per Share-7.63
Gross Profit2,015,000,000
Quarterly Revenue Growth0.17

Valuation

Price/Sales (Trailing 12 Mt.)5.66
Price/Book (Most Recent Quarter)16.16

Earnings

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