Better Buy: Spotify vs. AT&T
Though AT&T (NYSE: T) and Spotify Technology (NYSE: SPOT) are two completely separate businesses, weighing opportunity costs between two companies can be quite useful as part of the decision-making process on a potential stock investment. While each company has its own management team, capital structure, and strategy, both are vying for shareholder dollars and have some similarities as well.
With that in mind, let's see which of these two companies is more deserving of an investment.
Spotify is the world's largest audio-streaming platform. It offers music streaming services to 345 million listeners globally and generated $9.3 billion in advertising and subscription revenues in 2020, up 16.5% from the year before. Since 2016, Spotify has increased its total number of monthly active users (MAUs) by 178%. But there's more for investors to consider than just revenue and user count.
Source Fool.com
