What happened Shares of Sonos (NASDAQ: SONO) rose 11.8% in January, according to data provided by S&P Global Market Intelligence, not on any specific news, but continuing a trajectory for the sound specialist that allowed its stock to nearly quintuple from its low point last March. So what The growth was brought on by audiophiles finding Sonos premium speaker solutions to be a cut above the competition of mass market speakers from the likes of Amazon.com, Apple, and Google. Image source: Sonos. Because more people discovered that the various components Sonos sells work seamlessly together to bring a richer, more full listening experience, it was able to see sales rise 3% across 2020, even though retail stores were closed. Last year marked the 15th consecutive year Sonos grew total households with a Sonos product by 20% or more. SONO data by YCharts Now what It's likely the upward trend will continue. The Sonos Move has proved to be a very popular speaker because it allows for wireless Wi-Fi and Bluetooth-enabled use indoors and outside of the home, but it's not exactly portable. The Verge site found new FCC documentation, however, that hints a new portable Move-like device, also with Bluetooth and Wi-Fi capabilities, is in the works, which could lead to a whole new round of sales growth. Elevating the audio experience has proved to be a profitable endeavor for Sonos, as full-year adjusted profits rose 22% last year, and new products should help make the tech stock's coming year a good year, too. 10 stocks we like better than Sonos IncWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Sonos Inc wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Rich Duprey has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Amazon and Sonos Inc and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. The Motley Fool has a disclosure policy.Source