Best Streaming Stocks To Keep An Eye On – May 14th

NVIDIA, AppLovin, Spotify Technology, Walt Disney, Trade Desk, Comcast, and Tencent Music Entertainment Group are the seven Streaming stocks to watch today, according to MarketBeat’s stock screener tool. Streaming stocks are shares of companies whose primary business is delivering digital audio or video content over the internet—typically via subscription, advertising or pay-per-view models. Their market performance is driven by metrics like subscriber growth, engagement rates and content licensing costs. These companies had the highest dollar trading volume of any Streaming stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Shares of NVDA stock traded up $5.30 during trading hours on Wednesday, reaching $135.23. 209,589,960 shares of the company’s stock were exchanged, compared to its average volume of 295,886,736. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $195.95. The stock has a market capitalization of $3.31 trillion, a P/E ratio of 53.22, a P/E/G ratio of 1.76 and a beta of 2.11. The business has a fifty day moving average price of $110.79 and a 200-day moving average price of $127.08. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.

AppLovin (APP)

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.

Shares of APP stock traded up $5.90 during trading hours on Wednesday, reaching $376.00. 4,756,513 shares of the company’s stock were exchanged, compared to its average volume of 6,018,673. AppLovin has a fifty-two week low of $60.67 and a fifty-two week high of $525.15. The stock has a market capitalization of $127.82 billion, a P/E ratio of 82.82, a P/E/G ratio of 3.02 and a beta of 2.39. The business has a fifty day moving average price of $278.36 and a 200-day moving average price of $314.35. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 3.70.

Spotify Technology (SPOT)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through 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.

Spotify Technology stock traded up $10.66 during trading hours on Wednesday, hitting $630.73. The stock had a trading volume of 1,410,467 shares, compared to its average volume of 2,502,330. The company has a 50-day moving average of $577.70 and a two-hundred day moving average of $528.25. The company has a market cap of $129.11 billion, a PE ratio of 106.01 and a beta of 1.72. Spotify Technology has a fifty-two week low of $288.07 and a fifty-two week high of $663.55.

Walt Disney (DIS)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

DIS stock traded up $0.66 during midday trading on Wednesday, hitting $112.04. The stock had a trading volume of 7,561,622 shares, compared to its average volume of 10,367,953. The firm has a market capitalization of $201.42 billion, a price-to-earnings ratio of 36.50, a P/E/G ratio of 1.80 and a beta of 1.49. Walt Disney has a 52 week low of $80.10 and a 52 week high of $118.63. The stock has a 50-day simple moving average of $94.01 and a 200 day simple moving average of $104.44. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Trade Desk (TTD)

The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.

TTD stock traded up $0.04 during midday trading on Wednesday, hitting $78.18. The stock had a trading volume of 7,920,788 shares, compared to its average volume of 5,922,815. The firm has a market capitalization of $38.78 billion, a price-to-earnings ratio of 100.23, a P/E/G ratio of 3.11 and a beta of 1.29. Trade Desk has a 52 week low of $42.96 and a 52 week high of $141.53. The stock has a 50-day simple moving average of $55.14 and a 200 day simple moving average of $94.60.

Comcast (CMCSA)

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.

Shares of NASDAQ CMCSA traded down $0.29 during midday trading on Wednesday, reaching $34.50. 9,445,296 shares of the company traded hands, compared to its average volume of 21,858,046. The firm has a market cap of $128.81 billion, a PE ratio of 8.31, a PEG ratio of 1.78 and a beta of 0.97. The stock’s 50-day simple moving average is $34.96 and its 200-day simple moving average is $37.44. Comcast has a 12 month low of $31.44 and a 12 month high of $45.31. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.68 and a current ratio of 0.68.

Tencent Music Entertainment Group (TME)

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.

Shares of NYSE TME traded up $2.23 during midday trading on Wednesday, reaching $16.92. 17,362,305 shares of the company traded hands, compared to its average volume of 8,230,814. The firm has a market cap of $29.04 billion, a PE ratio of 31.33, a PEG ratio of 0.77 and a beta of 0.46. The stock’s 50-day simple moving average is $13.42 and its 200-day simple moving average is $12.37. Tencent Music Entertainment Group has a 12 month low of $9.41 and a 12 month high of $16.95. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.34 and a current ratio of 2.34.