Promising Streaming Stocks To Follow Today – January 3rd

Confluent, Spotify Technology, and Roku are the three Streaming stocks to watch today, according to MarketBeat’s stock screener tool. “Streaming stocks” most commonly refers to shares of companies that deliver digital content or services over the internet (for example, Netflix or Spotify), where investors gain exposure to subscriber growth, engagement metrics, and recurring-revenue business models. In a different context—natural resources—”streaming stocks” are shares of firms that buy future production streams from miners in exchange for upfront payments, offering investors leveraged commodity exposure with lower operating risk than owning a mining company directly. These companies had the highest dollar trading volume of any Streaming stocks within the last several days.

Confluent (CFLT)

Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software.

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.

Roku (ROKU)

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.