Top Digital Media Stocks Worth Watching – February 15th

Alibaba Group, Adobe, Digital Realty Trust, Sunrun, BCE, Nexstar Media Group, and Magnite are the seven Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are shares of companies that operate in the digital media industry, including companies involved in streaming services, social media platforms, online advertising, and other digital content production and distribution. Investors may consider buying digital media stocks as a way to gain exposure to the growth potential of the digital media sector and capitalize on the increasing shift towards online platforms for entertainment and information consumption. These companies had the highest dollar trading volume of any Digital Media stocks within the last several days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Shares of BABA traded up $5.19 on Friday, hitting $124.73. The company’s stock had a trading volume of 52,592,862 shares, compared to its average volume of 21,722,708. The company has a market capitalization of $296.71 billion, a PE ratio of 25.30, a PEG ratio of 0.42 and a beta of 0.31. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 1.37. Alibaba Group has a fifty-two week low of $68.36 and a fifty-two week high of $126.80. The company has a 50 day moving average price of $91.25 and a 200 day moving average price of $91.02.

Adobe (ADBE)

Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.

Shares of ADBE traded up $0.94 on Friday, hitting $460.16. The company’s stock had a trading volume of 2,621,864 shares, compared to its average volume of 3,588,013. The company has a market capitalization of $200.31 billion, a PE ratio of 37.11, a PEG ratio of 2.11 and a beta of 1.31. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.07 and a quick ratio of 1.07. Adobe has a fifty-two week low of $403.75 and a fifty-two week high of $607.32. The company has a 50 day moving average price of $446.56 and a 200 day moving average price of $496.88.

Digital Realty Trust (DLR)

Digital Realty Trust, Inc. operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.

Shares of NYSE DLR traded down $0.75 during midday trading on Friday, hitting $164.06. The stock had a trading volume of 4,795,069 shares, compared to its average volume of 2,331,411. The firm has a market cap of $54.42 billion, a P/E ratio of 137.86, a price-to-earnings-growth ratio of 4.27 and a beta of 0.63. Digital Realty Trust has a fifty-two week low of $131.42 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. The company’s 50-day simple moving average is $175.45 and its 200 day simple moving average is $168.78.

Sunrun (RUN)

Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.

NASDAQ:RUN traded up $0.24 on Friday, hitting $8.82. 7,499,245 shares of the stock were exchanged, compared to its average volume of 10,613,304. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of -4.85 and a beta of 2.59. Sunrun has a 52 week low of $7.87 and a 52 week high of $22.26. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.15 and a current ratio of 1.47. The company’s 50-day moving average price is $9.62 and its 200 day moving average price is $13.74.

BCE (BCE)

BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.

NYSE:BCE traded up $0.23 on Friday, hitting $23.86. 2,282,436 shares of the stock were exchanged, compared to its average volume of 3,432,294. The stock has a market capitalization of $21.76 billion, a price-to-earnings ratio of 198.79, a P/E/G ratio of 3.91 and a beta of 0.57. BCE has a 52 week low of $21.87 and a 52 week high of $38.14. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.60 and a current ratio of 0.62. The company’s 50-day moving average price is $23.63 and its 200 day moving average price is $29.39.

Nexstar Media Group (NXST)

Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services.

NASDAQ:NXST traded up $2.58 on Friday, hitting $153.34. 278,985 shares of the stock were exchanged, compared to its average volume of 259,050. The stock has a market capitalization of $4.76 billion, a price-to-earnings ratio of 8.87, a P/E/G ratio of 0.44 and a beta of 1.45. Nexstar Media Group has a 52 week low of $147.25 and a 52 week high of $191.86. The company has a debt-to-equity ratio of 2.98, a quick ratio of 1.68 and a current ratio of 1.68. The company’s 50-day moving average price is $156.99 and its 200 day moving average price is $164.58.

Magnite (MGNI)

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company’s platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers.

Shares of Magnite stock traded up $0.51 during trading on Friday, hitting $20.00. 2,102,770 shares of the company were exchanged, compared to its average volume of 1,713,613. The firm has a market capitalization of $2.81 billion, a P/E ratio of 333.33, a price-to-earnings-growth ratio of 1.05 and a beta of 2.52. Magnite has a 1-year low of $8.38 and a 1-year high of $21.29. The firm’s fifty day moving average price is $17.01 and its 200 day moving average price is $14.88. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.11 and a quick ratio of 1.11.