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Best Digital Media Stocks To Follow Now - June 30th

Alibaba Group logo with Retail/Wholesale background

Alibaba Group, Adobe, Sunrun, Digital Realty Trust, Magnite, Rocket Companies, and BCE are the seven Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are shares of publicly traded companies that create, distribute and monetize content online—ranging from streaming services and social networks to digital advertising platforms and content-creation tools. Investing in these stocks offers exposure to the fast-growing digital-advertising and content-consumption markets but can be volatile as consumer tastes, technology and regulatory landscapes evolve. 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.

NYSE BABA traded down $1.56 on Monday, hitting $112.52. 4,603,095 shares of the company's stock were exchanged, compared to its average volume of 19,946,777. The firm has a market cap of $268.49 billion, a price-to-earnings ratio of 15.12, a P/E/G ratio of 0.48 and a beta of 0.22. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.55 and a quick ratio of 1.55. The firm's 50-day moving average price is $119.76 and its two-hundred day moving average price is $113.15. Alibaba Group has a fifty-two week low of $71.97 and a fifty-two week high of $148.43.

Read Our Latest Research Report on BABA

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.

ADBE stock traded up $0.01 on Monday, reaching $385.84. The company had a trading volume of 1,274,159 shares, compared to its average volume of 3,391,180. Adobe has a 1 year low of $332.01 and a 1 year high of $587.75. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 0.99. The company's fifty day moving average is $393.23 and its 200 day moving average is $410.24. The company has a market cap of $163.68 billion, a P/E ratio of 24.70, a PEG ratio of 1.83 and a beta of 1.55.

Read Our Latest Research Report on ADBE

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.

RUN stock traded up $1.03 on Monday, reaching $8.46. The company had a trading volume of 23,778,636 shares, compared to its average volume of 13,097,119. Sunrun has a 1 year low of $5.38 and a 1 year high of $22.26. The company has a debt-to-equity ratio of 3.89, a quick ratio of 0.99 and a current ratio of 1.32. The company's fifty day moving average is $8.15 and its 200 day moving average is $8.19. The company has a market cap of $1.93 billion, a P/E ratio of -0.70 and a beta of 2.61.

Read Our Latest Research Report on RUN

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.

DLR stock traded up $1.06 on Monday, reaching $172.42. The company had a trading volume of 598,081 shares, compared to its average volume of 2,006,963. Digital Realty Trust has a 1 year low of $123.33 and a 1 year high of $198.00. The company has a market cap of $58.07 billion, a P/E ratio of 161.20, a PEG ratio of 2.61 and a beta of 0.95. The company's fifty day moving average is $168.80 and its 200 day moving average is $164.60. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.92 and a current ratio of 1.92.

Read Our Latest Research Report on DLR

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 $2.94 during trading hours on Monday, reaching $24.04. 2,824,228 shares of the company's stock were exchanged, compared to its average volume of 2,168,892. Magnite has a 52-week low of $8.22 and a 52-week high of $24.22. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 119.33, a price-to-earnings-growth ratio of 1.72 and a beta of 2.87. The company has a fifty day moving average of $15.85 and a 200-day moving average of $15.32. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.47.

Read Our Latest Research Report on MGNI

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

Shares of RKT traded down $0.19 during trading hours on Monday, hitting $14.04. The stock had a trading volume of 3,988,741 shares, compared to its average volume of 6,503,763. The company has a debt-to-equity ratio of 1.37, a quick ratio of 12.62 and a current ratio of 12.62. The firm has a market cap of $28.07 billion, a P/E ratio of -466.50, a P/E/G ratio of 0.91 and a beta of 2.28. The company's fifty day simple moving average is $12.94 and its 200 day simple moving average is $12.76. Rocket Companies has a 12-month low of $10.06 and a 12-month high of $21.38.

Read Our Latest Research Report on RKT

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.

Shares of BCE traded up $0.21 during trading hours on Monday, hitting $22.01. The stock had a trading volume of 622,420 shares, compared to its average volume of 3,058,297. BCE has a 12-month low of $20.28 and a 12-month high of $36.17. The firm has a market cap of $20.52 billion, a P/E ratio of 84.71, a P/E/G ratio of 3.62 and a beta of 0.61. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.61 and a current ratio of 0.64. The company's fifty day simple moving average is $21.89 and its 200 day simple moving average is $22.72.

Read Our Latest Research Report on BCE

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