Best Digital Media Stocks To Watch Now - June 10th

Alibaba Group, Adobe, Digital Realty Trust, Sunrun, and Rocket Companies are the five 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 or monetize digital content and services—such as streaming platforms, social networks, online publishers, gaming firms and digital advertisers. Investors buy and sell these equities to gain exposure to the growth of digital consumption, advertising revenue and subscription models. Performance in this sector often reflects trends in internet usage, technological innovation and shifts in consumer behavior. 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.

BABA stock traded down $1.34 during midday trading on Tuesday, reaching $120.14. The company had a trading volume of 3,747,032 shares, compared to its average volume of 19,942,976. Alibaba Group has a 1-year low of $71.80 and a 1-year high of $148.43. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 1.48. The stock has a 50 day moving average price of $117.94 and a 200-day moving average price of $110.38. The company has a market capitalization of $286.65 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 0.61 and a beta of 0.22.

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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 NASDAQ ADBE traded up $0.61 during trading on Tuesday, reaching $416.87. The company had a trading volume of 876,591 shares, compared to its average volume of 3,398,145. Adobe has a 12 month low of $332.01 and a 12 month high of $587.75. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.29. The company's fifty day moving average price is $382.02 and its 200-day moving average price is $423.49. The stock has a market cap of $177.67 billion, a P/E ratio of 33.68, a PEG ratio of 2.15 and a beta of 1.55.

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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 $1.09 during mid-day trading on Tuesday, hitting $175.59. 543,127 shares of the company traded hands, compared to its average volume of 1,985,857. The stock has a 50-day moving average price of $159.90 and a two-hundred day moving average price of $166.18. The stock has a market cap of $59.14 billion, a P/E ratio of 108.42, a P/E/G ratio of 4.38 and a beta of 0.95. Digital Realty Trust has a 12-month low of $129.95 and a 12-month high of $198.00. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80.

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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.

Shares of RUN stock traded up $0.39 on Tuesday, reaching $8.66. The company's stock had a trading volume of 6,554,719 shares, compared to its average volume of 11,946,216. The company has a market capitalization of $1.98 billion, a P/E ratio of -4.76 and a beta of 2.61. The company has a quick ratio of 1.15, a current ratio of 1.47 and a debt-to-equity ratio of 1.92. Sunrun has a 12-month low of $5.45 and a 12-month high of $22.26. The stock's 50 day simple moving average is $7.84 and its 200-day simple moving average is $8.53.

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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.

RKT stock traded up $0.26 during midday trading on Tuesday, hitting $13.01. The company had a trading volume of 4,353,840 shares, compared to its average volume of 5,947,253. The company has a current ratio of 15.47, a quick ratio of 15.47 and a debt-to-equity ratio of 1.51. The stock's 50 day moving average price is $12.63 and its 200 day moving average price is $12.73. The stock has a market cap of $26.01 billion, a price-to-earnings ratio of -81.34 and a beta of 2.28. Rocket Companies has a 52 week low of $10.06 and a 52 week high of $21.38.

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