Best Digital Media Stocks Worth Watching - October 23rd

Key Points

• MarketBeat's stock screener identifies seven Digital Media stocks to watch, including Adobe, DoubleVerify, and Ziff Davis, known for their high trading volumes and engagement metrics.
• Adobe has launched Premiere Pro on iPhone, anticipating potential growth in both user engagement and revenues.
• Townsquare Media focuses on providing digital marketing solutions for small and medium-sized businesses, integrating services such as website design, SEO, and social media management.

Adobe, DoubleVerify, Ziff Davis, Xunlei, GameSquare, The Arena Group, and Townsquare Media are the seven Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are shares of companies whose primary businesses involve creating, distributing, or monetizing digital content and services—such as streaming platforms, social networks, online publishers, digital advertising and marketing technology, and video-game or mobile-app publishers. Investors typically evaluate these stocks by looking at user and engagement metrics (MAUs, watch time, subscriber growth), advertising and subscription revenue trends, content and technology costs, and regulatory or competitive risks that can make valuations volatile. These companies had the highest dollar trading volume of any Digital Media stocks within the last several days.

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.

Read Our Latest Research Report on ADBE

DoubleVerify (DV)

DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments.

Read Our Latest Research Report on DV

Ziff Davis (ZD)

Ziff Davis, Inc., together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com.

Read Our Latest Research Report on ZD

Xunlei (XNET)

Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.

Read Our Latest Research Report on XNET

GameSquare (GAME)

GameSquare Holdings, Inc. operates as a vertically integrated digital media, entertainment, and technology company. Its platform to connect with gaming and youth culture audiences. The company's end-to-end platform includes Code Red Esports Ltd., an esports talent agency; GCN, a digital media company focusing on the gaming and esports audience; Zoned, a gaming and lifestyle marketing agency; Complexity Gaming, a esports organization operating; Fourth Frame Studios, a creative production studio; and Mission Supply, a merchandise and consumer products business; Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.

Read Our Latest Research Report on GAME

The Arena Group (AREN)

The Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platform in the United States and internationally. The company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology.

Read Our Latest Research Report on AREN

Townsquare Media (TSQ)

Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.

Read Our Latest Research Report on TSQ