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Best Music Stocks To Research - April 26th

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Key Points

  • MarketBeat’s screener flagged NetEase (NTES), Tencent Music Entertainment (TME), and Warner Music Group (WMG) as the top Music stocks to watch, based on the highest dollar trading volume in recent days.
  • NetEase combines online games, Cloud Music streaming, online learning (Youdao) and other internet services, giving it diversified revenue streams beyond pure-play music exposure.
  • Tencent Music operates China-focused streaming and social music platforms (QQ Music, Kugou, Kuwo, WeSing) offering streaming, karaoke, live and long-form audio, while Warner Music is a global recorded-music and publishing company that monetizes artist catalogs through sales, licensing and reissues.
  • MarketBeat previews the top five stocks to own by May 1st.

NetEase, Tencent Music Entertainment Group, and Warner Music Group are the three Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are shares of publicly traded companies that derive a material portion of their revenue from the creation, distribution, licensing, or monetization of music — for example record labels, streaming platforms, music publishers and rights administrators, concert promoters, and audio-equipment firms. Investors view them as exposure to income streams like streaming subscriptions, advertising, licensing/royalties and ticket sales, with returns and risks driven by changing consumer tastes, hit-driven volatility, technology/platform shifts, and copyright/licensing developments. These companies had the highest dollar trading volume of any Music stocks within the last several days.

NetEase (NTES)

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments.

Read Our Latest Research Report on NTES

Tencent Music Entertainment Group (TME)

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.

Read Our Latest Research Report on TME

Warner Music Group (WMG)

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville.

Read Our Latest Research Report on WMG

Further Reading

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