Best Social Media Stocks To Follow Today - April 9th

Key Points

• MarketBeat's screener flagged five Social Media stocks with the highest recent dollar trading volume to watch: Strive (ASST), JOYY (YY), Trump Media & Technology Group (DJT) and Sprout Social (SPT) (the report lists JOYY twice).
• The group spans different business models—Strive offers social marketing and Discord community services; JOYY runs live-streaming and short-form video apps (Bigo Live, Likee, imo, Hago, Shopline); Trump Media operates TRUTH Social and related media products; and Sprout Social provides cloud-based social media management—so investors should weigh user growth, engagement, monetization and risks from ad cycles and regulation.

Strive, JOYY, Trump Media & Technology Group, JOYY, and Sprout Social are the five Social Media stocks to watch today, according to MarketBeat's stock screener tool. Social media stocks are shares of publicly traded companies whose core business is operating social networking or content-sharing platforms and monetizing user engagement through advertising, subscriptions, or data-driven services. For investors, these stocks are valued based on user growth, engagement and monetization metrics and carry risks tied to changing user behavior, competition, advertising cycles, and privacy or regulatory developments. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Strive (ASST)

Asset Entities Inc., a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.

Read Our Latest Research Report on ASST

JOYY (YY)

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores.

Read Our Latest Research Report on YY

Trump Media & Technology Group (DJT)

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Read Our Latest Research Report on DJT

JOYY (JOYY)

JOYY Inc., through its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as live talk with other users, make video calls, and watch trend videos; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls, text messages, and photo and video sharing.

Read Our Latest Research Report on JOYY

Sprout Social (SPT)

Sprout Social, Inc. designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.

Read Our Latest Research Report on SPT

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