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Best Social Media Stocks To Watch Today - August 31st

Vertiv logo with Computer and Technology background

Key Points

  • Vertiv Holdings Co, along with Shopify and Ambarella, is highlighted as a top social media stock to watch, showing strong trading volume recently.
  • Shopify offers a comprehensive commerce platform that supports various sales channels, empowering merchants to manage their products and customer relationships effectively.
  • Ambarella, Inc. specializes in semiconductor solutions for high-definition video processing and artificial intelligence, underscoring its role in advancing video quality and functionality.
  • MarketBeat previews top five stocks to own in October.

Vertiv, Shopify, and Ambarella are the three 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 online social networking platforms or related digital communities. Their market performance typically hinges on metrics like user growth, engagement levels, advertising revenue, and the monetization of user data. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Read Our Latest Research Report on VRT

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

Read Our Latest Research Report on SHOP

Ambarella (AMBA)

Ambarella, Inc. develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.

Read Our Latest Research Report on AMBA

Recommended Stories

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Should You Invest $1,000 in Vertiv Right Now?

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