Best Streaming Stocks To Consider - May 6th

Key Points

• MarketBeat’s stock screener flagged Spotify (SPOT), Logitech (LOGI) and Roku (ROKU) as the three top "streaming stocks" by recent dollar trading volume, noting the term can mean either mining/royalty streamers or digital media streaming companies.
• Spotify faces headwinds as growth and ad revenue have disappointed, highlighting advertising weakness as a key near-term risk for the stock.
• Logitech is positioned as a hardware supplier to gamers and creators with streaming-focused products, while Roku earns revenue from its platform via digital advertising, subscription/transaction shares and device distribution.

Spotify Technology, Logitech International, and Roku are the three Streaming stocks to watch today, according to MarketBeat's stock screener tool. "Streaming stocks" most commonly refers to shares of companies that fund mining or resource projects in exchange for the right to buy a portion of future production at a fixed or discounted price (so-called streaming or royalty companies). Investors buy these stocks to gain leveraged, lower-capital-expenditure exposure to commodity prices with often steady cash flows and less operational risk than miners. Less commonly, the term is used informally to mean stocks of digital media streaming companies (e.g., Netflix, Spotify). These companies had the highest dollar trading volume of any Streaming stocks within the last several days.

Spotify Technology (SPOT)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

Read Our Latest Research Report on SPOT

Logitech International (LOGI)

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.

Read Our Latest Research Report on LOGI

Roku (ROKU)

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.

Read Our Latest Research Report on ROKU

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