Digital Media Stocks To Add to Your Watchlist - July 22nd

Alibaba Group, Adobe, Rocket Companies, Digital Realty Trust, Sunrun, Magnite, and BCE are the seven Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are shares of publicly traded companies whose core business involves creating, distributing or monetizing digital content and services—such as streaming platforms, social networks, online publishers and gaming firms. Investors in these stocks seek exposure to growth in digital advertising, subscription models and shifting consumer habits toward online media consumption. These companies had the highest dollar trading volume of any Digital Media stocks within the last several days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Shares of Alibaba Group stock traded up $0.77 on Tuesday, hitting $121.04. 5,954,353 shares of the company traded hands, compared to its average volume of 20,153,034. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. Alibaba Group has a 12-month low of $73.87 and a 12-month high of $148.43. The company has a 50-day moving average price of $116.76 and a 200 day moving average price of $115.86. The company has a market cap of $288.80 billion, a PE ratio of 16.31, a PEG ratio of 1.77 and a beta of 0.21.

Read Our Latest Research Report on BABA

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.

Shares of ADBE traded up $3.48 during trading hours on Tuesday, reaching $371.16. 1,037,144 shares of the company traded hands, compared to its average volume of 3,465,388. The stock has a market cap of $157.45 billion, a P/E ratio of 23.78, a price-to-earnings-growth ratio of 1.73 and a beta of 1.51. The stock's fifty day moving average is $394.20 and its 200 day moving average is $402.45. Adobe has a 1-year low of $332.01 and a 1-year high of $587.75. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 0.99.

Read Our Latest Research Report on ADBE

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

NYSE RKT traded up $0.71 during trading hours on Tuesday, hitting $15.75. The company's stock had a trading volume of 20,092,107 shares, compared to its average volume of 7,411,694. The stock has a fifty day moving average of $13.44 and a 200 day moving average of $13.02. The company has a quick ratio of 12.62, a current ratio of 12.62 and a debt-to-equity ratio of 1.37. Rocket Companies has a twelve month low of $10.06 and a twelve month high of $21.38. The firm has a market capitalization of $31.50 billion, a P/E ratio of -526.83 and a beta of 2.28.

Read Our Latest Research Report on RKT

Digital Realty Trust (DLR)

Digital Realty Trust, Inc. operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.

Shares of DLR traded up $0.33 during midday trading on Tuesday, reaching $177.44. The stock had a trading volume of 512,383 shares, compared to its average volume of 2,014,602. The firm has a 50 day simple moving average of $172.44 and a 200-day simple moving average of $163.85. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.81. The firm has a market cap of $59.76 billion, a PE ratio of 165.90, a P/E/G ratio of 2.68 and a beta of 0.95. Digital Realty Trust has a one year low of $129.95 and a one year high of $198.00.

Read Our Latest Research Report on DLR

Sunrun (RUN)

Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.

Shares of NASDAQ:RUN traded up $0.52 during midday trading on Tuesday, hitting $10.98. The stock had a trading volume of 6,834,327 shares, compared to its average volume of 13,438,493. Sunrun has a fifty-two week low of $5.38 and a fifty-two week high of $22.26. The company has a quick ratio of 0.99, a current ratio of 1.32 and a debt-to-equity ratio of 3.89. The company has a market capitalization of $2.51 billion, a P/E ratio of -0.92 and a beta of 2.60. The company's 50-day moving average price is $8.97 and its 200-day moving average price is $8.22.

Read Our Latest Research Report on RUN

Magnite (MGNI)

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers.

NASDAQ MGNI traded down $0.84 on Tuesday, hitting $23.59. 1,931,371 shares of the company were exchanged, compared to its average volume of 2,272,124. The stock has a fifty day moving average of $19.30 and a 200-day moving average of $16.12. The company has a market cap of $3.33 billion, a PE ratio of 118.43, a PEG ratio of 2.00 and a beta of 2.96. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.47. Magnite has a 12 month low of $8.22 and a 12 month high of $25.27.

Read Our Latest Research Report on MGNI

BCE (BCE)

BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.

BCE traded up $0.42 during trading on Tuesday, hitting $24.39. 876,031 shares of the company traded hands, compared to its average volume of 3,116,636. The firm has a market cap of $22.74 billion, a P/E ratio of 93.71, a price-to-earnings-growth ratio of 3.89 and a beta of 0.61. The stock's fifty day moving average is $22.36 and its 200 day moving average is $22.74. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 2.40. BCE has a one year low of $20.28 and a one year high of $36.17.

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