Digital Media Stocks To Add to Your Watchlist - July 30th

Key Points

• MarketBeat highlights five key Digital Media stocks to watch, including Alibaba Group, Adobe, and Sunrun, based on high trading volumes.
• Alibaba Group has a market cap of $282.72 billion and has exhibited a trading range with a 12-month low of $73.87 and a high of $148.43.
• Adobe currently trades at $370.33 and has a market capitalization of $157.09 billion, reflecting its role as a significant player in the software industry focused on digital media solutions.

Alibaba Group, Adobe, Digital Realty Trust, Rocket Companies, and Sunrun are the five Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are shares of companies that produce, distribute, or monetize digital content—ranging from streaming services and social networks to online publishers and gaming platforms. These firms generate revenue through digital advertising, subscription fees, and in-app or in-game purchases, offering investors exposure to the rapidly expanding online entertainment and information economy. 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.

Alibaba Group stock traded down $0.84 during midday trading on Wednesday, reaching $118.52. The stock had a trading volume of 5,291,544 shares, compared to its average volume of 22,145,549. The company has a market capitalization of $282.72 billion, a P/E ratio of 15.90, a PEG ratio of 1.80 and a beta of 0.21. The company has a current ratio of 1.55, a quick 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 fifty day moving average price of $115.82 and a two-hundred day moving average price of $117.44.

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.

ADBE stock traded down $0.37 during mid-day trading on Wednesday, reaching $370.33. 1,013,903 shares of the company traded hands, compared to its average volume of 3,750,117. The stock has a market cap of $157.09 billion, a price-to-earnings ratio of 23.69, a P/E/G ratio of 1.75 and a beta of 1.51. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.54. Adobe has a fifty-two week low of $332.01 and a fifty-two week high of $587.75. The firm's 50 day moving average price is $389.05 and its 200 day moving average price is $400.11.

Read Our Latest Research Report on ADBE

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 NYSE DLR traded up $0.36 during midday trading on Wednesday, reaching $178.66. The company's stock had a trading volume of 427,715 shares, compared to its average volume of 2,156,673. Digital Realty Trust has a 12-month low of $129.95 and a 12-month high of $198.00. The firm has a 50 day moving average price of $173.89 and a 200-day moving average price of $163.91. The stock has a market capitalization of $60.17 billion, a P/E ratio of 46.92, a PEG ratio of 3.26 and a beta of 0.95. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.22 and a quick ratio of 1.92.

Read Our Latest Research Report on DLR

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.

Shares of NYSE RKT traded down $0.11 during midday trading on Wednesday, reaching $15.10. The company's stock had a trading volume of 4,120,459 shares, compared to its average volume of 11,460,259. Rocket Companies has a 12-month low of $10.06 and a 12-month high of $21.38. The firm has a 50 day moving average price of $13.81 and a 200-day moving average price of $13.24. The stock has a market capitalization of $30.19 billion, a P/E ratio of -503.17 and a beta of 2.28. The company has a debt-to-equity ratio of 1.37, a current ratio of 12.62 and a quick ratio of 12.62.

Read Our Latest Research Report on RKT

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.

Sunrun stock traded down $0.45 during trading on Wednesday, hitting $10.31. The stock had a trading volume of 4,547,864 shares, compared to its average volume of 16,833,313. The stock's 50 day moving average is $8.83 and its two-hundred day moving average is $8.22. The company has a quick ratio of 0.99, a current ratio of 1.32 and a debt-to-equity ratio of 3.89. Sunrun has a 1 year low of $5.38 and a 1 year high of $22.26. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of -0.85 and a beta of 2.60.

Read Our Latest Research Report on RUN

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