Digital Media Stocks To Consider - July 10th

Alibaba Group, Adobe, Rocket Companies, Sunrun, and Digital Realty Trust are the five Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are shares of companies whose core business involves creating, distributing or monetizing content through digital channels such as streaming platforms, social networks, online advertising networks and interactive apps. Investors buy these equities to gain exposure to the growth of internet‐based entertainment, marketing and communications. Their performance often reflects trends in user engagement, ad spending and technological innovation in the media landscape. 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 NYSE:BABA traded up $2.10 during midday trading on Thursday, hitting $105.93. The company had a trading volume of 7,118,005 shares, compared to its average volume of 19,974,514. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.55 and a quick ratio of 1.55. The company has a market cap of $252.78 billion, a price-to-earnings ratio of 14.21, a PEG ratio of 0.47 and a beta of 0.22. The company has a fifty day moving average of $118.42 and a two-hundred day moving average of $114.09. Alibaba Group has a 12-month low of $73.87 and a 12-month high of $148.43.

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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 Adobe stock traded down $1.86 on Thursday, hitting $371.53. 1,555,825 shares of the company traded hands, compared to its average volume of 3,439,174. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The company has a market cap of $157.60 billion, a PE ratio of 23.76, a PEG ratio of 1.81 and a beta of 1.51. The stock's 50 day moving average price is $396.44 and its 200-day moving average price is $406.94. Adobe has a 52 week low of $332.01 and a 52 week high of $587.75.

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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 RKT traded down $0.29 during midday trading on Thursday, reaching $13.66. The company had a trading volume of 7,882,932 shares, compared to its average volume of 6,945,459. The company has a quick ratio of 12.62, a current ratio of 12.62 and a debt-to-equity ratio of 1.37. The stock has a market cap of $27.32 billion, a PE ratio of -455.17 and a beta of 2.28. The firm has a 50 day simple moving average of $13.19 and a 200-day simple moving average of $12.87. Rocket Companies has a 1-year low of $10.06 and a 1-year high of $21.38.

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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.

NASDAQ:RUN traded up $0.47 during midday trading on Thursday, reaching $10.98. The stock had a trading volume of 7,879,114 shares, compared to its average volume of 13,535,398. The firm has a fifty day simple moving average of $8.59 and a two-hundred day simple moving average of $8.21. 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 stock has a market cap of $2.51 billion, a P/E ratio of -0.91 and a beta of 2.60. Sunrun has a 12-month low of $5.38 and a 12-month high of $22.26.

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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 down $0.73 during midday trading on Thursday, hitting $170.45. 413,419 shares of the company's stock traded hands, compared to its average volume of 2,012,614. The firm's fifty day moving average price is $171.49 and its two-hundred day moving average price is $164.32. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.92 and a current ratio of 1.92. Digital Realty Trust has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a market cap of $57.41 billion, a PE ratio of 159.32, a P/E/G ratio of 2.60 and a beta of 0.95.

Read Our Latest Research Report on DLR