Digital Media Stocks To Consider - July 25th

Key Points

• MarketBeat suggests watching Alibaba Group, Adobe, and Digital Realty Trust as top digital media stocks for growth potential in online content consumption and digital advertising.
• Alibaba Group's stock recently traded at $120.03, with a market capitalization of $286.40 billion and a significant P/E ratio of 16.11.
• Adobe's stock reached $371.50, with a market cap of $157.59 billion and a P/E ratio of 23.77, indicating strong performance in the software sector.
• Digital Realty Trust operates as a REIT in the data center sector, trading at $178.24, with a market cap of $60.03 billion, showing potential growth amidst increasing demand for data solutions.

Alibaba Group, Adobe, and Digital Realty Trust are the three Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are shares of companies that create, distribute or monetize content primarily through digital channels such as streaming services, social-media platforms, online gaming and digital advertising networks. By investing in these equities, shareholders gain exposure to the growth of online content consumption, subscription models and programmatic ad spending. Their market performance is often driven by metrics like user engagement, subscriber growth and technological innovation in media delivery. 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.

NYSE BABA traded down $1.12 on Friday, reaching $120.03. The stock had a trading volume of 3,821,228 shares, compared to its average volume of 22,383,143. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.55 and a current ratio of 1.55. Alibaba Group has a 12-month low of $73.87 and a 12-month high of $148.43. The business's 50-day moving average price is $116.02 and its 200 day moving average price is $116.43. The stock has a market cap of $286.40 billion, a P/E ratio of 16.11, a price-to-earnings-growth ratio of 1.80 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 NASDAQ:ADBE traded down $0.19 during trading on Friday, reaching $371.50. The company had a trading volume of 824,119 shares, compared to its average volume of 3,763,186. The firm has a market capitalization of $157.59 billion, a price-to-earnings ratio of 23.77, a price-to-earnings-growth ratio of 1.77 and a beta of 1.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.99 and a quick ratio of 0.99. The stock's fifty day moving average price is $391.94 and its 200 day moving average price is $401.19. Adobe has a fifty-two week low of $332.01 and a fifty-two week high of $587.75.

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.

DLR stock traded down $1.78 on Friday, reaching $178.24. 1,256,553 shares of the company's stock were exchanged, compared to its average volume of 2,168,350. The stock has a fifty day moving average of $173.46 and a 200-day moving average of $164.04. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.81. The firm has a market cap of $60.03 billion, a PE ratio of 166.58, a P/E/G ratio of 2.70 and a beta of 0.95. Digital Realty Trust has a twelve month low of $129.95 and a twelve month high of $198.00.

Read Our Latest Research Report on DLR