Entertainment Stocks Worth Watching - August 22nd

Key Points

• Alibaba Group, Target, and Zoom Communications are highlighted as the top entertainment stocks to monitor, reporting the highest dollar trading volume in recent days.
• Alibaba operates a variety of segments including Digital Media and Entertainment, providing technology infrastructure across China and internationally.
• Target Corporation functions as a general merchandise retailer, offering a wide range of products from apparel to personal care items in the U.S. market.

Alibaba Group, Target, and Zoom Communications are the three Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are shares of publicly traded companies that create, produce, distribute or monetize entertainment content—such as film studios, television networks, music labels, video game developers and streaming platforms. Investors buy these stocks to gain exposure to consumer discretionary spending on media and leisure, with returns influenced by factors like box office performance, advertising revenue, subscriber growth and content popularity. These companies had the highest dollar trading volume of any Entertainment 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.

Read Our Latest Research Report on BABA

Target (TGT)

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.

Read Our Latest Research Report on TGT

Zoom Communications (ZM)

Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.

Read Our Latest Research Report on ZM

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