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Promising Streaming Stocks To Keep An Eye On - September 20th

Spotify Technology logo with Communication Services background
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Key Points

  • Five high-volume streaming-related stocks to watch are Spotify Technology, Roku, Franco-Nevada, Tencent Music Entertainment Group, and Rumble, according to MarketBeat’s stock screener.
  • The companies span digital audio, video, livestreaming, online karaoke, and advertising-supported platforms, with performance influenced by subscriber growth, advertising revenue, content costs, competition, and consumer viewing habits.
  • Franco-Nevada is distinct from the other names: it is a gold-focused royalty and streaming company with additional exposure to energy assets, while the others primarily operate consumer digital-media platforms.
  • MarketBeat previews top five stocks to own in October.

Spotify Technology, Roku, Franco-Nevada, Tencent Music Entertainment Group, and Rumble are the five Streaming stocks to watch today, according to MarketBeat's stock screener tool. Streaming stocks are shares of publicly traded companies that provide or support digital streaming services, such as video, music, or live-content platforms. Their performance is often influenced by subscriber growth, content costs, advertising revenue, competition, and changes in consumer viewing habits. These companies had the highest dollar trading volume of any Streaming stocks within the last several days.

Spotify Technology (SPOT)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

Read Our Latest Research Report on SPOT

Roku (ROKU)

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.

Read Our Latest Research Report on ROKU

Franco-Nevada (FNV)

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.

Read Our Latest Research Report on FNV

Tencent Music Entertainment Group (TME)

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.

Read Our Latest Research Report on TME

Rumble (RUM)

Rumble Inc. operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.

Read Our Latest Research Report on RUM

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