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Top Music Stocks Worth Watching - September 21st

Tencent Music Entertainment Group logo with Communication Services background
Image from MarketBeat Media, LLC.

Key Points

  • Seven music-related stocks are highlighted: Tencent Music Entertainment, NetEase, Warner Music Group, Dolby Laboratories, Madison Square Garden Entertainment, Anghami, and Reservoir Media recorded the highest recent dollar trading volume among music stocks.
  • The companies provide varied exposure to the industry, including music streaming, online karaoke, recorded music, publishing, concert entertainment, audio technology, podcasts, and live events across global markets.
  • Investors should consider risks tied to subscription trends, artist royalties, consumer spending, and broader market conditions when evaluating these stocks.
  • Five stocks to consider instead of Tencent Music Entertainment Group.

Tencent Music Entertainment Group, NetEase, Warner Music Group, Dolby Laboratories, Madison Square Garden Entertainment, Anghami, and Reservoir Media are the seven Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are shares of publicly traded companies involved in the music industry, such as record labels, music-streaming services, concert promoters, instrument manufacturers, and audio-technology firms. Investors may buy them to gain exposure to industry growth, though their performance can be affected by subscription trends, artist royalties, consumer spending, and broader market conditions. These companies had the highest dollar trading volume of any Music stocks within the last several days.

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

NetEase (NTES)

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments.

Read Our Latest Research Report on NTES

Warner Music Group (WMG)

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville.

Read Our Latest Research Report on WMG

Dolby Laboratories (DLB)

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices.

Read Our Latest Research Report on DLB

Madison Square Garden Entertainment (MSGE)

Read Our Latest Research Report on MSGE

Anghami (ANGH)

Anghami Inc. operates a digital music entertainment technology platform in the Middle East and North Africa. It offers digital entertainment and online streaming services, including music, podcasts, music videos, and live events; and a music application and platform that provides Arabic and international music to stream and download.

Read Our Latest Research Report on ANGH

Reservoir Media (RSVR)

Reservoir Media, Inc. operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs.

Read Our Latest Research Report on RSVR

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Should You Invest $1,000 in Tencent Music Entertainment Group Right Now?

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