Promising Streaming Stocks To Consider - October 3rd

Key Points

• MarketBeat recommends seven streaming stocks to watch, including Spotify Technology, Roku, and Tencent Music Entertainment Group, based on their high trading volumes and subscriber growth metrics.
• Spotify operates through Premium and Ad-Supported segments, offering ad-free music streaming and podcasts to subscribers, while Roku provides a platform for accessing various digital content including TV shows and movies.
• Other notable companies on the list are Rumble, a video sharing platform, and Franco-Nevada, a gold-focused royalty and streaming company, highlighting diverse opportunities in the streaming sector.

Spotify Technology, Roku, Rumble, Franco-Nevada, Confluent, Tencent Music Entertainment Group, and fuboTV are the seven Streaming stocks to watch today, according to MarketBeat's stock screener tool. Streaming stocks are shares of publicly traded companies whose primary business is delivering digital content—such as video, music or live broadcasts—over the internet on a subscription, advertising or pay-per-view basis. Investors in these stocks typically monitor subscriber growth and retention, average revenue per user and content-licensing costs to gauge market share, profitability and future cash-flow potential. 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

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

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

Confluent (CFLT)

Confluent, Inc. operates a data streaming platform in the United States and internationally. The company provides platforms that allow customers to connect their applications, systems, and data layers, such as Confluent Cloud, a managed cloud-native software-as-a-service; and Confluent Platform, an enterprise-grade self-managed software.

Read Our Latest Research Report on CFLT

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

fuboTV (FUBO)

Read Our Latest Research Report on FUBO

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