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Promising Streaming Stocks To Follow Now - May 8th

Spotify Technology logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat identifies Spotify Technology, Roku, and Logitech International as the top streaming stocks to watch based on recent dollar trading volume.
  • Spotify stands out as a major audio streaming platform, with both premium subscriptions and ad-supported services driving its business.
  • Roku and Logitech are tied to the streaming ecosystem in different ways: Roku through TV streaming and digital ads, and Logitech through hardware products used by streamers and gamers.
  • Five stocks to consider instead of Spotify Technology.

Spotify Technology, Roku, and Logitech International are the three Streaming stocks to watch today, according to MarketBeat's stock screener tool. “Streaming stocks” refers to stocks or market data that are delivered in real time through a live feed, allowing investors to see price changes, trades, and market activity as they happen. For stock market investors, streaming stocks usually means having instant access to continuously updated quotes and charts so they can react quickly to market movements. 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

Logitech International (LOGI)

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.

Read Our Latest Research Report on LOGI

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Spotify Technology Right Now?

Before you consider Spotify Technology, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spotify Technology wasn't on the list.

While Spotify Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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