Promising Streaming Stocks To Follow Now - October 20th

Key Points

• Spotify Technology, Roku, Confluent, Franco-Nevada, and NetEase are highlighted as the top streaming stocks to watch based on recent trading volumes and investor interest.
• Metrics like subscriber growth and engagement are crucial for investors in streaming stocks, influencing revenue and profitability heavily.
• Franco-Nevada operates as a gold-focused royalty and streaming company, diversifying its portfolio with precious metals and oil through various segments.

Spotify Technology, Roku, Confluent, Franco-Nevada, and NetEase are the five Streaming stocks to watch today, according to MarketBeat's stock screener tool. Streaming stocks are shares of companies whose primary business is delivering digital content (video, music, live events or games) over the internet. Investors in these stocks focus on subscriber growth, engagement, churn, and monetization (subscriptions, advertising or hybrid models) because those metrics drive revenue and profitability. 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

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

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

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