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Streaming Stocks To Add to Your Watchlist - October 6th

Spotify Technology logo with Computer and Technology background

Key Points

  • Three key streaming stocks to consider are Spotify Technology, Roku, and Franco-Nevada, which have shown significant dollar trading volume recently.
  • Spotify offers both Premium subscription services and ad-supported options for music and podcasts, aiming to leverage recurring revenue from subscribers.
  • Roku operates a TV streaming platform that encompasses digital advertising and subscription services for accessing a variety of TV content, enhancing its revenue streams.
  • MarketBeat previews the top five stocks to own by November 1st.

Spotify Technology, Roku, and Franco-Nevada are the three Streaming stocks to watch today, according to MarketBeat's stock screener tool. Streaming stocks are shares of companies whose primary business model is delivering digital content—such as video, music or games—directly to consumers over the internet via subscription-based or ad-supported platforms. Investors buy these stocks to gain exposure to the fast-growing online media market and its recurring revenue streams. 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

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

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