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Streaming Stocks To Follow Now - October 19th

Spotify Technology logo with Computer and Technology background

Key Points

  • Spotify Technology, Franco-Nevada, Roku, NetEase, Confluent, Tencent Music Entertainment Group, and fuboTV are the seven streaming stocks highlighted for potential growth, driven by subscriber engagement and advertising economics.
  • Franco-Nevada specializes in gold-focused royalty and streaming services, managing a diverse portfolio with a focus on precious metals and energy resources.
  • Roku operates a comprehensive TV streaming platform that integrates digital advertising and subscription services, catering to user demands for access to various entertainment options.
  • MarketBeat previews the top five stocks to own by November 1st.

Spotify Technology, Franco-Nevada, Roku, NetEase, Confluent, Tencent Music Entertainment Group, and fuboTV are the seven Streaming stocks to watch today, according to MarketBeat's stock screener tool. "Streaming stocks" commonly refers to shares of companies that operate digital streaming services (video, music, gaming) or provide the platforms and infrastructure for them; their performance is driven by subscriber growth, engagement, advertising and licensing economics. The term can also refer to stocks of "streaming" or royalty companies in mining and resources that purchase future production rights for upfront payments, with value tied to commodity prices and contract terms. 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

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

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

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

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

See Also

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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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