Top Digital Media Stocks To Add to Your Watchlist - August 15th

Key Points

• Alibaba Group, Adobe, and Sunrun are highlighted as top digital media stocks to monitor, reflecting significant trading volumes and potential growth in digital content and services.
• Alibaba's stock price recently decreased to $121.08, with significant market metrics including a market cap of $288.76 billion and a 12-month low of $79.21.
• Adobe's stock reached $356.06, benefiting from its diversified software offerings and a strong market presence, while Sunrun’s shares climbed to $11.56 amid growing interest in residential solar energy systems.

Alibaba Group, Adobe, and Sunrun are the three Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are shares of publicly traded companies whose primary businesses involve creating, distributing, or monetizing digital content—such as streaming services, social networks, online publishers, and digital advertising platforms. Investors buy these stocks to gain exposure to the growth potential of internet-based entertainment, marketing, and information services. These companies had the highest dollar trading volume of any Digital Media stocks within the last several days.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Shares of Alibaba Group stock traded down $1.20 during mid-day trading on Friday, hitting $121.08. The stock had a trading volume of 5,958,896 shares, compared to its average volume of 21,351,008. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. The firm has a market cap of $288.76 billion, a P/E ratio of 16.25, a price-to-earnings-growth ratio of 1.87 and a beta of 0.17. The firm has a 50-day moving average of $116.20 and a two-hundred day moving average of $120.13. Alibaba Group has a 12-month low of $79.21 and a 12-month high of $148.43.

Read Our Latest Research Report on BABA

Adobe (ADBE)

Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.

Shares of Adobe stock traded up $7.48 during trading on Friday, hitting $356.06. 1,481,945 shares of the stock were exchanged, compared to its average volume of 3,785,537. The firm's 50-day moving average price is $373.08 and its 200 day moving average price is $393.45. Adobe has a 12-month low of $330.04 and a 12-month high of $587.75. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market cap of $151.04 billion, a price-to-earnings ratio of 22.78, a price-to-earnings-growth ratio of 1.66 and a beta of 1.51.

Read Our Latest Research Report on ADBE

Sunrun (RUN)

Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.

Shares of Sunrun stock traded up $1.08 on Friday, reaching $11.56. 10,218,146 shares of the stock were exchanged, compared to its average volume of 16,707,291. Sunrun has a 1-year low of $5.38 and a 1-year high of $22.26. The firm has a market capitalization of $2.67 billion, a PE ratio of -0.98 and a beta of 2.37. The company has a current ratio of 1.41, a quick ratio of 1.02 and a debt-to-equity ratio of 3.70. The business has a fifty day moving average price of $9.52 and a two-hundred day moving average price of $8.33.

Read Our Latest Research Report on RUN

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