Top Digital Media Stocks To Consider - May 7th

Alibaba Group, Adobe, and Digital Realty Trust are the three Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are publicly traded shares of companies that create, distribute or monetize content and services via digital channels—such as social media networks, online video platforms, digital advertising networks, and e-publishing sites. They represent investor claims on firms whose revenues depend on online engagement metrics, ad impressions, subscription fees or digital sales. Performance in this sector is driven by trends in internet usage, user-data monetization and shifts in how consumers access and pay for digital content. 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.

Alibaba Group stock traded down $3.84 during mid-day trading on Wednesday, reaching $123.82. 7,536,361 shares of the stock traded hands, compared to its average volume of 20,529,091. The stock has a market capitalization of $295.67 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 0.61 and a beta of 0.24. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 1.48. The business's 50-day moving average is $124.73 and its 200-day moving average is $105.69. Alibaba Group has a 12-month low of $71.80 and a 12-month high of $148.43.

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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 NASDAQ ADBE traded up $1.33 during midday trading on Wednesday, hitting $384.31. 615,736 shares of the company's stock traded hands, compared to its average volume of 3,424,573. The firm has a fifty day moving average of $383.13 and a 200 day moving average of $439.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $163.79 billion, a price-to-earnings ratio of 30.99, a price-to-earnings-growth ratio of 2.15 and a beta of 1.55. Adobe has a 1 year low of $332.01 and a 1 year high of $587.75.

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Digital Realty Trust (DLR)

Digital Realty Trust, Inc. operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.

Shares of Digital Realty Trust stock traded up $1.01 on Wednesday, hitting $167.64. 391,943 shares of the company's stock were exchanged, compared to its average volume of 2,443,278. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The stock has a market capitalization of $56.45 billion, a PE ratio of 103.48, a PEG ratio of 4.38 and a beta of 0.93. Digital Realty Trust has a 1 year low of $129.95 and a 1 year high of $198.00. The company has a 50-day simple moving average of $150.12 and a 200-day simple moving average of $167.71.

Read Our Latest Research Report on DLR