Top Digital Media Stocks To Follow Now - September 15th

Key Points

• Alibaba Group, Adobe, and Rocket Companies are highlighted as the top digital media stocks to follow, showcasing significant trading volume and potential growth in the digital media sector.
• Alibaba is leveraging new AI chip designs, resulting in its stock rallying and negatively impacting NVIDIA's stock performance.
• Adobe's Digital Media segment is expected to facilitate content creation and publishing, indicating a strong outlook with a potential 25% upside by year-end.

Alibaba Group, Adobe, and Rocket Companies 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 that create, distribute or monetize content and services over digital channels—such as video‐streaming platforms, social networks, online gaming, and digital advertising networks. By investing in these equities, shareholders gain exposure to the growth of internet‐based media, e-commerce and mobile apps. Because the sector is driven by rapidly evolving technology and shifting consumer preferences, digital media stocks often exhibit higher volatility than more traditional media or technology equities. 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.

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.

Read Our Latest Research Report on ADBE

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

Read Our Latest Research Report on RKT

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