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Top Entertainment Stocks To Watch Now - August 23rd

Alibaba Group logo with Retail/Wholesale background

Key Points

  • Alibaba Group, Target, and Zoom Communications are highlighted as top entertainment stocks to watch, driven by high trading volumes and market interest.
  • Alibaba Group operates in various sectors including digital media and entertainment, providing infrastructure to help businesses engage with customers in China and globally.
  • Zoom Communications offers a comprehensive unified communications platform that facilitates video conferencing, cloud phone systems, and chat functionalities across multiple devices.
  • Want stock alerts on Alibaba Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Alibaba Group, Target, and Zoom Communications are the three Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are the publicly traded shares of companies whose core businesses involve creating, distributing, and monetizing content for mass audiences—such as film and television studios, streaming platforms, music labels, video‐game makers, and theme‐park operators. These equities give investors exposure to revenue streams from box‐office sales, subscription fees, advertising, licensing rights, and related consumer‐entertainment services, making their performance sensitive to audience trends, technological shifts, and broader economic conditions. These companies had the highest dollar trading volume of any Entertainment 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

Target (TGT)

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.

Read Our Latest Research Report on TGT

Zoom Communications (ZM)

Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.

Read Our Latest Research Report on ZM

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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