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Top Music Stocks To Research - September 6th

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Key Points

  • Apple, Amazon.com, and Alibaba Group are highlighted as key music stocks to monitor, with their core businesses connected to the music industry's revenue streams, including streaming subscriptions and live events.
  • The performance of these music stocks is influenced by industry trends, consumer demand, and technological advancements in how music is consumed.
  • These companies had the highest dollar trading volume among music stocks in recent days, indicating strong investor interest and market activity.
  • Five stocks to consider instead of Apple.

Apple, Amazon.com, and Alibaba Group are the three Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are shares of publicly traded companies whose core business involves creating, distributing or monetizing music—this includes record labels, streaming platforms, concert promoters and related media or equipment manufacturers. By buying music stocks, investors gain exposure to revenue streams from album sales, streaming subscriptions, licensing fees and live events. Like all equities, their performance depends on industry trends, consumer demand and technological shifts in how people enjoy music. These companies had the highest dollar trading volume of any Music stocks within the last several days.

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

Read Our Latest Research Report on AAPL

Amazon.com (AMZN)

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

Read Our Latest Research Report on AMZN

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

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