Top Social Media Stocks To Consider - June 24th

Shopify, Vertiv, and HubSpot are the three Social Media stocks to watch today, according to MarketBeat's stock screener tool. Social media stocks are shares of publicly traded companies that own and operate online platforms for social networking, content sharing and community engagement. Investors buy these stocks to gain exposure to revenue streams such as digital advertising, user subscriptions and data-driven services. Their performance is typically driven by metrics like user growth, engagement levels and evolving privacy or regulatory developments. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

Shares of SHOP stock traded up $4.62 during trading on Tuesday, reaching $114.60. The company's stock had a trading volume of 5,242,174 shares, compared to its average volume of 9,289,216. The business has a fifty day moving average price of $101.28 and a 200-day moving average price of $104.69. The company has a market cap of $148.68 billion, a price-to-earnings ratio of 73.94, a price-to-earnings-growth ratio of 4.82 and a beta of 2.63. Shopify has a one year low of $48.56 and a one year high of $129.38.

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Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Shares of NYSE:VRT traded up $5.45 during midday trading on Tuesday, hitting $121.99. The stock had a trading volume of 3,771,481 shares, compared to its average volume of 8,628,877. Vertiv has a 12 month low of $53.60 and a 12 month high of $155.84. The company has a quick ratio of 1.28, a current ratio of 1.72 and a debt-to-equity ratio of 1.09. The company has a market cap of $46.49 billion, a P/E ratio of 70.92, a PEG ratio of 1.19 and a beta of 1.73. The business's 50-day simple moving average is $100.30 and its 200-day simple moving average is $103.15.

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HubSpot (HUBS)

HubSpot, Inc., together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.

Shares of NYSE HUBS traded up $18.09 during trading hours on Tuesday, reaching $554.60. 407,431 shares of the stock were exchanged, compared to its average volume of 622,130. HubSpot has a 52 week low of $434.84 and a 52 week high of $881.13. The stock's fifty day simple moving average is $598.70 and its 200 day simple moving average is $653.99. The firm has a market capitalization of $29.25 billion, a price-to-earnings ratio of -1,232.44, a P/E/G ratio of 19.43 and a beta of 1.70.

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