Free Trial

Top Social Media Stocks To Keep An Eye On - December 12th

Strive logo with Business Services background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat’s screener identified the three social-media names with the highest dollar trading volume in recent days: Strive (ASST), Trump Media & Technology Group (DJT), and JOYY (YY).
  • Asset Entities (Strive) offers social marketing and Discord/TikTok content services; Trump Media operates TRUTH Social, TMTG+ and TMTG News; and JOYY runs Bigo Live, Likee, imo, Hago and Shopline.
  • These stocks are typically evaluated on user growth, engagement and ad revenue, but carry risks from regulatory scrutiny, shifting user preferences and platform monetization challenges.
  • MarketBeat previews the top five stocks to own by May 1st.

Strive, Trump Media & Technology Group, and JOYY 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 whose primary business is operating social networking or content-sharing platforms and monetizing user attention through advertising, subscriptions, or commerce. For investors, these stocks are evaluated based on metrics like user growth, engagement, ad revenue per user, and network effects, while carrying risks from regulatory scrutiny, changing user preferences, and platform monetization challenges. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Strive (ASST)

Asset Entities Inc., a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.

Read Our Latest Research Report on ASST

Trump Media & Technology Group (DJT)

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Read Our Latest Research Report on DJT

JOYY (YY)

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores.

Read Our Latest Research Report on YY

Featured Articles

Should You Invest $1,000 in Strive Right Now?

Before you consider Strive, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Strive wasn't on the list.

While Strive currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Click the link to see MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines