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Top Social Media Stocks To Research - September 30th

Trump Media & Technology Group logo with Computer and Technology background

Key Points

  • Trump Media & Technology Group operates various social media platforms and was founded on March 28, 2024, in Sarasota, FL.
  • Strive provides social media marketing and content delivery services, focusing on platforms like Discord and TikTok.
  • JOYY operates multiple video-based social platforms, including Bigo Live and Likee, offering users various interactive experiences.
  • Five stocks to consider instead of Trump Media & Technology Group.

Trump Media & Technology Group, Strive, Sprout Social, JOYY, and JOYY are the five Social Media stocks to watch today, according to MarketBeat's stock screener tool. Social media stocks are shares of publicly traded companies whose core business is running online social networking or content-sharing platforms—think Meta Platforms (Facebook), Snap Inc., Pinterest and the like. Investors in these stocks focus on user-growth metrics, engagement rates and digital advertising revenues as primary drivers of valuation. Because social media firms benefit from network effects but face regulatory and trend risks, their shares can offer high growth potential alongside heightened volatility. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

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

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

Sprout Social (SPT)

Sprout Social, Inc. designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.

Read Our Latest Research Report on SPT

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

JOYY (JOYY)

JOYY Inc., through its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as live talk with other users, make video calls, and watch trend videos; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls, text messages, and photo and video sharing.

Read Our Latest Research Report on JOYY

Further Reading

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