Digital Media Stocks To Add to Your Watchlist – April 24th

Alibaba Group, Adobe, Digital Realty Trust, Rocket Companies, Sunrun, BCE, and Nexstar Media Group are the seven Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are shares of publicly traded companies whose core business involves creating, distributing, or monetizing content and services delivered via digital channels—such as streaming platforms, online advertising networks, social media services, and interactive entertainment. Because their revenues depend heavily on user engagement, advertising spend, subscription growth, and technological trends, these stocks often exhibit higher growth potential but also greater volatility compared with traditional media or utility sectors. These companies had the highest dollar trading volume of any Digital Media 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.

BABA traded down $0.41 during midday trading on Thursday, hitting $118.56. The company’s stock had a trading volume of 4,551,226 shares, compared to its average volume of 20,677,346. Alibaba Group has a 52-week low of $71.80 and a 52-week high of $148.43. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $126.71 and a two-hundred day moving average price of $104.76. The firm has a market cap of $283.33 billion, a P/E ratio of 17.13, a PEG ratio of 0.61 and a beta of 0.24.

Adobe (ADBE)

Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.

Shares of Adobe stock traded up $7.07 during trading hours on Thursday, reaching $359.03. The stock had a trading volume of 1,055,099 shares, compared to its average volume of 3,417,383. The firm has a market capitalization of $153.02 billion, a price-to-earnings ratio of 28.92, a P/E/G ratio of 2.15 and a beta of 1.49. Adobe has a 1 year low of $332.01 and a 1 year high of $587.75. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.29. The firm has a 50 day simple moving average of $396.80 and a two-hundred day simple moving average of $447.18.

Digital Realty Trust (DLR)

Digital Realty Trust, Inc. operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.

Shares of NYSE:DLR traded up $2.88 during midday trading on Thursday, hitting $154.47. 545,202 shares of the company’s stock traded hands, compared to its average volume of 2,035,203. Digital Realty Trust has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a market cap of $52.02 billion, a PE ratio of 95.26, a P/E/G ratio of 4.38 and a beta of 0.92. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.61 and a current ratio of 2.07. The firm’s fifty day moving average price is $150.42 and its two-hundred day moving average price is $167.61.

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company’s solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

Rocket Companies stock traded up $0.62 during midday trading on Thursday, hitting $12.72. 2,491,405 shares of the company were exchanged, compared to its average volume of 4,659,110. The company has a market cap of $25.38 billion, a PE ratio of -78.92 and a beta of 2.35. The company’s fifty day moving average price is $13.44 and its 200-day moving average price is $13.58. Rocket Companies has a fifty-two week low of $10.06 and a fifty-two week high of $21.38. The company has a debt-to-equity ratio of 1.51, a current ratio of 15.47 and a quick ratio of 15.47.

Sunrun (RUN)

Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.

RUN stock traded up $0.43 during trading on Thursday, reaching $7.09. The stock had a trading volume of 3,951,211 shares, compared to its average volume of 10,701,528. Sunrun has a 1-year low of $5.45 and a 1-year high of $22.26. The company has a market capitalization of $1.60 billion, a P/E ratio of -3.87 and a beta of 2.74. The company has a current ratio of 1.47, a quick ratio of 1.15 and a debt-to-equity ratio of 1.92. The firm has a fifty day moving average price of $6.90 and a 200 day moving average price of $9.69.

BCE (BCE)

BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.

BCE stock traded down $0.20 during midday trading on Thursday, hitting $22.03. 613,831 shares of the company’s stock were exchanged, compared to its average volume of 2,790,003. The stock has a market capitalization of $20.30 billion, a price-to-earnings ratio of 183.54, a price-to-earnings-growth ratio of 4.13 and a beta of 0.56. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 2.26. The firm has a 50 day moving average price of $22.89 and a 200-day moving average price of $25.32. BCE has a 12-month low of $20.28 and a 12-month high of $36.17.

Nexstar Media Group (NXST)

Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services.

Shares of NXST traded down $0.25 during midday trading on Thursday, hitting $149.72. The company had a trading volume of 43,558 shares, compared to its average volume of 371,722. The stock has a market cap of $4.57 billion, a price-to-earnings ratio of 8.66, a PEG ratio of 0.45 and a beta of 1.09. The company’s 50 day moving average price is $163.28 and its 200 day moving average price is $163.37. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 2.98. Nexstar Media Group has a 52 week low of $143.32 and a 52 week high of $191.86.