Top Streaming Stocks To Add to Your Watchlist – May 11th

NVIDIA, Trade Desk, AppLovin, Walt Disney, and Spotify Technology are the five Streaming stocks to watch today, according to MarketBeat’s stock screener tool. Streaming stocks are shares of publicly traded companies whose core business is the delivery of audio, video or live content over the internet in real time or on demand. These firms—examples include Netflix, Spotify and Disney+—generate revenue through subscription fees, advertising or pay-per-view models, capitalizing on the shift from traditional broadcast to online streaming. These companies had the highest dollar trading volume of any Streaming stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

NASDAQ:NVDA traded down $0.72 on Friday, reaching $116.65. 132,620,250 shares of the company’s stock were exchanged, compared to its average volume of 296,326,827. NVIDIA has a 52-week low of $86.62 and a 52-week high of $195.95. The business has a fifty day moving average of $110.29 and a 200-day moving average of $127.28. The firm has a market capitalization of $2.85 trillion, a price-to-earnings ratio of 45.91, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.

Trade Desk (TTD)

The Trade Desk, Inc. operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.

Shares of NASDAQ TTD traded up $11.14 during mid-day trading on Friday, hitting $71.04. The company had a trading volume of 48,867,132 shares, compared to its average volume of 5,761,137. The company has a market capitalization of $35.24 billion, a PE ratio of 91.08, a price-to-earnings-growth ratio of 3.11 and a beta of 1.29. The business’s 50-day simple moving average is $54.62 and its 200 day simple moving average is $95.16. Trade Desk has a 1-year low of $42.96 and a 1-year high of $141.53.

AppLovin (APP)

AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.

Shares of APP traded down $10.72 during midday trading on Friday, hitting $328.79. The company had a trading volume of 7,749,047 shares, compared to its average volume of 5,996,936. The company’s 50-day simple moving average is $275.55 and its 200-day simple moving average is $311.59. The firm has a market capitalization of $111.77 billion, a P/E ratio of 72.42, a P/E/G ratio of 3.02 and a beta of 2.39. AppLovin has a 1 year low of $60.67 and a 1 year high of $525.15. The company has a debt-to-equity ratio of 3.70, a quick ratio of 2.41 and a current ratio of 2.41.

Walt Disney (DIS)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

NYSE DIS traded up $0.81 on Friday, hitting $105.93. 10,435,544 shares of the stock were exchanged, compared to its average volume of 10,005,668. Walt Disney has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The company has a 50-day moving average price of $93.86 and a 200-day moving average price of $104.16. The company has a market cap of $191.50 billion, a PE ratio of 34.50, a PEG ratio of 1.80 and a beta of 1.49. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Spotify Technology (SPOT)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

Shares of NYSE:SPOT traded down $6.29 on Friday, hitting $648.97. 1,210,728 shares of the company’s stock were exchanged, compared to its average volume of 2,172,595. Spotify Technology has a 1-year low of $286.21 and a 1-year high of $663.55. The company has a market capitalization of $132.85 billion, a PE ratio of 109.07 and a beta of 1.72. The firm’s 50-day moving average is $575.47 and its 200 day moving average is $524.89.