Top Digital Media Stocks To Watch Now – July 5th

Alibaba Group, Adobe, and Sunrun are the three Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are shares of publicly traded companies whose core businesses involve creating, distributing or monetizing content over digital channels—such as streaming video services, social networking platforms, online gaming firms and digital‐advertising networks. By investing in these equities, shareholders gain exposure to trends in internet usage, digital ad spending and the ongoing shift from traditional to online media consumption. 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.

NYSE:BABA traded down $2.04 during midday trading on Friday, hitting $108.67. The company had a trading volume of 11,847,157 shares, compared to its average volume of 19,972,500. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $259.31 billion, a PE ratio of 14.59, a P/E/G ratio of 0.47 and a beta of 0.22. The stock’s fifty day moving average price is $119.19 and its 200-day moving average price is $113.62. Alibaba Group has a 52-week low of $72.95 and a 52-week high of $148.43.

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.

NASDAQ ADBE traded up $1.09 on Friday, reaching $379.56. 2,863,680 shares of the company’s stock traded hands, compared to its average volume of 3,430,343. The stock has a market cap of $161.01 billion, a PE ratio of 24.28, a P/E/G ratio of 1.80 and a beta of 1.51. The stock has a 50-day simple moving average of $396.09 and a 200 day simple moving average of $408.27. Adobe has a 12 month low of $332.01 and a 12 month high of $587.75. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.99 and a quick ratio of 0.99.

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.

Shares of NASDAQ RUN traded up $1.45 during midday trading on Friday, reaching $10.44. The company had a trading volume of 33,830,506 shares, compared to its average volume of 13,369,374. The company has a quick ratio of 0.99, a current ratio of 1.32 and a debt-to-equity ratio of 3.89. Sunrun has a one year low of $5.38 and a one year high of $22.26. The firm’s fifty day moving average price is $8.40 and its 200-day moving average price is $8.19. The stock has a market cap of $2.39 billion, a PE ratio of -0.86 and a beta of 2.60.