Promising Entertainment Stocks To Watch Now – August 4th

Roblox, CommScope, Arista Networks, Alibaba Group, and BigBear.ai are the five Entertainment stocks to watch today, according to MarketBeat’s stock screener tool. Entertainment stocks are shares of publicly traded companies whose core business is creating, producing or distributing entertainment content—such as films, television series, music, video games and live events. Their market performance is driven by consumer demand, content popularity and shifts in distribution platforms, making them sensitive to changing tastes and media-consumption trends. These companies had the highest dollar trading volume of any Entertainment stocks within the last several days.

Roblox (RBLX)

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.

Shares of RBLX stock traded up $5.43 during trading on Monday, hitting $130.46. 8,194,605 shares of the stock traded hands, compared to its average volume of 8,797,012. The firm has a market capitalization of $84.15 billion, a P/E ratio of -91.23 and a beta of 1.63. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97. The firm’s fifty day moving average price is $105.05 and its 200-day moving average price is $78.76. Roblox has a 52-week low of $35.30 and a 52-week high of $150.59.

CommScope (COMM)

CommScope Holding Company, Inc. provides infrastructure solutions for communications, data center, and entertainment networks worldwide. The company operates through Connectivity and Cable Solutions (CCS); Outdoor Wireless Networks (OWN); Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments.

Shares of COMM stock traded up $7.24 during trading on Monday, hitting $15.03. 54,613,158 shares of the stock traded hands, compared to its average volume of 5,697,272. The firm has a market capitalization of $3.25 billion, a P/E ratio of 5.43, a price-to-earnings-growth ratio of 0.23 and a beta of 2.38. The firm’s fifty day moving average price is $7.16 and its 200-day moving average price is $5.70. CommScope has a 52-week low of $1.93 and a 52-week high of $14.87.

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

NYSE ANET traded up $2.65 on Monday, reaching $120.22. The stock had a trading volume of 5,291,675 shares, compared to its average volume of 10,537,431. The firm has a market capitalization of $150.98 billion, a price-to-earnings ratio of 50.92, a P/E/G ratio of 3.42 and a beta of 1.37. Arista Networks has a 12-month low of $59.43 and a 12-month high of $133.57. The stock has a fifty day moving average price of $101.48 and a two-hundred day moving average price of $94.81.

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 up $0.48 on Monday, reaching $117.55. The stock had a trading volume of 4,259,877 shares, compared to its average volume of 21,950,551. The firm has a market capitalization of $280.40 billion, a price-to-earnings ratio of 15.78, a P/E/G ratio of 1.72 and a beta of 0.17. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. Alibaba Group has a 12-month low of $73.87 and a 12-month high of $148.43. The stock has a fifty day moving average price of $115.61 and a two-hundred day moving average price of $118.45.

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

NYSE BBAI traded up $0.78 on Monday, reaching $7.18. The stock had a trading volume of 67,742,247 shares, compared to its average volume of 88,173,547. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of -9.23 and a beta of 3.44. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.55. BigBear.ai has a 12-month low of $1.16 and a 12-month high of $10.36. The stock has a fifty day moving average price of $5.72 and a two-hundred day moving average price of $4.73.