Promising Social Media Stocks To Follow Now – August 17th

Shopify, Vertiv, Bullish, HubSpot, Mondelez International, GoDaddy, and Expedia Group are the seven Social Media stocks to watch today, according to MarketBeat’s stock screener tool. Social media stocks are shares of publicly traded companies whose primary business is operating online social networking platforms—examples include Meta Platforms (Facebook), Twitter, and Snap (Snapchat). Their revenues and market values hinge largely on user growth, engagement metrics and digital advertising sales. As a result, regulatory developments, shifts in consumer behavior and ad‐spend trends can cause significant fluctuations in their share prices. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

NYSE SHOP traded down $2.80 during trading on Friday, hitting $141.47. The company’s stock had a trading volume of 7,196,217 shares, compared to its average volume of 10,474,101. Shopify has a 52 week low of $65.86 and a 52 week high of $156.85. The firm has a market cap of $183.54 billion, a P/E ratio of 91.27, a price-to-earnings-growth ratio of 4.82 and a beta of 2.63. The firm has a 50 day moving average price of $121.52 and a 200 day moving average price of $109.09.

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Shares of VRT stock traded up $0.34 on Friday, reaching $132.86. 6,204,076 shares of the stock were exchanged, compared to its average volume of 7,781,719. The stock has a 50 day moving average price of $128.12 and a 200 day moving average price of $105.16. The stock has a market cap of $50.74 billion, a PE ratio of 63.57, a P/E/G ratio of 1.17 and a beta of 1.77. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. Vertiv has a one year low of $53.60 and a one year high of $155.84.

Bullish (BLSH)

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

Shares of BLSH stock traded down $4.90 on Friday, hitting $69.73. 9,051,959 shares of the stock were exchanged, compared to its average volume of 20,713,152. Bullish has a fifty-two week low of $68.00 and a fifty-two week high of $118.00.

HubSpot (HUBS)

HubSpot, Inc., together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.

HubSpot stock traded up $9.82 during mid-day trading on Friday, reaching $439.72. 856,182 shares of the company were exchanged, compared to its average volume of 1,019,774. HubSpot has a 12 month low of $418.34 and a 12 month high of $881.13. The firm has a market cap of $23.17 billion, a PE ratio of -1,911.83, a PEG ratio of 15.14 and a beta of 1.66. The company has a fifty day simple moving average of $530.83 and a 200-day simple moving average of $601.09.

Mondelez International (MDLZ)

Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.

Shares of MDLZ stock traded up $0.62 during mid-day trading on Friday, hitting $62.08. The company’s stock had a trading volume of 5,848,442 shares, compared to its average volume of 8,589,398. The company’s fifty day simple moving average is $66.78 and its 200-day simple moving average is $65.63. Mondelez International has a 52 week low of $53.95 and a 52 week high of $76.06. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.39 and a current ratio of 0.64. The company has a market cap of $80.33 billion, a PE ratio of 22.74, a P/E/G ratio of 4.69 and a beta of 0.46.

GoDaddy (GDDY)

GoDaddy Inc. engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.

GDDY traded up $2.49 during midday trading on Friday, reaching $146.12. 2,456,652 shares of the company were exchanged, compared to its average volume of 2,312,854. The company has a debt-to-equity ratio of 9.33, a quick ratio of 0.56 and a current ratio of 0.64. The company’s fifty day moving average price is $167.44 and its 200 day moving average price is $177.32. The company has a market cap of $20.82 billion, a price-to-earnings ratio of 26.09, a price-to-earnings-growth ratio of 1.58 and a beta of 1.08. GoDaddy has a one year low of $132.51 and a one year high of $216.00.

Expedia Group (EXPE)

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

Shares of Expedia Group stock traded up $0.24 during trading hours on Friday, reaching $207.44. The company had a trading volume of 1,602,848 shares, compared to its average volume of 2,086,303. Expedia Group has a one year low of $126.46 and a one year high of $213.00. The business has a fifty day simple moving average of $179.94 and a 200 day simple moving average of $173.81. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.73. The firm has a market cap of $25.66 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 1.03 and a beta of 1.61.