Best Streaming Stocks To Add to Your Watchlist – October 5th

Spotify Technology, Roku, and Rumble are the three Streaming stocks to watch today, according to MarketBeat’s stock screener tool. Streaming stocks are shares of companies whose primary business is delivering digital audio, video or other content directly to consumers over the internet. Investors value them largely on recurring-revenue metrics—such as subscriber growth, churn rates and average revenue per user—rather than on traditional earnings or dividend yields. Examples include Netflix, Spotify and Disney+, all of which compete for market share in subscription- and ad-supported streaming services. These companies had the highest dollar trading volume of any Streaming stocks within the last several days.

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.

Roku (ROKU)

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.

Rumble (RUM)

Rumble Inc. operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.