Streaming Stocks To Watch Today – January 1st

Spotify Technology, Roku, and Anghami are the three Streaming stocks to watch today, according to MarketBeat’s stock screener tool. Streaming stocks are shares of companies that provide upfront capital to miners or energy producers in exchange for the right to buy a fixed portion of future production or revenue at a predetermined price (a “stream”). Investors buy these stocks for leveraged exposure to commodity prices and relatively predictable cash flow with less direct operational and development risk than owning and running the underlying mines or projects. 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.

Anghami (ANGH)

Anghami Inc. operates a digital music entertainment technology platform in the Middle East and North Africa. It offers digital entertainment and online streaming services, including music, podcasts, music videos, and live events; and a music application and platform that provides Arabic and international music to stream and download.