Best Streaming Stocks To Add to Your Watchlist – March 13th

Spotify Technology, Roku, and Franco-Nevada 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 audio, video, or other digital content over the internet on a subscription- or ad-supported basis (for example, Netflix, Spotify, or Roku). Investors treat them as growth-oriented, subscription-driven plays whose performance hinges on metrics like subscriber growth, engagement and content/licensing costs, and which can be more volatile due to heavy content spending and intense competition. 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.

Franco-Nevada (FNV)

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.