Best Social Media Stocks Worth Watching – June 6th

Shopify, Vertiv, and Mondelez International are the three Social Media stocks to watch today, according to MarketBeat’s stock screener tool. Social media stocks are shares of publicly traded companies whose core business revolves around social networking platforms, content-sharing services, and digital communication tools. Investors in these stocks seek to benefit from user-base growth, advertising revenue, and data-driven monetization that these platforms generate. 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.

SHOP stock traded up $5.98 during midday trading on Friday, reaching $111.01. The company had a trading volume of 5,452,409 shares, compared to its average volume of 9,393,137. The company has a market capitalization of $143.74 billion, a price-to-earnings ratio of 71.63, a price-to-earnings-growth ratio of 4.82 and a beta of 2.66. Shopify has a 1-year low of $48.56 and a 1-year high of $129.38. The stock has a 50 day moving average price of $95.74 and a 200-day moving average price of $105.00.

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 traded up $2.91 during mid-day trading on Friday, reaching $115.13. The company had a trading volume of 3,466,400 shares, compared to its average volume of 8,813,056. The company’s 50 day simple moving average is $89.18 and its 200 day simple moving average is $105.04. The company has a market capitalization of $43.88 billion, a price-to-earnings ratio of 89.89, a P/E/G ratio of 1.07 and a beta of 1.70. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.02 and a current ratio of 1.65. Vertiv has a 1-year low of $53.60 and a 1-year high of $155.84.

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 Mondelez International stock traded down $0.12 during trading on Friday, hitting $66.26. The company’s stock had a trading volume of 3,723,897 shares, compared to its average volume of 8,019,779. 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 0.58, a current ratio of 0.68 and a quick ratio of 0.48. The stock has a market cap of $85.79 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 4.34 and a beta of 0.48. The stock has a 50-day moving average price of $66.46 and a two-hundred day moving average price of $63.38.