Top Music Stocks To Add to Your Watchlist – February 14th

Apple, Alibaba Group, and Amazon.com are the three Music stocks to watch today, according to MarketBeat’s stock screener tool. Music stocks refer to stocks of companies involved in the music industry, such as music streaming services, record labels, music production companies, and concert venues. Investors can purchase music stocks to gain exposure to the performance and potential growth of these companies within the music market. These companies had the highest dollar trading volume of any Music stocks within the last several days.

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

AAPL traded up $2.55 during trading on Friday, reaching $244.08. 23,360,013 shares of the company’s stock were exchanged, compared to its average volume of 54,540,766. The stock has a market capitalization of $3.67 trillion, a PE ratio of 38.76, a price-to-earnings-growth ratio of 2.32 and a beta of 1.20. Apple has a one year low of $164.07 and a one year high of $260.10. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. The firm has a fifty day moving average price of $240.67 and a two-hundred day moving average price of $231.41.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Shares of NYSE BABA traded up $4.89 during midday trading on Friday, reaching $124.43. The stock had a trading volume of 41,728,408 shares, compared to its average volume of 24,929,494. The firm has a market cap of $295.98 billion, a price-to-earnings ratio of 25.26, a price-to-earnings-growth ratio of 0.42 and a beta of 0.31. Alibaba Group has a twelve month low of $68.36 and a twelve month high of $126.80. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.37 and a current ratio of 1.37. The company’s 50 day moving average price is $90.47 and its 200 day moving average price is $90.70.

Amazon.com (AMZN)

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

Shares of NASDAQ AMZN traded down $1.68 during midday trading on Friday, reaching $228.69. The stock had a trading volume of 14,852,093 shares, compared to its average volume of 34,466,098. The firm has a market cap of $2.40 trillion, a price-to-earnings ratio of 41.34, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15. Amazon.com has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The company’s 50 day moving average price is $228.18 and its 200 day moving average price is $201.98.