Promising Social Media Stocks Worth Watching - July 20th
Market Beat·- MarketBeat identifies seven social media stocks, including Strive and Trump Media & Technology Group, with notable trading volumes amid Bitcoin reaching $75,000. - Strive delivers social media marketing services, while Trump Media operates platforms like TRUTH Social. - JOYY manages multiple video and audio-based social platforms, emphasizing user engagement and growth, underscoring the evolving landscape of social media investing.UBS Ratings, TPs on Dotcoms (Table)
AASTOCKS News·- UBS has listed investment ratings and target prices for various dotcom stocks, primarily recommending "Buy" for most. - Notable stocks include Tencent, Meituan, and Alibaba, each with target prices of HKD 780, HKD 128, and USD 184, respectively. - The article adds that short selling data reflects varying activity and ratios, with a warning about delays in stock quotes.CICC: No Need to Be Overly Pessimistic on Online Platform Sector, Recommends TENCENT
AASTOCKS News·- CICC reports that the online platform sector has faced sluggish growth and short-term consumption pressure in 2026, with valuations dropping below historical averages. - The broker recommends a bottom-up stock selection strategy, specifically favoring TENCENT for its robust fundamentals and low failure probability amid increasing AI investments and resilient core businesses. - Despite positive earnings results from several companies, most AI investments are expected to have a limited impact, although TENCENT's capital expenditure on AI is projected to grow significantly.