Social media companies have taken over the world via the internet. The internet is often referred to as the new business frontier. The top companies on the internet are unquestionably the huge social media websites.
While eCommerce has been rising very fast over the last few years, the majority of the most valuable online companies remain to be social media websites. As you can expect, many of these companies have been publicly listed and the stocks for the companies can be bought by investors. The following are some of the most attractive social media stocks today.
Google (NASDAQ:GOOGL), is without a doubt at the top of the list. This company is the most visited on the web and its daily hits are in the billions every single day. Considering that the website also has some additional sites like Google+ and YouTube, the overall value of this company is huge.
YouTube is especially a massive social site for Google. By itself, the site receives the second most visit per day on the web. YouTube was acquired by Google in 2006 and it has since then grown to be the leading video content website. Google gets massive revenue from advertisements run on this website. The shares of Google currently stand at $1,135.00.
The second company on the list is Facebook, which has the largest share of users on any given day. Facebook (NASDAQ:FB), is the third most visited site in the globe and it has over 15,000 employees. The company has grown tremendously over the years and it is the top website for sharing among friends. This company has also acquired Instagram in recent years. Even though Facebook has gone through some tribulations and legal issues in recent years, the company is still in an unshakable position. The company’s shares trade at $193.99 as of June 2018.
In light of the Facebook woes, there have been proposals to create alternate websites that give more value to user data. There are definitely many other social media companies that are coming up quickly around the world. Some media companies in Germany that have expressed a great interest in the global market. The majority of them, however, remain to be agencies as of the moment.
Third on the list is Microsoft’s LinkedIn. LinkedIn (NASDAQ:MSFT) is the top social media site for professionals. It has been around for 15 years even though Microsoft acquired it recently in 2016. This company has nearly 500 million users who are spread across the world. The website allows its users to share their information and expertise thus allowing collaboration between various parties. The website has a strong following and daily hits are to the tune of millions. LinkedIn has one of the strongest social media presence profiles of any other website. The shares of the company are currently traded at $100.79 through its parent company Microsoft.
Yahoo! is among the oldest social platforms on the internet. Yahoo! (NYSE:VZ) started off mainly as an email service provider before it made several acquisitions. The company also ventured into the social media and search platform realms over the course of time. It, however, struggled to catch up to bigger players like Google. The company is nevertheless one of the most recognizable brands in the market today. It was acquired by Verizon in 2017. All its subsidiaries, acquisitions, and brands are now legally part of Verizon. The company’s shares are traded as part of Verizon and the share price as of June 2018 is $47.81.
Finally, Twitter (NYSE:TWTR), is one of the largest real-time interaction social media sites. This company was founded in 2006 and has been among the biggest social media sites since its launch. Twitter has faced a lot of challenges and criticism because of its unfiltered dissemination of “tweets”. Even though the company has been in the limelight due to bad publicity, it is still a preferred website by many users around the world. Twitter has had a great impact on other social media sites and companies, in general, owing to its news-style format. The company derives its revenue from a range of promoted products. As of 2018, the company’s shares go at $36.65.
There are of course several other social media companies that are traded publicly. The stocks for most social media companies are however not as promising as those listed above. The above companies have consistently experienced a growth in their share prices over the years. They are thus the best to consider if you want to invest.