Best Growth Stocks To Consider - August 14th

Key Points

• Seven growth stocks to watch include Circle Internet Group, Novo Nordisk A/S, Blackstone, BlackRock, Apollo Global Management, CareTrust REIT, and Welltower, all of which are expected to grow their revenues and earnings faster than the market.
• Circle Internet Group stock recently traded at $144.41, experiencing significant volatility with a 12-month range of $64.00 to $298.99, and has a market capitalization of $32.14 billion.
• Novo Nordisk A/S and Blackstone also showed notable trading activity, with market caps of $224.23 billion and $127.34 billion respectively, indicating their importance among growth investments.

Circle Internet Group, Novo Nordisk A/S, Blackstone, BlackRock, Apollo Global Management, CareTrust REIT, and Welltower are the seven Growth stocks to watch today, according to MarketBeat's stock screener tool. Growth stocks are shares of companies expected to grow their revenues and earnings at a faster rate than the overall market or their industry peers. Investors buy these stocks primarily for capital appreciation, as these companies typically reinvest profits into expansion rather than paying out dividends. Because of their growth prospects, they often trade at higher price-to-earnings ratios and can exhibit greater volatility. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Circle Internet Group (CRCL)

Founded in 2013, Circle's mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

Circle Internet Group stock traded down $8.75 during midday trading on Thursday, reaching $144.41. 9,555,511 shares of the stock traded hands, compared to its average volume of 27,656,707. The business has a 50-day simple moving average of $184.93. Circle Internet Group has a 12-month low of $64.00 and a 12-month high of $298.99. The firm has a market capitalization of $32.14 billion and a price-to-earnings ratio of -11,412.20.

Read Our Latest Research Report on CRCL

Novo Nordisk A/S (NVO)

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.

Novo Nordisk A/S stock traded down $0.68 during midday trading on Thursday, reaching $50.22. 7,451,210 shares of the stock traded hands, compared to its average volume of 11,392,526. The company has a 50-day simple moving average of $65.84 and a two-hundred day simple moving average of $70.91. Novo Nordisk A/S has a 12-month low of $45.05 and a 12-month high of $139.74. The firm has a market cap of $224.23 billion, a PE ratio of 13.78, a price-to-earnings-growth ratio of 1.71 and a beta of 0.63. The company has a current ratio of 0.78, a quick ratio of 0.56 and a debt-to-equity ratio of 0.52.

Read Our Latest Research Report on NVO

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

NYSE BX traded down $3.86 during trading hours on Thursday, hitting $172.76. 1,231,487 shares of the company were exchanged, compared to its average volume of 4,233,846. The company has a 50 day moving average of $157.68 and a two-hundred day moving average of $150.27. The company has a quick ratio of 0.75, a current ratio of 0.74 and a debt-to-equity ratio of 0.61. Blackstone has a 52-week low of $115.66 and a 52-week high of $200.96. The firm has a market cap of $127.34 billion, a price-to-earnings ratio of 46.43, a PEG ratio of 1.42 and a beta of 1.71.

Read Our Latest Research Report on BX

BlackRock (BLK)

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

NYSE BLK traded down $3.03 during trading hours on Thursday, hitting $1,157.00. 158,692 shares of the company were exchanged, compared to its average volume of 765,671. The company has a 50 day moving average of $1,064.92 and a two-hundred day moving average of $988.28. The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.39. BlackRock has a 52-week low of $773.74 and a 52-week high of $1,171.89. The firm has a market cap of $179.25 billion, a price-to-earnings ratio of 27.97, a PEG ratio of 2.33 and a beta of 1.42.

Read Our Latest Research Report on BLK

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

NYSE APO traded down $1.55 during trading hours on Thursday, hitting $139.40. 1,063,952 shares of the company were exchanged, compared to its average volume of 3,618,241. The firm has a market cap of $79.67 billion, a price-to-earnings ratio of 26.07, a PEG ratio of 1.51 and a beta of 1.62. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.37. The company has a 50 day moving average of $142.53 and a two-hundred day moving average of $141.02. Apollo Global Management has a 52-week low of $102.58 and a 52-week high of $189.49.

Read Our Latest Research Report on APO

CareTrust REIT (CTRE)

Shares of NYSE:CTRE traded up $0.75 on Thursday, hitting $33.83. 3,118,273 shares of the company's stock were exchanged, compared to its average volume of 1,843,280. The stock's 50-day moving average is $31.08. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.83 and a quick ratio of 2.83. CareTrust REIT has a 1-year low of $24.79 and a 1-year high of $33.86. The stock has a market capitalization of $6.78 billion, a P/E ratio of 28.19, a PEG ratio of 1.54 and a beta of 0.85.

Read Our Latest Research Report on CTRE

Welltower (WELL)

Welltower Inc. NYSE: WELL, a real estate investment trust ("REIT") and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience.

Shares of NYSE WELL traded down $0.91 during trading hours on Thursday, reaching $162.14. The stock had a trading volume of 538,766 shares, compared to its average volume of 2,958,206. Welltower has a fifty-two week low of $115.18 and a fifty-two week high of $171.09. The firm has a market cap of $108.44 billion, a price-to-earnings ratio of 91.72, a PEG ratio of 1.89 and a beta of 0.93. The firm has a 50-day moving average of $157.54 and a 200-day moving average of $151.06. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.44.

Read Our Latest Research Report on WELL

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