Best Growth Stocks To Keep An Eye On - August 17th

Key Points

• MarketBeat has identified seven growth stocks to watch, including Circle Internet Group, Novo Nordisk A/S, BlackRock, and others, highlighting their potential for long-term capital appreciation despite greater volatility.
• Circle Internet Group's stock experienced a significant trading volume, reaching a price of $149.38 with a market capitalization of $33.24 billion.
• Novo Nordisk A/S showed a trading increase to $52.43, with a market cap of $234.10 billion and a P/E ratio of 14.40, reflecting its stability in the pharmaceutical sector.

Circle Internet Group, Novo Nordisk A/S, BlackRock, Blackstone, Apollo Global Management, Welltower, and Teledyne Technologies are the seven Growth stocks to watch today, according to MarketBeat's stock screener tool. Growth stocks are shares of companies whose revenues and earnings are expected to grow at a substantially faster pace than the overall market. These firms typically reinvest profits into expansion, research and development, or acquisitions rather than paying dividends, resulting in higher valuation multiples. Investors in growth stocks seek long-term capital appreciation, accepting greater volatility and risk if projected growth fails to materialize. 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.

Shares of CRCL stock traded up $10.15 during mid-day trading on Friday, reaching $149.38. The stock had a trading volume of 23,198,835 shares, compared to its average volume of 14,098,770. The company has a 50 day moving average of $183.28. Circle Internet Group has a one year low of $64.00 and a one year high of $298.99. The company has a market capitalization of $33.24 billion and a price-to-earnings ratio of -11,804.96.

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.

Shares of Novo Nordisk A/S stock traded up $1.48 during midday trading on Friday, hitting $52.43. 15,912,328 shares of the company were exchanged, compared to its average volume of 26,343,580. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.78 and a quick ratio of 0.56. The firm has a market cap of $234.10 billion, a P/E ratio of 14.40, a PEG ratio of 1.80 and a beta of 0.63. Novo Nordisk A/S has a 52 week low of $45.05 and a 52 week high of $139.74. The firm has a 50 day simple moving average of $64.96 and a 200-day simple moving average of $70.34.

Read Our Latest Research Report on NVO

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.

Shares of BlackRock stock traded down $24.28 during midday trading on Friday, hitting $1,135.88. 580,186 shares of the company were exchanged, compared to its average volume of 520,802. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.04 and a quick ratio of 4.04. The firm has a market cap of $175.89 billion, a P/E ratio of 27.46, a PEG ratio of 2.28 and a beta of 1.42. BlackRock has a 52 week low of $773.74 and a 52 week high of $1,171.89. The firm has a 50 day simple moving average of $1,071.38 and a 200-day simple moving average of $989.33.

Read Our Latest Research Report on BLK

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.

Shares of Blackstone stock traded down $3.07 during midday trading on Friday, hitting $171.61. 3,681,204 shares of the company were exchanged, compared to its average volume of 3,651,876. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.74 and a quick ratio of 0.75. The firm has a market cap of $126.49 billion, a P/E ratio of 46.13, a PEG ratio of 1.40 and a beta of 1.71. Blackstone has a 52 week low of $115.66 and a 52 week high of $200.96. The firm has a 50 day simple moving average of $159.05 and a 200-day simple moving average of $149.87.

Read Our Latest Research Report on BX

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.

Shares of Apollo Global Management stock traded down $1.27 during midday trading on Friday, hitting $139.41. 3,157,630 shares of the company were exchanged, compared to its average volume of 3,140,754. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.27 and a quick ratio of 1.27. The firm has a market cap of $79.75 billion, a P/E ratio of 26.06, a PEG ratio of 1.45 and a beta of 1.62. Apollo Global Management has a 52 week low of $102.58 and a 52 week high of $189.49. The firm has a 50 day simple moving average of $142.86 and a 200-day simple moving average of $140.42.

Read Our Latest Research Report on APO

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.

WELL stock traded up $1.02 during midday trading on Friday, reaching $162.90. 2,490,254 shares of the company's stock traded hands, compared to its average volume of 2,453,952. The company has a 50-day simple moving average of $157.89 and a two-hundred day simple moving average of $151.52. Welltower has a 1-year low of $115.18 and a 1-year high of $171.09. The company has a market cap of $108.95 billion, a price-to-earnings ratio of 92.03, a PEG ratio of 1.87 and a beta of 0.93. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44.

Read Our Latest Research Report on WELL

Teledyne Technologies (TDY)

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.

TDY stock traded down $3.19 during midday trading on Friday, reaching $538.73. 601,713 shares of the company's stock traded hands, compared to its average volume of 456,234. The company has a 50-day simple moving average of $526.84 and a two-hundred day simple moving average of $501.25. Teledyne Technologies has a 1-year low of $412.80 and a 1-year high of $570.56. The company has a market cap of $25.26 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 2.50 and a beta of 1.07. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.21.

Read Our Latest Research Report on TDY

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