Best Growth Stocks To Watch Today - August 6th

Key Points

• Novo Nordisk A/S saw its shares drop to $45.49, with a market capitalization of $203.09 billion and a P/E ratio of 13.43, indicating challenges despite strong trading volume.
• Circle Internet Group experienced a significant share increase to $158.60, but its P/E ratio is extraordinarily high at -12,533.59, reflecting volatility in its valuation.
• Apollo Global Management traded down to $145.16 and focuses on private equity and investments across diverse sectors, with a market cap of $82.96 billion and a P/E ratio of 25.40.

Novo Nordisk A/S, Circle Internet Group, and Apollo Global Management are the three 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 above-average rates compared with the overall market. These firms typically reinvest most of their profits back into the business rather than pay dividends, so investors buy them mainly for potential capital appreciation. Because high growth expectations are often already “priced in,” growth stocks can carry elevated valuations and greater volatility. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

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 $1.74 during trading hours on Wednesday, hitting $45.49. The stock had a trading volume of 23,337,574 shares, compared to its average volume of 10,958,079. The stock has a market capitalization of $203.09 billion, a price-to-earnings ratio of 13.43, a PEG ratio of 1.48 and a beta of 0.63. Novo Nordisk A/S has a 1-year low of $45.05 and a 1-year high of $139.74. The stock's fifty day moving average is $68.43 and its two-hundred day moving average is $72.20. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.74 and a quick ratio of 0.56.

Read Our Latest Research Report on NVO

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 NYSE CRCL traded up $4.67 during midday trading on Wednesday, reaching $158.60. 5,036,846 shares of the stock were exchanged, compared to its average volume of 29,344,928. The stock's 50 day simple moving average is $188.80. Circle Internet Group has a 52-week low of $64.00 and a 52-week high of $298.99. The stock has a market capitalization of $35.29 billion and a P/E ratio of -12,533.59.

Read Our Latest Research Report on CRCL

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 APO stock traded down $0.38 during trading hours on Wednesday, hitting $145.16. 1,653,875 shares of the company were exchanged, compared to its average volume of 3,617,645. Apollo Global Management has a 1 year low of $102.14 and a 1 year high of $189.49. The firm has a fifty day moving average of $141.10 and a 200 day moving average of $141.93. The firm has a market cap of $82.96 billion, a PE ratio of 25.40, a PEG ratio of 1.60 and a beta of 1.62. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.34.

Read Our Latest Research Report on APO

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