Free Trial

Best Growth Stocks To Watch Today - May 7th

Ascendis Pharma A/S logo with Medical background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat names three Growth stocks to watch today: Ascendis Pharma (ASND), Prologis (PLD), and Teledyne Technologies (TDY), selected because they had the highest dollar trading volume among Growth stocks in recent days.
  • Ascendis Pharma (ASND) is a biopharmaceutical company offering SKYTROFA for growth hormone deficiency and advancing a pipeline of endocrinology rare‑disease and oncology candidates.
  • Prologis (PLD) is the global leader in logistics real estate with about 1.2 billion sq ft of property across 19 countries, while Teledyne (TDY) supplies imaging sensors, infrared/UV/X‑ray technologies and semiconductor components for industrial growth markets.
  • Interested in Ascendis Pharma A/S? Here are five stocks we like better.

Ascendis Pharma A/S, Prologis, and Teledyne Technologies are the three 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 an above‑average rate, so investors buy them mainly for capital appreciation rather than income. They often trade at higher price‑to‑earnings ratios because profits are reinvested to fuel expansion, and they can be more volatile and sensitive to changes in growth expectations. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Ascendis Pharma A/S (ASND)

Ascendis Pharma A/S, a biopharmaceutical company, focuses on developing therapies for unmet medical needs. It offers SKYTROFA for treating patients with growth hormone deficiency (GHD). The company is also developing a pipeline of three independent endocrinology rare disease product candidates in clinical development, as well as focuses on advancing oncology therapeutic candidates.

Read Our Latest Research Report on ASND

Prologis (PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.

Read Our Latest Research Report on PLD

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.

Read Our Latest Research Report on TDY

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Ascendis Pharma A/S Right Now?

Before you consider Ascendis Pharma A/S, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ascendis Pharma A/S wasn't on the list.

While Ascendis Pharma A/S currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines