Circle Internet Group, Novo Nordisk A/S, Blackstone, Apollo Global Management, and Ascendis Pharma A/S are the five 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 an above-average rate compared to the broader market. Investors buy growth stocks primarily for potential price appreciation rather than current income, as these companies typically reinvest profits into research, development, or expansion instead of paying dividends. Because of their high growth prospects, they often trade at higher valuation multiples such as price-to-earnings ratios. 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 NYSE:CRCL traded up $4.70 during trading on Friday, hitting $157.63. The stock had a trading volume of 6,561,909 shares, compared to its average volume of 28,466,660. 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 $35.08 billion and a PE ratio of -12,456.93. The business's 50-day moving average price is $187.32.
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.
NYSE:NVO traded up $2.37 during midday trading on Friday, hitting $51.13. The company's stock had a trading volume of 16,463,050 shares, compared to its average volume of 11,286,497. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.74 and a quick ratio of 0.56. Novo Nordisk A/S has a fifty-two week low of $45.05 and a fifty-two week high of $139.74. The firm's 50 day moving average is $67.55 and its 200-day moving average is $71.81. The firm has a market cap of $228.28 billion, a P/E ratio of 14.03, a P/E/G ratio of 1.37 and a beta of 0.63.
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.
Shares of Blackstone stock traded up $1.96 during trading on Friday, hitting $169.60. 1,096,465 shares of the company's stock were exchanged, compared to its average volume of 4,248,147. Blackstone has a 52-week low of $115.66 and a 52-week high of $200.96. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.75 and a current ratio of 0.74. The stock has a market capitalization of $123.75 billion, a price-to-earnings ratio of 45.62, a PEG ratio of 1.38 and a beta of 1.71. The business has a 50-day simple moving average of $154.99 and a 200-day simple moving average of $150.59.
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.
APO traded up $1.56 during midday trading on Friday, hitting $142.67. 1,243,005 shares of the company were exchanged, compared to its average volume of 3,622,929. The company's 50 day simple moving average is $141.59 and its 200 day simple moving average is $141.78. The firm has a market capitalization of $81.53 billion, a price-to-earnings ratio of 26.65, a price-to-earnings-growth ratio of 1.64 and a beta of 1.62. Apollo Global Management has a 1-year low of $102.42 and a 1-year high of $189.49. The company has a current ratio of 1.27, a quick ratio of 1.36 and a debt-to-equity ratio of 0.13.
Read Our Latest Research Report on APO
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.
Shares of ASND traded up $2.97 during mid-day trading on Friday, reaching $193.32. The company had a trading volume of 838,224 shares, compared to its average volume of 489,773. Ascendis Pharma A/S has a 52-week low of $111.09 and a 52-week high of $199.99. The stock has a market capitalization of $11.82 billion, a P/E ratio of -30.03 and a beta of 0.41. The stock has a 50 day moving average of $173.47 and a two-hundred day moving average of $158.42.
Read Our Latest Research Report on ASND
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