Best Industrial Stocks To Consider - July 4th

Tesla, Broadcom, Micron Technology, First Solar, and Synopsys are the five Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies operating in the manufacturing and heavy‐industry sectors, including producers of machinery, equipment, aerospace and defense systems, construction materials, and transportation services. These equities are typically classified under the industrial sector in market indices and tend to be cyclical, meaning their performance often rises and falls with overall economic activity. These companies had the highest dollar trading volume of any Industrial stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ TSLA traded down $2.09 during trading on Friday, reaching $313.56. The company's stock had a trading volume of 58,042,302 shares, compared to its average volume of 101,137,163. The business's fifty day moving average price is $320.36 and its 200-day moving average price is $327.07. Tesla has a twelve month low of $182.00 and a twelve month high of $488.54. The firm has a market cap of $1.01 trillion, a price-to-earnings ratio of 172.29, a P/E/G ratio of 9.17 and a beta of 2.39. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00.

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Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

NASDAQ:AVGO traded up $4.97 during midday trading on Friday, reaching $274.87. The stock had a trading volume of 10,592,655 shares, compared to its average volume of 28,641,799. The company has a quick ratio of 0.98, a current ratio of 1.08 and a debt-to-equity ratio of 0.89. The stock has a market cap of $1.29 trillion, a P/E ratio of 102.95, a P/E/G ratio of 1.92 and a beta of 1.12. The firm has a fifty day simple moving average of $237.12 and a two-hundred day simple moving average of $216.98. Broadcom has a 12-month low of $128.50 and a 12-month high of $277.71.

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Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

MU stock traded up $0.29 on Friday, reaching $122.03. 13,247,931 shares of the company's stock were exchanged, compared to its average volume of 23,335,060. The firm has a market cap of $136.56 billion, a PE ratio of 21.99 and a beta of 1.35. Micron Technology has a twelve month low of $61.54 and a twelve month high of $137.13. The stock has a fifty day moving average of $102.72 and a 200-day moving average of $94.77. The company has a quick ratio of 1.89, a current ratio of 2.75 and a debt-to-equity ratio of 0.30.

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First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

First Solar stock traded up $14.91 during trading hours on Friday, hitting $185.43. The stock had a trading volume of 6,399,688 shares, compared to its average volume of 3,233,808. First Solar has a 1-year low of $116.56 and a 1-year high of $262.72. The stock has a market capitalization of $19.89 billion, a price-to-earnings ratio of 15.77, a PEG ratio of 0.34 and a beta of 1.52. The stock's fifty day moving average is $155.79 and its two-hundred day moving average is $154.85. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.93 and a quick ratio of 1.39.

Read Our Latest Research Report on FSLR

Synopsys (SNPS)

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.

Shares of Synopsys stock traded up $23.65 during trading on Friday, hitting $546.76. 2,020,024 shares of the company were exchanged, compared to its average volume of 1,177,053. The firm has a 50 day moving average price of $487.88 and a 200 day moving average price of $477.92. The stock has a market capitalization of $84.84 billion, a price-to-earnings ratio of 39.48, a P/E/G ratio of 3.45 and a beta of 1.12. The company has a quick ratio of 6.85, a current ratio of 7.02 and a debt-to-equity ratio of 1.01. Synopsys has a fifty-two week low of $365.74 and a fifty-two week high of $624.80.

Read Our Latest Research Report on SNPS