Best Industrial Stocks To Keep An Eye On - August 5th

Key Points

• Tesla, Broadcom, Eaton, Caterpillar, and Accenture are highlighted as key industrial stocks to monitor due to their high trading volumes and involvement in significant sectors of the economy.
• Tesla's stock recently traded at $309.95 with a market cap of nearly $1 trillion, while Broadcom's shares reached $295.95 with a market capitalization of $1.39 trillion.
• Accenture’s stock fell to $250.13 with a market cap of $156.67 billion, indicating a potential buying opportunity given its prior trading performance and growth prospects in professional services.

Tesla, Broadcom, Eaton, Caterpillar, and Accenture are the five Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of publicly traded companies engaged in manufacturing, construction, transportation and related industrial activities. Their performance often mirrors economic cycles and trends in infrastructure spending, making them useful indicators of overall economic health. 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.

Tesla stock traded up $0.69 during trading hours on Tuesday, hitting $309.95. The stock had a trading volume of 37,937,031 shares, compared to its average volume of 107,232,547. The company has a 50-day moving average of $321.62 and a two-hundred day moving average of $309.49. The company has a quick ratio of 1.55, a current ratio of 2.04 and a debt-to-equity ratio of 0.07. The company has a market cap of $999.74 billion, a PE ratio of 179.18, a price-to-earnings-growth ratio of 10.63 and a beta of 2.33. Tesla has a fifty-two week low of $191.48 and a fifty-two week high of $488.54.

Read Our Latest Research Report on TSLA

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.

Shares of AVGO traded down $1.77 during mid-day trading on Tuesday, reaching $295.95. The company had a trading volume of 8,404,040 shares, compared to its average volume of 26,691,588. Broadcom has a twelve month low of $134.90 and a twelve month high of $306.95. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.08 and a quick ratio of 0.98. The company's 50-day moving average is $267.94 and its 200-day moving average is $224.92. The company has a market capitalization of $1.39 trillion, a P/E ratio of 110.87, a P/E/G ratio of 2.05 and a beta of 1.15.

Read Our Latest Research Report on AVGO

Eaton (ETN)

Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.

Shares of ETN traded down $22.24 during mid-day trading on Tuesday, reaching $362.52. The company had a trading volume of 4,278,454 shares, compared to its average volume of 3,058,408. Eaton has a twelve month low of $231.85 and a twelve month high of $399.56. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.84. The company's 50-day moving average is $352.19 and its 200-day moving average is $317.69. The company has a market capitalization of $141.85 billion, a P/E ratio of 36.69, a P/E/G ratio of 2.88 and a beta of 1.18.

Read Our Latest Research Report on ETN

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

CAT stock traded up $2.50 during midday trading on Tuesday, reaching $436.20. 2,772,556 shares of the company's stock traded hands, compared to its average volume of 2,715,619. The company has a 50-day simple moving average of $387.47 and a two-hundred day simple moving average of $354.37. Caterpillar has a 1-year low of $267.30 and a 1-year high of $441.15. The company has a market cap of $205.47 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 2.68 and a beta of 1.40. The company has a quick ratio of 0.77, a current ratio of 1.32 and a debt-to-equity ratio of 1.43.

Read Our Latest Research Report on CAT

Accenture (ACN)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

ACN stock traded down $8.65 during midday trading on Tuesday, reaching $250.13. 4,233,484 shares of the company's stock traded hands, compared to its average volume of 3,412,989. The company has a market cap of $156.67 billion, a price-to-earnings ratio of 19.86, a PEG ratio of 2.32 and a beta of 1.29. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. The company has a 50-day simple moving average of $296.96 and a two-hundred day simple moving average of $318.45. Accenture has a 1-year low of $247.80 and a 1-year high of $398.35.

Read Our Latest Research Report on ACN

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