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Best Industrial Stocks To Research - August 19th

Tesla logo with Auto/Tires/Trucks background

Key Points

  • Tesla, Broadcom, and Micron Technology are identified as key industrial stocks to monitor, reflecting high trading volumes and potential market movements.
  • Tesla, Inc. operates in two main segments—Automotive and Energy Generation—focusing on electric vehicles and related services.
  • Micron Technology specializes in memory and storage products, operating across four segments to meet diverse technological needs globally.
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Tesla, Broadcom, and Micron Technology are the three Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of publicly traded companies operating in the manufacturing, construction, transportation and related industrial sectors—such as machinery makers, aerospace and defense contractors, and infrastructure firms. Investors use them to gain exposure to economic growth, since these companies’ revenues and profits often rise and fall with overall industrial output and capital spending. Because they’re cyclical in nature, industrial stocks can experience significant price swings in response to shifts in the economic cycle. 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.

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.

Read Our Latest Research Report on AVGO

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.

Read Our Latest Research Report on MU

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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