Tesla, Micron Technology, Broadcom, Synopsys, and Eaton are the five Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies engaged in the production of goods, machinery and equipment, as well as providers of related services such as transportation, construction and aerospace. Because these businesses tend to expand and contract with overall economic activity, industrial stocks are often viewed as bellwethers for broader 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.
Shares of TSLA stock traded down $0.33 on Thursday, reaching $321.34. 45,729,203 shares of the stock were exchanged, compared to its average volume of 98,909,883. The stock has a market cap of $1.04 trillion, a PE ratio of 176.49, a P/E/G ratio of 9.26 and a beta of 2.39. Tesla has a one year low of $182.00 and a one year high of $488.54. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.00 and a quick ratio of 1.54. The stock has a 50 day moving average price of $324.95 and a 200 day moving average price of $318.49.
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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.
Shares of MU stock traded down $3.09 on Thursday, reaching $113.34. 22,913,673 shares of the stock were exchanged, compared to its average volume of 23,344,627. The stock has a market cap of $126.84 billion, a PE ratio of 20.41 and a beta of 1.35. Micron Technology has a one year low of $61.54 and a one year high of $129.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.75 and a quick ratio of 1.89. The stock has a 50 day moving average price of $110.26 and a 200 day moving average price of $96.52.
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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.
Shares of AVGO stock traded up $6.67 on Thursday, reaching $287.48. 8,886,454 shares of the stock were exchanged, compared to its average volume of 27,932,331. The stock has a market cap of $1.35 trillion, a PE ratio of 107.57, a P/E/G ratio of 2.00 and a beta of 1.12. Broadcom has a one year low of $128.50 and a one year high of $288.21. 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 stock has a 50 day moving average price of $251.34 and a 200 day moving average price of $219.63.
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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 $10.57 during trading on Thursday, reaching $581.77. 1,738,535 shares of the company were exchanged, compared to its average volume of 1,251,956. 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 twelve month low of $365.74 and a twelve month high of $604.83. The business has a 50-day moving average price of $504.42 and a 200-day moving average price of $481.58. The firm has a market capitalization of $90.27 billion, a price-to-earnings ratio of 41.98, a P/E/G ratio of 3.76 and a beta of 1.12.
Read Our Latest Research Report on SNPS
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 Eaton stock traded up $13.91 during trading on Thursday, reaching $376.80. 2,113,025 shares of the company were exchanged, compared to its average volume of 2,668,955. The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.41. Eaton has a twelve month low of $231.85 and a twelve month high of $379.99. The business has a 50-day moving average price of $336.45 and a 200-day moving average price of $314.15. The firm has a market capitalization of $147.44 billion, a price-to-earnings ratio of 38.03, a P/E/G ratio of 2.73 and a beta of 1.17.
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