Best Outdoor Stocks To Follow Today - August 3rd

Key Points

• Walmart, Lowe's Companies, and Kroger are highlighted as top outdoor stocks to watch, driven by recent high trading volumes.
• Walmart's market cap stands at $785.27 billion, with a current stock price of $98.40 and a P/E ratio of 42.05.
• Lowe's Companies has a market capitalization of $126.84 billion, currently trading at $226.33, with a P/E ratio of 18.75.

Walmart, Lowe's Companies, and Kroger are the three Outdoor stocks to watch today, according to MarketBeat's stock screener tool. Outdoor stocks are shares of publicly traded companies whose core business is outdoor recreation—designing, manufacturing and selling gear, apparel and services for activities like hiking, camping, fishing and skiing. Investors use these equities to gain exposure to consumer spending on active-lifestyle goods and experiences, with performance often influenced by seasonality, economic health and shifts in discretionary demand. These companies had the highest dollar trading volume of any Outdoor stocks within the last several days.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

NYSE WMT traded up $0.42 on Friday, hitting $98.40. 16,740,547 shares of the company were exchanged, compared to its average volume of 12,707,151. The firm has a 50 day moving average of $96.86 and a two-hundred day moving average of $95.05. The company has a market cap of $785.27 billion, a P/E ratio of 42.05, a P/E/G ratio of 4.74 and a beta of 0.66. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. Walmart has a 1-year low of $66.67 and a 1-year high of $105.30.

Read Our Latest Research Report on WMT

Lowe's Companies (LOW)

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

NYSE:LOW traded up $2.76 on Friday, hitting $226.33. 3,400,746 shares of the stock were exchanged, compared to its average volume of 2,422,152. The stock has a market capitalization of $126.84 billion, a price-to-earnings ratio of 18.75, a P/E/G ratio of 2.14 and a beta of 0.89. The company's 50-day moving average price is $223.03 and its 200 day moving average price is $231.57. Lowe's Companies has a 52 week low of $206.38 and a 52 week high of $287.01.

Read Our Latest Research Report on LOW

Kroger (KR)

The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.

NYSE KR traded up $1.32 during trading hours on Friday, reaching $71.42. 6,887,648 shares of the company's stock were exchanged, compared to its average volume of 5,835,809. The company's 50-day moving average is $69.42 and its two-hundred day moving average is $67.42. Kroger has a one year low of $50.69 and a one year high of $74.11. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.53 and a current ratio of 0.95. The company has a market capitalization of $47.20 billion, a price-to-earnings ratio of 19.46, a price-to-earnings-growth ratio of 2.28 and a beta of 0.59.

Read Our Latest Research Report on KR

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