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Best Telecom Stocks To Follow Now - June 13th

Broadcom logo with Computer and Technology background

Broadcom, ServiceNow, and Palo Alto Networks are the three Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks (short for telecommunications stocks) are equity shares in companies that provide voice, data, internet and video‐transmission services. They include wireless and wireline carriers, broadband and satellite providers, and network‐equipment manufacturers that build and maintain communications infrastructure. Often prized for their steady cash flows and dividends, telecom stocks offer investors exposure to the essential services underpinning modern connectivity. These companies had the highest dollar trading volume of any Telecom stocks within the last several days.

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 down $6.53 during trading on Friday, hitting $249.54. The company's stock had a trading volume of 10,662,701 shares, compared to its average volume of 28,828,871. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.98. The firm has a 50 day moving average price of $211.15 and a 200 day moving average price of $208.57. Broadcom has a 52 week low of $128.50 and a 52 week high of $265.43. The firm has a market cap of $1.17 trillion, a P/E ratio of 203.54, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11.

Read Our Latest Research Report on AVGO

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

ServiceNow stock traded down $26.62 during trading hours on Friday, hitting $980.75. The stock had a trading volume of 621,194 shares, compared to its average volume of 1,477,322. ServiceNow has a fifty-two week low of $678.66 and a fifty-two week high of $1,198.09. The company has a market cap of $203.00 billion, a PE ratio of 143.54, a price-to-earnings-growth ratio of 4.51 and a beta of 0.95. The company has a 50-day moving average of $939.30 and a two-hundred day moving average of $974.01. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.15.

Read Our Latest Research Report on NOW

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

Shares of NASDAQ PANW traded down $1.61 during trading hours on Friday, reaching $196.06. The stock had a trading volume of 2,079,698 shares, compared to its average volume of 5,478,070. The company has a market cap of $130.73 billion, a price-to-earnings ratio of 110.44, a PEG ratio of 5.64 and a beta of 0.97. The business's fifty day moving average is $183.28 and its two-hundred day moving average is $185.12. Palo Alto Networks has a twelve month low of $142.01 and a twelve month high of $208.39.

Read Our Latest Research Report on PANW

See Also

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