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Best Telecom Stocks To Research - May 23rd

Broadcom logo with Computer and Technology background

Broadcom, Quantum Computing, ServiceNow, Palo Alto Networks, AT&T, Arista Networks, and Zscaler are the seven Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies that provide communication services such as voice, data, video and Internet connectivity. Investors in telecom stocks gain exposure to the performance of businesses that build and operate networks (fiber, satellite, cellular) and are often influenced by factors like regulatory changes, infrastructure investment and shifting consumer demand for 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.

AVGO stock traded down $0.49 during trading on Friday, hitting $230.04. The stock had a trading volume of 8,230,587 shares, compared to its average volume of 31,023,420. The company's 50-day moving average price is $190.02 and its two-hundred day moving average price is $200.90. The stock has a market capitalization of $1.08 trillion, a P/E ratio of 187.65, a PEG ratio of 2.29 and a beta of 1.04. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. Broadcom has a twelve month low of $128.50 and a twelve month high of $251.88.

Read Our Latest Research Report on AVGO

Quantum Computing (QUBT)

Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.

QUBT traded up $1.76 on Friday, reaching $13.83. 75,520,254 shares of the company's stock were exchanged, compared to its average volume of 18,685,045. Quantum Computing has a twelve month low of $0.35 and a twelve month high of $27.15. The stock has a market cap of $1.95 billion, a PE ratio of -47.53 and a beta of 3.74. The stock's fifty day moving average price is $7.84 and its 200-day moving average price is $8.52.

Read Our Latest Research Report on QUBT

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 $5.04 during trading on Friday, reaching $1,010.73. 588,199 shares of the company were exchanged, compared to its average volume of 1,839,368. ServiceNow has a 52-week low of $637.99 and a 52-week high of $1,198.09. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.10 and a quick ratio of 1.10. The stock's 50 day simple moving average is $878.23 and its two-hundred day simple moving average is $975.16. The company has a market capitalization of $209.22 billion, a P/E ratio of 147.95, a PEG ratio of 4.51 and a beta of 0.97.

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 Palo Alto Networks stock traded up $0.92 during trading hours on Friday, hitting $187.06. The company's stock had a trading volume of 2,764,087 shares, compared to its average volume of 5,628,646. The firm has a fifty day moving average of $178.03 and a 200-day moving average of $185.33. The stock has a market cap of $123.85 billion, a price-to-earnings ratio of 105.35, a P/E/G ratio of 5.64 and a beta of 1.02. 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

AT&T (T)

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

Shares of T stock traded up $0.24 during trading on Friday, reaching $27.47. The company's stock had a trading volume of 16,122,451 shares, compared to its average volume of 36,686,576. The stock's 50-day moving average price is $27.29 and its 200 day moving average price is $25.05. The company has a market capitalization of $197.63 billion, a price-to-earnings ratio of 18.43, a P/E/G ratio of 3.00 and a beta of 0.42. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.66 and a quick ratio of 0.62. AT&T has a 1-year low of $17.11 and a 1-year high of $29.03.

Read Our Latest Research Report on T

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

NYSE:ANET traded down $1.11 during midday trading on Friday, reaching $91.45. The company had a trading volume of 4,155,896 shares, compared to its average volume of 9,042,078. The stock's fifty day simple moving average is $81.26 and its 200-day simple moving average is $97.10. Arista Networks has a 12-month low of $59.43 and a 12-month high of $133.58. The firm has a market capitalization of $114.85 billion, a price-to-earnings ratio of 41.19, a PEG ratio of 3.10 and a beta of 1.38.

Read Our Latest Research Report on ANET

Zscaler (ZS)

Zscaler, Inc. operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

Shares of Zscaler stock traded up $2.07 on Friday, reaching $254.89. 1,255,791 shares of the company were exchanged, compared to its average volume of 2,050,085. The stock's 50 day moving average price is $214.53 and its 200-day moving average price is $203.84. Zscaler has a 1-year low of $153.45 and a 1-year high of $255.79. The company has a market cap of $39.44 billion, a P/E ratio of -1,019.20 and a beta of 1.14.

Read Our Latest Research Report on ZS

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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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