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Best Telecom Stocks To Watch Now - July 21st

Broadcom logo with Computer and Technology background

Broadcom, Palo Alto Networks, and ServiceNow are the three Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of companies that build, operate or manage telecommunications networks and services—such as voice calling, broadband internet, mobile wireless and data transmission. By owning these equities, investors gain exposure to firms whose revenues depend on network infrastructure, subscriber growth and service fees. Telecom stocks are often viewed as defensive, dividend‐paying investments that are sensitive to regulation, capital spending and technological shifts. 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 up $5.24 on Monday, reaching $288.58. The company had a trading volume of 11,145,292 shares, compared to its average volume of 27,752,808. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.98 and a current ratio of 1.08. The company's fifty day moving average is $254.41 and its 200 day moving average is $220.17. The company has a market cap of $1.36 trillion, a P/E ratio of 108.05, a PEG ratio of 2.02 and a beta of 1.12. Broadcom has a 1 year low of $128.50 and a 1 year high of $290.40.

Read Our Latest Research Report on AVGO

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 up $4.47 during trading on Monday, hitting $200.25. 4,122,313 shares of the company traded hands, compared to its average volume of 5,396,814. The firm has a market capitalization of $133.52 billion, a P/E ratio of 114.68, a P/E/G ratio of 5.47 and a beta of 0.97. The company has a 50-day moving average price of $195.58 and a 200-day moving average price of $186.10. Palo Alto Networks has a 1 year low of $142.01 and a 1 year high of $208.39.

Read Our Latest Research Report on PANW

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.

Shares of NYSE:NOW traded up $0.42 during mid-day trading on Monday, hitting $963.82. 616,576 shares of the company traded hands, compared to its average volume of 1,675,453. ServiceNow has a 52-week low of $678.66 and a 52-week high of $1,198.09. The firm has a market cap of $199.49 billion, a P/E ratio of 130.95, a PEG ratio of 4.43 and a beta of 0.94. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.12 and a current ratio of 1.12. The firm's 50 day simple moving average is $1,006.53 and its 200 day simple moving average is $955.01.

Read Our Latest Research Report on NOW

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Should You Invest $1,000 in Broadcom Right Now?

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