Best Telecom Stocks To Watch Today - June 11th

Broadcom, Quantum Computing, and AT&T are the three Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are equity shares of companies that provide telecommunications services—such as voice, data, internet, and wireless connectivity—through fixed-line, mobile, or satellite networks. Investors buy these stocks to gain exposure to the communications sector’s revenue streams from phone, broadband, and streaming services. They often offer relatively stable dividend yields but can be sensitive to regulatory changes and capital-intensive network upgrades. 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.

Shares of AVGO stock traded up $7.24 during mid-day trading on Wednesday, hitting $251.87. The stock had a trading volume of 15,033,878 shares, compared to its average volume of 30,945,816. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. The company's 50-day simple moving average is $206.98 and its 200-day simple moving average is $207.63. Broadcom has a fifty-two week low of $128.50 and a fifty-two week high of $265.43. The firm has a market cap of $1.18 trillion, a PE ratio of 205.75, a PEG ratio of 2.29 and a beta of 1.11.

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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 stock traded up $4.14 during trading on Wednesday, hitting $19.27. The stock had a trading volume of 110,139,208 shares, compared to its average volume of 20,420,367. Quantum Computing has a 1-year low of $0.35 and a 1-year high of $27.15. The company's 50 day moving average price is $9.12 and its two-hundred day moving average price is $9.49. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of -67.67 and a beta of 3.85.

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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 traded down $0.03 during mid-day trading on Wednesday, reaching $28.39. 17,609,150 shares of the stock traded hands, compared to its average volume of 36,609,273. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.00. The stock has a fifty day simple moving average of $27.31 and a 200 day simple moving average of $25.54. AT&T has a 12-month low of $17.42 and a 12-month high of $29.03. The firm has a market cap of $204.30 billion, a price-to-earnings ratio of 19.04, a P/E/G ratio of 3.00 and a beta of 0.41.

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