Blue Chip Stocks To Follow Today - August 7th

Key Points

• Karman, RF Industries, and NetSol Technologies are identified as key blue chip stocks to monitor, featuring high trading volumes recently.
• Karman (KRMN) specializes in defense-related systems, with shares recently trading at $47.48 after a decrease of $1.12.
• RF Industries (RFIL) operates in interconnect products and has a market cap of $76.90 million, while NetSol Technologies (NTWK) focuses on financial software solutions, reaching a share price of $4.05.

Karman, RF Industries, and NetSol Technologies are the three Blue Chip stocks to watch today, according to MarketBeat's stock screener tool. Blue chip stocks are shares of large, well-established companies with a long track record of stable earnings, strong balance sheets, and often regular dividend payments. These firms are typically leaders in their industries and are regarded as lower-risk investments compared to smaller, more volatile companies. Investors include blue chips in portfolios to seek steady growth and capital preservation over the long term. These companies had the highest dollar trading volume of any Blue Chip stocks within the last several days.

Karman (KRMN)

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.

Shares of KRMN stock traded down $1.12 on Thursday, reaching $47.48. 644,259 shares of the company's stock traded hands, compared to its average volume of 1,152,477. The company has a 50 day moving average of $48.22. The company has a current ratio of 3.34, a quick ratio of 3.23 and a debt-to-equity ratio of 1.15. Karman has a 12-month low of $25.02 and a 12-month high of $57.31.

Read Our Latest Research Report on KRMN

RF Industries (RFIL)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

RF Industries stock traded down $0.03 during trading hours on Thursday, hitting $7.20. The company had a trading volume of 31,509 shares, compared to its average volume of 81,480. RF Industries has a fifty-two week low of $3.27 and a fifty-two week high of $9.21. The firm has a market capitalization of $76.90 million, a P/E ratio of -55.35 and a beta of 0.82. The firm's fifty day moving average is $6.14 and its 200-day moving average is $4.99.

Read Our Latest Research Report on RFIL

NetSol Technologies (NTWK)

NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.

Shares of NetSol Technologies stock traded down $0.21 during midday trading on Thursday, reaching $4.05. 7,660 shares of the company's stock traded hands, compared to its average volume of 27,324. The company has a market cap of $47.43 million, a price-to-earnings ratio of 202.60 and a beta of 1.01. The company's 50 day simple moving average is $3.39 and its 200 day simple moving average is $2.81. NetSol Technologies has a 52 week low of $2.14 and a 52 week high of $4.59.

Read Our Latest Research Report on NTWK

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