Growth Stocks To Research - August 2nd

Key Points

• Five notable growth stocks to watch include Circle Internet Group, Novo Nordisk A/S, BlackRock, Prologis, and Apollo Global Management, all showing significant trading volume recently.
• Growth stocks are expected to outperform the market in sales and earnings, often reinvesting profits instead of paying dividends, making them appealing to investors for capital appreciation.
• Circle Internet Group's stock has declined to $168.10 with a market capitalization of $37.41 billion, while Novo Nordisk has a market cap of $215.35 billion, reflecting the varying scale of these growth-oriented companies.

Circle Internet Group, Novo Nordisk A/S, BlackRock, Prologis, and Apollo Global Management are the five Growth stocks to watch today, according to MarketBeat's stock screener tool. Growth stocks are shares of companies expected to increase their sales and earnings at a rate significantly above the overall market. These firms typically reinvest most or all of their profits back into the business—rather than paying dividends—to fund further expansion. Investors buy growth stocks seeking capital appreciation, though they often come with higher valuation multiples and greater price volatility. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Circle Internet Group (CRCL)

Founded in 2013, Circle's mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

Shares of NYSE CRCL traded down $15.42 during midday trading on Friday, reaching $168.10. 12,861,429 shares of the stock were exchanged, compared to its average volume of 17,336,700. The stock has a market capitalization of $37.41 billion and a price-to-earnings ratio of -13,284.34. Circle Internet Group has a twelve month low of $64.00 and a twelve month high of $298.99.

Read Our Latest Research Report on CRCL

Novo Nordisk A/S (NVO)

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.

Shares of NYSE NVO traded up $1.16 during midday trading on Friday, reaching $48.23. 34,710,384 shares of the stock were exchanged, compared to its average volume of 17,615,270. The firm has a market cap of $215.35 billion, a price-to-earnings ratio of 14.27, a PEG ratio of 1.41 and a beta of 0.63. Novo Nordisk A/S has a twelve month low of $46.90 and a twelve month high of $139.74. The firm has a 50-day simple moving average of $69.26 and a two-hundred day simple moving average of $72.73. The company has a quick ratio of 0.56, a current ratio of 0.74 and a debt-to-equity ratio of 0.70.

Read Our Latest Research Report on NVO

BlackRock (BLK)

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

Shares of NYSE BLK traded down $14.72 during midday trading on Friday, reaching $1,091.29. 672,794 shares of the stock were exchanged, compared to its average volume of 646,030. The firm has a market cap of $169.07 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 2.24 and a beta of 1.42. BlackRock has a twelve month low of $773.74 and a twelve month high of $1,130.66. The firm has a 50-day simple moving average of $1,040.67 and a two-hundred day simple moving average of $981.66. The company has a quick ratio of 4.34, a current ratio of 4.34 and a debt-to-equity ratio of 0.38.

Read Our Latest Research Report on BLK

Prologis (PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.

Shares of NYSE PLD traded down $1.86 during midday trading on Friday, reaching $104.92. 6,122,816 shares of the stock were exchanged, compared to its average volume of 4,380,032. The firm has a market cap of $97.37 billion, a price-to-earnings ratio of 28.43, a PEG ratio of 2.68 and a beta of 1.21. Prologis has a twelve month low of $85.35 and a twelve month high of $132.57. The firm has a 50-day simple moving average of $107.57 and a two-hundred day simple moving average of $109.80. The company has a quick ratio of 0.41, a current ratio of 0.65 and a debt-to-equity ratio of 0.61.

Read Our Latest Research Report on PLD

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

Shares of NYSE APO traded down $7.02 during midday trading on Friday, reaching $138.30. 4,587,463 shares of the stock were exchanged, compared to its average volume of 2,360,023. The firm has a market cap of $79.04 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 1.64 and a beta of 1.59. Apollo Global Management has a twelve month low of $95.11 and a twelve month high of $189.49. The firm has a 50-day simple moving average of $140.63 and a two-hundred day simple moving average of $142.39. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.34.

Read Our Latest Research Report on APO

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