Industrial Stocks To Add to Your Watchlist - May 30th

Tesla, Broadcom, Micron Technology, United States Steel, GE Aerospace, Chevron, and Synopsys are the seven Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies that manufacture and distribute capital goods—such as machinery, equipment and industrial services—including sectors like aerospace, defense, construction and transportation. Their performance tends to track economic cycles, since demand for infrastructure, manufacturing output and logistics directly drives their revenues. These companies had the highest dollar trading volume of any Industrial stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of Tesla stock traded down $9.52 on Friday, hitting $348.91. The company had a trading volume of 60,696,746 shares, compared to its average volume of 97,721,559. The business has a 50-day simple moving average of $285.70 and a 200-day simple moving average of $333.80. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. The company has a market cap of $1.12 trillion, a PE ratio of 170.64, a PEG ratio of 5.86 and a beta of 2.43. Tesla has a 52 week low of $167.41 and a 52 week high of $488.54.

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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 Broadcom stock traded down $4.91 on Friday, hitting $237.07. The company had a trading volume of 7,829,096 shares, compared to its average volume of 30,930,114. The business has a 50-day simple moving average of $194.36 and a 200-day simple moving average of $202.79. 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 has a market cap of $1.11 trillion, a PE ratio of 193.24, a PEG ratio of 2.29 and a beta of 1.04. Broadcom has a 52 week low of $128.50 and a 52 week high of $251.88.

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Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

NASDAQ:MU traded down $3.29 during trading hours on Friday, reaching $93.51. 7,723,834 shares of the company's stock were exchanged, compared to its average volume of 23,432,073. The company has a market capitalization of $104.50 billion, a P/E ratio of 26.96 and a beta of 1.21. Micron Technology has a 12 month low of $61.54 and a 12 month high of $157.54. The company has a quick ratio of 1.75, a current ratio of 2.72 and a debt-to-equity ratio of 0.28. The business's 50-day simple moving average is $82.54 and its two-hundred day simple moving average is $92.04.

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United States Steel (X)

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.

NYSE:X traded up $0.37 during trading hours on Friday, reaching $53.60. 9,726,105 shares of the company's stock were exchanged, compared to its average volume of 7,678,078. The company has a market capitalization of $12.14 billion, a P/E ratio of 35.97, a price-to-earnings-growth ratio of 1.53 and a beta of 1.82. United States Steel has a 12 month low of $26.92 and a 12 month high of $54.00. The company has a quick ratio of 0.91, a current ratio of 1.55 and a debt-to-equity ratio of 0.36. The business's 50-day simple moving average is $43.21 and its two-hundred day simple moving average is $39.00.

Read Our Latest Research Report on X

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

NYSE:GE traded up $0.27 during trading hours on Friday, reaching $244.43. 2,005,096 shares of the company's stock were exchanged, compared to its average volume of 5,769,165. The company has a market capitalization of $260.66 billion, a P/E ratio of 40.80, a price-to-earnings-growth ratio of 2.59 and a beta of 1.31. GE Aerospace has a 12 month low of $150.20 and a 12 month high of $246.00. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. The business's 50-day simple moving average is $204.52 and its two-hundred day simple moving average is $193.17.

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Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

CVX traded down $2.32 during trading on Friday, reaching $135.59. The company had a trading volume of 3,559,553 shares, compared to its average volume of 8,775,686. The firm's 50-day simple moving average is $142.47 and its 200 day simple moving average is $150.70. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.80 and a current ratio of 1.07. The company has a market cap of $236.80 billion, a price-to-earnings ratio of 13.96, a PEG ratio of 1.46 and a beta of 0.83. Chevron has a 12-month low of $132.04 and a 12-month high of $168.96.

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Synopsys (SNPS)

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.

Shares of SNPS traded up $2.25 during midday trading on Friday, hitting $457.24. The stock had a trading volume of 975,816 shares, compared to its average volume of 1,134,448. The business has a 50-day simple moving average of $453.40 and a two-hundred day simple moving average of $486.73. The firm has a market cap of $70.70 billion, a P/E ratio of 31.45, a price-to-earnings-growth ratio of 3.23 and a beta of 1.16. Synopsys has a fifty-two week low of $365.74 and a fifty-two week high of $624.80.

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