Industrial Stocks To Follow Today - August 17th

Key Points

• The seven industrial stocks currently highlighted for investors include Tesla, Broadcom, Micron Technology, First Solar, Chevron, Deere & Company, and Caterpillar.
• Tesla's stock is trading at $330.56 despite a recent drop, with a 52-week high of $488.54 and a market cap of $1.07 trillion.
• First Solar's stock increased by $19.90, reaching $199.95, and it has a market cap of $21.44 billion with robust trading volume.

Tesla, Broadcom, Micron Technology, First Solar, Chevron, Deere & Company, and Caterpillar are the seven Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of publicly traded companies that produce goods or provide services within the industrial sector—such as manufacturers of machinery, aerospace and defense firms, construction equipment suppliers, and transportation operators. Investors often view these stocks as sensitive to economic cycles, since demand for industrial products typically rises during periods of economic expansion and falls during downturns. They are frequently tracked in benchmarks like the Dow Jones Industrial Average. 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 $5.02 during trading on Friday, hitting $330.56. The company's stock had a trading volume of 74,099,060 shares, compared to its average volume of 90,268,784. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. Tesla has a 52 week low of $202.59 and a 52 week high of $488.54. The stock has a market cap of $1.07 trillion, a price-to-earnings ratio of 191.08, a price-to-earnings-growth ratio of 11.49 and a beta of 2.33. The stock has a 50-day moving average price of $320.41 and a two-hundred day moving average price of $305.24.

Read Our Latest Research Report on TSLA

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 $4.89 during trading on Friday, hitting $306.34. The company's stock had a trading volume of 22,795,520 shares, compared to its average volume of 17,011,082. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.08 and a quick ratio of 0.98. Broadcom has a 52 week low of $134.90 and a 52 week high of $317.35. The stock has a market cap of $1.44 trillion, a price-to-earnings ratio of 114.73, a price-to-earnings-growth ratio of 2.18 and a beta of 1.15. The stock has a 50-day moving average price of $278.27 and a two-hundred day moving average price of $229.79.

Read Our Latest Research Report on AVGO

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.

Shares of Micron Technology stock traded down $4.42 during trading on Friday, hitting $120.87. The company's stock had a trading volume of 18,964,487 shares, compared to its average volume of 20,422,110. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.75 and a quick ratio of 1.89. Micron Technology has a 52 week low of $61.54 and a 52 week high of $129.85. The stock has a market cap of $135.27 billion, a price-to-earnings ratio of 21.78 and a beta of 1.37. The stock has a 50-day moving average price of $118.02 and a two-hundred day moving average price of $99.13.

Read Our Latest Research Report on MU

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

Shares of First Solar stock traded up $19.90 during trading on Friday, hitting $199.95. The company's stock had a trading volume of 10,927,711 shares, compared to its average volume of 2,393,773. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.90 and a quick ratio of 1.41. First Solar has a 52 week low of $116.56 and a 52 week high of $262.72. The stock has a market cap of $21.44 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 0.39 and a beta of 1.48. The stock has a 50-day moving average price of $171.26 and a two-hundred day moving average price of $153.81.

Read Our Latest Research Report on FSLR

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.

Shares of Chevron stock traded up $1.36 during trading on Friday, hitting $156.52. The company's stock had a trading volume of 11,613,242 shares, compared to its average volume of 11,908,853. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.00 and a quick ratio of 0.74. The stock has a market cap of $270.46 billion, a price-to-earnings ratio of 20.14, a price-to-earnings-growth ratio of 2.35 and a beta of 0.87. The stock has a 50-day moving average price of $150.13 and a two-hundred day moving average price of $148.54. Chevron has a 52 week low of $132.04 and a 52 week high of $168.96.

Read Our Latest Research Report on CVX

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

Deere & Company stock traded up $9.84 during trading hours on Friday, reaching $488.68. 2,673,758 shares of the company's stock were exchanged, compared to its average volume of 1,318,860. The company has a quick ratio of 1.89, a current ratio of 2.19 and a debt-to-equity ratio of 1.76. The firm's 50 day simple moving average is $511.18 and its 200 day simple moving average is $489.97. Deere & Company has a twelve month low of $371.16 and a twelve month high of $533.78. The firm has a market capitalization of $132.35 billion, a PE ratio of 25.55, a PEG ratio of 3.10 and a beta of 1.06.

Read Our Latest Research Report on DE

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Caterpillar stock traded down $10.09 during trading hours on Friday, reaching $407.41. 3,105,803 shares of the company's stock were exchanged, compared to its average volume of 3,164,488. The company has a quick ratio of 0.81, a current ratio of 1.34 and a debt-to-equity ratio of 1.50. The firm's 50 day simple moving average is $399.63 and its 200 day simple moving average is $355.92. Caterpillar has a twelve month low of $267.30 and a twelve month high of $441.15. The firm has a market capitalization of $190.86 billion, a PE ratio of 20.72, a PEG ratio of 2.43 and a beta of 1.40.

Read Our Latest Research Report on CAT

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