Industrial Stocks To Keep An Eye On - June 29th

Tesla, Broadcom, and Micron Technology are the three Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies involved in the production and distribution of capital goods—such as machinery, aerospace and defense equipment, construction materials, and transportation vehicles. Because these businesses are closely tied to economic activity and infrastructure spending, their stock performance often mirrors the broader business cycle. 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 TSLA traded down $2.15 during trading hours on Friday, reaching $323.63. 88,778,334 shares of the stock traded hands, compared to its average volume of 101,976,695. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The stock has a fifty day simple moving average of $314.93 and a 200 day simple moving average of $329.82. Tesla has a 52 week low of $182.00 and a 52 week high of $488.54. The company has a market cap of $1.04 trillion, a price-to-earnings ratio of 177.82, a PEG ratio of 12.10 and a beta of 2.47.

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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.

AVGO stock traded down $0.82 during mid-day trading on Friday, hitting $269.35. The company had a trading volume of 27,450,264 shares, compared to its average volume of 28,910,988. The firm has a market cap of $1.27 trillion, a PE ratio of 100.88, a price-to-earnings-growth ratio of 1.92 and a beta of 1.11. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.98 and a current ratio of 1.08. Broadcom has a 12 month low of $128.50 and a 12 month high of $271.85. The stock's fifty day moving average price is $229.43 and its two-hundred day moving average price is $215.50.

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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.

MU stock traded down $1.24 during mid-day trading on Friday, hitting $124.76. The company had a trading volume of 36,813,002 shares, compared to its average volume of 23,307,672. The firm has a market cap of $139.43 billion, a PE ratio of 22.48 and a beta of 1.28. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 3.13. Micron Technology has a 12 month low of $61.54 and a 12 month high of $137.13. The stock's fifty day moving average price is $98.71 and its two-hundred day moving average price is $94.18.

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