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 publicly traded companies that manufacture goods and provide services used in construction, manufacturing, transportation and infrastructure. They include firms in sectors such as aerospace, machinery, defense and freight, and tend to be sensitive to economic growth and interest-rate cycles. Investors often hold industrial stocks to gain exposure to the broader health of the economy. 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 stock traded down $2.97 during trading on Thursday, hitting $316.94. 47,783,178 shares of the company were exchanged, compared to its average volume of 106,776,750. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.55 and a current ratio of 2.04. Tesla has a twelve month low of $192.04 and a twelve month high of $488.54. The business's 50-day simple moving average is $319.80 and its 200 day simple moving average is $309.56. The firm has a market capitalization of $1.02 trillion, a price-to-earnings ratio of 183.03, a P/E/G ratio of 10.85 and a beta of 2.33.
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 AVGO stock traded down $0.85 on Thursday, hitting $300.82. The company's stock had a trading volume of 10,692,164 shares, compared to its average volume of 26,588,352. The firm's fifty day moving average price is $270.33 and its 200-day moving average price is $225.92. 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 fifty-two week low of $134.90 and a fifty-two week high of $310.34. The stock has a market capitalization of $1.41 trillion, a price-to-earnings ratio of 112.41, a P/E/G ratio of 2.08 and a beta of 1.15.
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.
MU stock traded up $2.57 on Thursday, reaching $111.35. 13,204,177 shares of the company were exchanged, compared to its average volume of 23,083,207. Micron Technology has a 12 month low of $61.54 and a 12 month high of $129.85. The firm has a market capitalization of $124.61 billion, a PE ratio of 20.08 and a beta of 1.37. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.75 and a quick ratio of 1.89. The stock's fifty day moving average price is $115.16 and its 200 day moving average price is $98.09.
Read Our Latest Research Report on MU
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tesla, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tesla wasn't on the list.
While Tesla currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
