Infrastructure Stocks To Add to Your Watchlist - November 8th

Key Points

• MarketBeat’s high-trading-volume infrastructure watchlist features Marvell Technology, Vertiv, Quanta Services, Astera Labs, and Datadog, spanning data-center semiconductors, digital infrastructure, utilities, and cloud software.
• All five stocks rose in Friday trading, but each remained well below its 50-day moving average, suggesting they had pulled back substantially from recent levels.
• The article notes infrastructure companies may benefit from steady demand and recurring revenue, while facing risks from regulation, interest rates, and high capital costs.

Marvell Technology, Vertiv, Quanta Services, Astera Labs, and Datadog are the five Infrastructure stocks to watch today, according to MarketBeat's stock screener tool. Infrastructure stocks are shares of companies that own, build, or operate essential systems such as utilities, roads, ports, pipelines, and telecommunications networks. Investors may value them for steady demand and recurring revenue, though their performance can be affected by regulation, interest rates, and large capital costs. These companies had the highest dollar trading volume of any Infrastructure stocks within the last several days.

Marvell Technology (MRVL)

Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.

NASDAQ:MRVL traded up $7.65 during mid-day trading on Friday, reaching $141.20. 33,436,101 shares of the company's stock were exchanged, compared to its average volume of 27,845,882. Marvell Technology has a one year low of $70.68 and a one year high of $329.88. The firm has a market capitalization of $123.82 billion, a PE ratio of 46.60, a price-to-earnings-growth ratio of 4.22 and a beta of 2.32. The business's fifty day simple moving average is $234.31 and its two-hundred day simple moving average is $184.23. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.62 and a current ratio of 3.17.

Read Our Latest Research Report on MRVL

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Vertiv stock traded up $5.76 during midday trading on Friday, hitting $182.49. The company's stock had a trading volume of 9,624,826 shares, compared to its average volume of 8,335,738. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.39 and a quick ratio of 1.01. The company has a market cap of $70.26 billion, a price-to-earnings ratio of 34.11, a PEG ratio of 0.58 and a beta of 2.11. Vertiv has a 1-year low of $147.82 and a 1-year high of $379.93. The company has a 50-day moving average price of $236.97 and a two-hundred day moving average price of $269.74.

Read Our Latest Research Report on VRT

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

Shares of NYSE:PWR traded up $31.82 on Friday, reaching $540.88. 2,775,356 shares of the company's stock were exchanged, compared to its average volume of 1,612,821. The company has a fifty day moving average of $628.83 and a 200-day moving average of $626.39. Quanta Services has a twelve month low of $408.36 and a twelve month high of $788.75. The company has a market capitalization of $81.50 billion, a price-to-earnings ratio of 48.99, a PEG ratio of 1.38 and a beta of 1.29. The company has a current ratio of 1.16, a quick ratio of 1.13 and a debt-to-equity ratio of 0.60.

Read Our Latest Research Report on PWR

Astera Labs (ALAB)

Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale.

Shares of ALAB traded up $11.24 during mid-day trading on Friday, hitting $190.71. 6,642,738 shares of the company's stock were exchanged, compared to its average volume of 4,651,410. The firm has a market cap of $33.33 billion, a price-to-earnings ratio of 75.98 and a beta of 3.85. The stock's 50-day simple moving average is $300.46 and its 200-day simple moving average is $255.80. Astera Labs has a 52 week low of $97.89 and a 52 week high of $499.48.

Read Our Latest Research Report on ALAB

Datadog (DDOG)

Datadog, Inc. operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.

NASDAQ:DDOG traded up $4.44 during trading hours on Friday, reaching $179.04. 5,937,232 shares of the company were exchanged, compared to its average volume of 4,229,432. The company has a market capitalization of $64.29 billion, a P/E ratio of 252.17, a P/E/G ratio of 17.46 and a beta of 1.50. Datadog has a 1-year low of $98.01 and a 1-year high of $300.68. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.51 and a quick ratio of 3.20. The business has a 50 day moving average of $247.75 and a 200 day moving average of $200.01.

Read Our Latest Research Report on DDOG

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