Promising Agriculture Stocks To Consider - July 30th

Key Points

• Norfolk Southern, Bloom Energy, Chubb, Deere & Company, and Bunge Global are highlighted as key agriculture stocks to watch due to their high trading volumes recently.
• Norfolk Southern Corporation reported a trading volume of over 2.6 million shares and a market cap of $63.37 billion, reflecting significant investor interest.
• Bunge Global SA has seen its shares rise to $80.91 with a market cap of $10.87 billion, indicating a favorable position in the agribusiness sector.

Norfolk Southern, Bloom Energy, Chubb, Deere & Company, and Bunge Global are the five Agriculture stocks to watch today, according to MarketBeat's stock screener tool. Agriculture stocks are equity securities issued by companies involved in the production, processing, and distribution of agricultural goods—ranging from crop and livestock farming to providers of seeds, fertilizers, machinery and food‐processing services. By buying these shares, investors gain exposure to the performance of the global food supply chain. Their returns often fluctuate with commodity prices, weather events, technological advances and trade or regulatory policies. These companies had the highest dollar trading volume of any Agriculture stocks within the last several days.

Norfolk Southern (NSC)

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.

NSC traded up $3.38 on Wednesday, hitting $281.08. The company had a trading volume of 2,668,803 shares, compared to its average volume of 1,489,991. The company has a market cap of $63.37 billion, a PE ratio of 19.21, a PEG ratio of 2.35 and a beta of 1.31. Norfolk Southern has a 12-month low of $201.63 and a 12-month high of $288.11. The company has a quick ratio of 0.70, a current ratio of 0.78 and a debt-to-equity ratio of 1.15. The business's fifty day simple moving average is $257.71 and its 200 day simple moving average is $243.92.

Read Our Latest Research Report on NSC

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

BE traded up $2.97 on Wednesday, hitting $37.72. The company had a trading volume of 9,385,626 shares, compared to its average volume of 6,841,018. The company has a market cap of $8.76 billion, a PE ratio of -754.25 and a beta of 3.22. Bloom Energy has a 12-month low of $9.02 and a 12-month high of $37.76. The company has a quick ratio of 2.39, a current ratio of 3.44 and a debt-to-equity ratio of 2.07. The business's fifty day simple moving average is $23.41 and its 200 day simple moving average is $22.16.

Read Our Latest Research Report on BE

Chubb (CB)

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.

CB traded down $1.08 on Wednesday, hitting $267.47. The company had a trading volume of 1,024,182 shares, compared to its average volume of 1,797,344. The company has a market cap of $107.18 billion, a PE ratio of 11.79, a PEG ratio of 3.02 and a beta of 0.53. Chubb has a 12-month low of $252.16 and a 12-month high of $306.91. The company has a quick ratio of 0.28, a current ratio of 0.34 and a debt-to-equity ratio of 0.21. The business's fifty day simple moving average is $283.50 and its 200 day simple moving average is $282.42.

Read Our Latest Research Report on CB

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.

NYSE DE traded down $0.34 during trading on Wednesday, hitting $512.16. The stock had a trading volume of 507,890 shares, compared to its average volume of 1,336,768. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.89 and a current ratio of 2.11. The stock has a 50 day simple moving average of $512.40 and a 200 day simple moving average of $485.72. Deere & Company has a one year low of $340.20 and a one year high of $533.78. The stock has a market capitalization of $138.71 billion, a price-to-earnings ratio of 24.71, a P/E/G ratio of 3.24 and a beta of 1.08.

Read Our Latest Research Report on DE

Bunge Global (BG)

Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn; and processes oilseeds into vegetable oils and protein meals.

Shares of NYSE BG traded up $4.57 during midday trading on Wednesday, hitting $80.91. The company's stock had a trading volume of 2,394,332 shares, compared to its average volume of 1,801,412. The company has a current ratio of 2.04, a quick ratio of 1.12 and a debt-to-equity ratio of 0.41. The business's 50 day moving average is $78.32 and its two-hundred day moving average is $76.69. Bunge Global has a 12-month low of $67.40 and a 12-month high of $107.44. The firm has a market cap of $10.87 billion, a P/E ratio of 10.26, a price-to-earnings-growth ratio of 3.80 and a beta of 0.67.

Read Our Latest Research Report on BG