Tesla, Broadcom, Micron Technology, First Solar, Synopsys, Chevron, and Cadence Design Systems are the seven Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies engaged in the production of machinery, equipment, transportation vehicles and other capital goods used in manufacturing and construction. These equities often include firms in aerospace, defense, industrial machinery, and building materials, and tend to be sensitive to economic cycles as demand for their products rises and falls with overall industrial activity. 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 $2.09 during trading on Friday, hitting $313.56. 58,042,302 shares of the stock traded hands, compared to its average volume of 100,923,382. The company has a fifty day moving average price of $320.93 and a two-hundred day moving average price of $325.13. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. Tesla has a twelve month low of $182.00 and a twelve month high of $488.54. The stock has a market cap of $1.01 trillion, a P/E ratio of 172.29, a PEG ratio of 9.17 and a beta of 2.39.
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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.
Shares of AVGO stock traded up $4.97 during trading on Friday, reaching $274.87. The company had a trading volume of 10,592,655 shares, compared to its average volume of 28,575,138. The firm's 50 day simple moving average is $238.77 and its two-hundred day simple moving average is $217.17. 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 one year low of $128.50 and a one year high of $277.71. The company has a market capitalization of $1.29 trillion, a PE ratio of 102.95, a PEG ratio of 1.96 and a beta of 1.12.
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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.
Shares of MU stock traded up $0.29 during trading on Friday, reaching $122.03. The company had a trading volume of 13,247,931 shares, compared to its average volume of 23,307,873. The firm's 50 day simple moving average is $103.57 and its two-hundred day simple moving average is $94.80. 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 one year low of $61.54 and a one year high of $136.50. The company has a market capitalization of $136.56 billion, a PE ratio of 21.99 and a beta of 1.35.
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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.
NASDAQ FSLR traded up $14.91 during trading on Friday, hitting $185.43. The company's stock had a trading volume of 6,399,688 shares, compared to its average volume of 3,236,857. The company has a quick ratio of 1.39, a current ratio of 1.93 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average price of $156.66 and a 200 day moving average price of $154.63. The firm has a market cap of $19.89 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 0.37 and a beta of 1.52. First Solar has a 52 week low of $116.56 and a 52 week high of $262.72.
Read Our Latest Research Report on FSLR
Synopsys (SNPS)
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.
NASDAQ SNPS traded up $23.65 during trading on Friday, hitting $546.76. The company's stock had a trading volume of 2,020,024 shares, compared to its average volume of 1,177,980. The company has a quick ratio of 6.85, a current ratio of 7.02 and a debt-to-equity ratio of 1.01. The firm has a 50 day moving average price of $489.89 and a 200 day moving average price of $478.05. The firm has a market cap of $84.83 billion, a P/E ratio of 39.48, a price-to-earnings-growth ratio of 3.62 and a beta of 1.12. Synopsys has a 52 week low of $365.74 and a 52 week high of $624.80.
Read Our Latest Research Report on SNPS
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.
NYSE CVX traded up $0.25 during trading on Friday, hitting $148.23. The company's stock had a trading volume of 5,173,309 shares, compared to its average volume of 8,281,546. The company has a quick ratio of 0.82, a current ratio of 1.08 and a debt-to-equity ratio of 0.17. The firm has a 50 day moving average price of $141.16 and a 200 day moving average price of $148.10. The firm has a market cap of $258.86 billion, a P/E ratio of 16.94, a price-to-earnings-growth ratio of 2.51 and a beta of 0.83. Chevron has a 52 week low of $132.04 and a 52 week high of $168.96.
Read Our Latest Research Report on CVX
Cadence Design Systems (CDNS)
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.
NASDAQ CDNS traded up $17.54 during trading on Friday, hitting $328.49. The company's stock had a trading volume of 2,274,696 shares, compared to its average volume of 2,031,684. The company has a quick ratio of 2.90, a current ratio of 3.07 and a debt-to-equity ratio of 0.52. The firm has a 50 day moving average price of $305.50 and a 200 day moving average price of $286.81. The firm has a market cap of $89.69 billion, a P/E ratio of 83.16, a price-to-earnings-growth ratio of 4.53 and a beta of 0.99. Cadence Design Systems has a 52 week low of $221.56 and a 52 week high of $330.09.
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Further Reading
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