Promising Industrial Stocks To Follow Today - August 4th

Key Points

• Tesla, Broadcom, and Chart Industries are highlighted as key industrial stocks to monitor due to their significant trading volumes and economic impact.
• Tesla's stock is currently priced at $308.26 with a market cap of $994.28 billion and a P/E ratio of 178.16.
• Broadcom has a market capitalization of $1.40 trillion and its stock is trading at $297.36, reflecting a notable increase in its trading activity.

Tesla, Broadcom, and Chart Industries are the three Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies engaged in the production of goods, the manufacture of machinery and equipment, and the provision of related industrial services. This sector includes firms in aerospace, defense, construction equipment, transportation and logistics. Because their revenues depend heavily on economic activity, industrial stocks often rise during expansions and lag behind in downturns. 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.

TSLA traded up $5.63 on Monday, reaching $308.26. The company had a trading volume of 54,169,253 shares, compared to its average volume of 107,525,070. Tesla has a fifty-two week low of $182.00 and a fifty-two week high of $488.54. The stock has a market cap of $994.28 billion, a P/E ratio of 178.16, a P/E/G ratio of 10.63 and a beta of 2.33. The company's fifty day moving average is $322.22 and its 200 day moving average is $310.31. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.55 and a current ratio of 2.04.

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 NASDAQ:AVGO traded up $8.72 on Monday, reaching $297.36. 7,418,844 shares of the company's stock were exchanged, compared to its average volume of 26,749,971. The company has a fifty day moving average of $266.56 and a 200-day moving average of $224.50. Broadcom has a twelve month low of $128.50 and a twelve month high of $306.95. The company has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 111.37, a PEG ratio of 2.05 and a beta of 1.15. The company has a current ratio of 1.08, a quick ratio of 0.98 and a debt-to-equity ratio of 0.89.

Read Our Latest Research Report on AVGO

Chart Industries (GTLS)

Chart Industries, Inc. engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.

Shares of NYSE:GTLS traded down $0.16 on Monday, reaching $198.59. 7,590,334 shares of the company's stock were exchanged, compared to its average volume of 1,153,542. The company has a fifty day moving average of $162.50 and a 200-day moving average of $163.55. Chart Industries has a twelve month low of $101.60 and a twelve month high of $220.03. The company has a market capitalization of $8.92 billion, a price-to-earnings ratio of 36.91, a PEG ratio of 1.15 and a beta of 1.59. The company has a current ratio of 1.55, a quick ratio of 1.27 and a debt-to-equity ratio of 1.04.

Read Our Latest Research Report on GTLS

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