Promising Retail Stocks To Add to Your Watchlist - July 2nd

Tesla, Apple, and Microsoft are the three Retail stocks to watch today, according to MarketBeat's stock screener tool. Retail stocks are shares of publicly traded companies whose primary business is selling goods and services directly to consumers through brick-and-mortar outlets, online platforms, or a combination of both. Examples include department stores, supermarkets, specialty retailers, and e-commerce firms. Because their performance is closely tied to consumer spending and confidence, retail stocks are often viewed as barometers of broader economic health. These companies had the highest dollar trading volume of any Retail 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 up $14.25 on Wednesday, reaching $314.96. 90,849,925 shares of the stock were exchanged, compared to its average volume of 109,958,703. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The business's 50 day moving average price is $317.99 and its 200 day moving average price is $328.19. The company has a market capitalization of $1.01 trillion, a price-to-earnings ratio of 173.18, a PEG ratio of 12.06 and a beta of 2.40. Tesla has a twelve month low of $182.00 and a twelve month high of $488.54.

Read Our Latest Research Report on TSLA

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

NASDAQ:AAPL traded up $3.64 during mid-day trading on Wednesday, reaching $211.46. 45,737,142 shares of the stock were exchanged, compared to its average volume of 58,098,324. The company has a 50 day simple moving average of $203.01 and a 200-day simple moving average of $219.45. The stock has a market capitalization of $3.16 trillion, a P/E ratio of 32.92, a P/E/G ratio of 2.29 and a beta of 1.20. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 1.18. Apple has a 1 year low of $169.21 and a 1 year high of $260.10.

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Microsoft (MSFT)

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.

Shares of NASDAQ:MSFT traded down $1.82 on Wednesday, reaching $490.23. The company's stock had a trading volume of 9,053,242 shares, compared to its average volume of 21,617,218. The stock's 50-day moving average is $454.74 and its two-hundred day moving average is $422.57. Microsoft has a 52-week low of $344.79 and a 52-week high of $500.76. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The stock has a market capitalization of $3.64 trillion, a P/E ratio of 37.89, a PEG ratio of 2.52 and a beta of 1.04.

Read Our Latest Research Report on MSFT