Promising Retail Stocks To Follow Now - August 7th

Key Points

• Tesla, Apple, Amazon, Microsoft, UnitedHealth Group, Shopify, and Uber Technologies are highlighted as key retail stocks to monitor based on high trading volumes and overall market performance.
• Tesla's stock has shown significant volatility with a fifty-two week range between $192.04 and $488.54, and it has a market capitalization of $1.03 trillion.
• Apple and Amazon also remain pivotal, with respective market capitalizations of $3.27 trillion and $2.36 trillion, as both companies continue to drive consumer technology sales.

Tesla, Apple, Amazon.com, Microsoft, UnitedHealth Group, Shopify, and Uber Technologies are the seven Retail stocks to watch today, according to MarketBeat's stock screener tool. Retail stocks are shares of publicly traded companies whose core business is selling goods or services directly to consumers through brick-and-mortar stores, online platforms, or both. Their performance is closely tied to consumer spending patterns, seasonal demand cycles, and inventory management efficiencies. Investors often evaluate metrics such as same-store sales growth, foot traffic or website traffic, and profit margins to assess the health of retail stocks. 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 traded up $0.38 on Thursday, hitting $320.29. The company's stock had a trading volume of 55,801,604 shares, compared to its average volume of 106,832,445. The company has a quick ratio of 1.55, a current ratio of 2.04 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.03 trillion, a price-to-earnings ratio of 185.00, a P/E/G ratio of 10.85 and a beta of 2.33. The firm's fifty day moving average price is $319.80 and its 200-day moving average price is $309.56. Tesla has a fifty-two week low of $192.04 and a fifty-two week 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.

AAPL stock traded up $6.78 during trading hours on Thursday, reaching $220.03. 73,643,148 shares of the stock were exchanged, compared to its average volume of 57,478,195. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.87 and a quick ratio of 0.83. The company has a market cap of $3.27 trillion, a price-to-earnings ratio of 33.38, a PEG ratio of 2.13 and a beta of 1.16. The firm's 50-day moving average is $205.84 and its 200-day moving average is $213.24. Apple has a 12 month low of $169.21 and a 12 month high of $260.10.

Read Our Latest Research Report on AAPL

Amazon.com (AMZN)

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

NASDAQ:AMZN traded down $0.72 during trading hours on Thursday, reaching $221.59. 31,470,977 shares of the stock were exchanged, compared to its average volume of 45,083,840. The firm has a 50 day moving average of $218.92 and a 200 day moving average of $209.05. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock has a market cap of $2.36 trillion, a PE ratio of 33.78, a PEG ratio of 1.44 and a beta of 1.31. Amazon.com has a twelve month low of $161.38 and a twelve month high of $242.52.

Read Our Latest Research Report on AMZN

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 $5.84 during midday trading on Thursday, reaching $519.10. The company had a trading volume of 10,804,221 shares, compared to its average volume of 22,350,998. Microsoft has a 1-year low of $344.79 and a 1-year high of $555.45. The stock has a market cap of $3.86 trillion, a PE ratio of 38.05, a P/E/G ratio of 2.31 and a beta of 1.06. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. The business's 50 day moving average price is $494.34 and its 200 day moving average price is $437.01.

Read Our Latest Research Report on MSFT

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

UnitedHealth Group stock traded down $1.91 during mid-day trading on Thursday, hitting $243.87. 9,563,774 shares of the company's stock traded hands, compared to its average volume of 12,103,701. UnitedHealth Group has a fifty-two week low of $234.60 and a fifty-two week high of $630.73. The stock has a market cap of $221.22 billion, a price-to-earnings ratio of 10.56, a P/E/G ratio of 1.62 and a beta of 0.43. The firm has a 50 day simple moving average of $293.86 and a two-hundred day simple moving average of $410.54. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85.

Read Our Latest Research Report on UNH

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

SHOP traded down $4.36 during trading on Thursday, hitting $150.54. The stock had a trading volume of 13,783,779 shares, compared to its average volume of 10,542,251. Shopify has a one year low of $63.91 and a one year high of $156.85. The firm has a market cap of $195.31 billion, a price-to-earnings ratio of 97.11, a P/E/G ratio of 4.82 and a beta of 2.63. The company has a 50 day moving average price of $115.74 and a 200-day moving average price of $107.22.

Read Our Latest Research Report on SHOP

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Shares of UBER stock traded up $3.17 on Thursday, hitting $92.39. The company's stock had a trading volume of 21,723,530 shares, compared to its average volume of 22,326,684. The stock's 50 day moving average is $89.17 and its 200-day moving average is $80.74. Uber Technologies has a fifty-two week low of $59.33 and a fifty-two week high of $97.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market capitalization of $193.19 billion, a PE ratio of 16.16, a PEG ratio of 1.03 and a beta of 1.43.

Read Our Latest Research Report on UBER

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