Promising Retail Stocks To Keep An Eye On - August 9th

Key Points

• Tesla, Apple, Microsoft, Amazon.com, and Micron Technology are highlighted as the top retail stocks to monitor, reflecting significant trading volumes and consumer spending trends.
• Tesla's stock price reached $329.61 with a trading volume of over 90 million shares, while its market cap stands at $1.06 trillion, indicating substantial investor interest despite market volatility.
• Apple's market capitalization is at $3.40 trillion, with shares trading at $229.35, demonstrating the company's robust performance within the competitive tech retail sector.

Tesla, Apple, Microsoft, Amazon.com, and Micron Technology are the five Retail stocks to watch today, according to MarketBeat's stock screener tool. Retail stocks are the publicly traded shares of companies that sell goods and services directly to individual consumers, such as department stores, online marketplaces, and specialty shops. Their performance reflects consumer spending trends, inventory management, and broader economic conditions. Investors often track retail stocks to gauge the health of the consumer sector. 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 Tesla stock traded up $7.34 during trading on Friday, reaching $329.61. The company's stock had a trading volume of 90,979,625 shares, compared to its average volume of 89,568,456. Tesla has a 52-week low of $194.67 and a 52-week high of $488.54. The company has a market cap of $1.06 trillion, a price-to-earnings ratio of 190.53, a PEG ratio of 11.32 and a beta of 2.33. The firm's 50-day moving average is $318.68 and its two-hundred day moving average is $308.19. The company has a quick ratio of 1.55, a current ratio of 2.04 and a debt-to-equity ratio of 0.07.

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.

Shares of Apple stock traded up $9.32 during trading on Friday, reaching $229.35. The company's stock had a trading volume of 113,661,399 shares, compared to its average volume of 56,719,256. Apple has a 52-week low of $169.21 and a 52-week high of $260.10. The company has a market cap of $3.40 trillion, a price-to-earnings ratio of 34.80, a PEG ratio of 2.30 and a beta of 1.16. The firm's 50-day moving average is $206.84 and its two-hundred day moving average is $213.21. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 1.25.

Read Our Latest Research Report on AAPL

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 Microsoft stock traded up $1.20 during trading on Friday, reaching $522.04. The company's stock had a trading volume of 15,514,819 shares, compared to its average volume of 19,829,278. The firm's 50-day moving average is $496.85 and its two-hundred day moving average is $438.29. Microsoft has a 52-week low of $344.79 and a 52-week high of $555.45. 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 company has a market cap of $3.88 trillion, a price-to-earnings ratio of 38.27, a PEG ratio of 2.28 and a beta of 1.06.

Read Our Latest Research Report on MSFT

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 $0.44 during midday trading on Friday, reaching $222.69. 32,911,537 shares of the stock traded hands, compared to its average volume of 47,624,592. The company has a fifty day moving average of $219.65 and a 200 day moving average of $208.98. Amazon.com has a 12 month low of $161.38 and a 12 month high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a market capitalization of $2.37 trillion, a P/E ratio of 33.95, a PEG ratio of 1.50 and a beta of 1.31.

Read Our Latest Research Report on AMZN

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.

NASDAQ:MU traded up $7.02 during midday trading on Friday, reaching $118.89. 28,916,857 shares of the stock traded hands, compared to its average volume of 21,298,196. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.89 and a current ratio of 2.75. Micron Technology has a 12 month low of $61.54 and a 12 month high of $129.85. The stock has a market capitalization of $133.05 billion, a P/E ratio of 21.42 and a beta of 1.37. The company has a fifty day moving average of $115.95 and a 200 day moving average of $98.19.

Read Our Latest Research Report on MU

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