Promising Retail Stocks To Watch Today - August 11th

Key Points

• Tesla, Apple, Microsoft, Amazon, and Micron Technology are highlighted as the top retail stocks to watch today, driven by significant trading volumes recently.
• Tesla's stock saw an increase of $12.48, reaching $342.13 with a market cap of $1.10 trillion, while Apple shares decreased by $1.30 to $227.79, with a market cap of $3.38 trillion.
• Micron Technology's stock rose by $3.69, closing at $122.58, contributing to its market cap of $137.18 billion and a notable PE ratio of 22.07.

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 publicly traded shares of companies whose primary business is selling goods directly to consumers, such as clothing chains, grocery stores, or e-commerce platforms. Owning these stocks gives investors a stake in the retailer’s profits and exposes them to trends in consumer spending and retail competition. Their share prices often rise or fall in response to changes in consumer confidence, disposable income, and broader economic conditions. 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.

TSLA stock traded up $12.48 during midday trading on Monday, reaching $342.13. The stock had a trading volume of 78,094,791 shares, compared to its average volume of 106,600,922. The company's fifty day simple moving average is $318.68 and its 200 day simple moving average is $306.71. The company has a current ratio of 2.04, a quick ratio of 1.55 and a debt-to-equity ratio of 0.07. The company has a market cap of $1.10 trillion, a price-to-earnings ratio of 198.01, a price-to-earnings-growth ratio of 11.46 and a beta of 2.33. Tesla has a 52-week low of $194.67 and a 52-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.

Shares of NASDAQ:AAPL traded down $1.30 during trading on Monday, reaching $227.79. The company had a trading volume of 39,725,392 shares, compared to its average volume of 57,851,379. The stock's fifty day moving average price is $206.84 and its 200 day moving average price is $213.07. Apple has a fifty-two week low of $169.21 and a fifty-two week high of $260.10. The firm has a market capitalization of $3.38 trillion, a price-to-earnings ratio of 34.55, a price-to-earnings-growth ratio of 2.40 and a beta of 1.16. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.87 and a quick ratio of 0.83.

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 $0.31 during trading hours on Monday, reaching $522.35. The stock had a trading volume of 9,661,403 shares, compared to its average volume of 22,255,500. Microsoft has a 1 year low of $344.79 and a 1 year high of $555.45. The firm has a 50 day simple moving average of $496.85 and a two-hundred day simple moving average of $438.17. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $3.88 trillion, a price-to-earnings ratio of 38.33, a P/E/G ratio of 2.29 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.

Shares of NASDAQ AMZN traded down $1.86 during mid-day trading on Monday, reaching $220.83. The company had a trading volume of 20,290,501 shares, compared to its average volume of 44,896,664. The stock has a market cap of $2.36 trillion, a PE ratio of 33.65, a P/E/G ratio of 1.50 and a beta of 1.31. Amazon.com has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $219.65 and a two-hundred day moving average price of $208.61.

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.

Micron Technology stock traded up $3.69 during trading hours on Monday, hitting $122.58. The stock had a trading volume of 23,745,380 shares, compared to its average volume of 23,164,674. The company has a market cap of $137.18 billion, a PE ratio of 22.07 and a beta of 1.37. The company has a quick ratio of 1.89, a current ratio of 2.75 and a debt-to-equity ratio of 0.30. The company has a 50-day moving average of $115.95 and a two-hundred day moving average of $98.07. Micron Technology has a fifty-two week low of $61.54 and a fifty-two week high of $129.85.

Read Our Latest Research Report on MU

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