Promising Telecom Stocks To Follow Today - July 17th

Broadcom, ServiceNow, Huntington Bancshares, Arista Networks, Palo Alto Networks, Quantum Computing, and AT&T are the seven Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies that build, maintain and operate voice, data and video communication networks—ranging from mobile carriers and fixed-line providers to satellite and broadband operators. Known for heavy capital requirements and regulated environments, these stocks often deliver stable cash flows and dividends but can be sensitive to technological shifts and policy changes. These companies had the highest dollar trading volume of any Telecom stocks within the last several days.

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 Broadcom stock traded up $5.06 during trading hours on Thursday, hitting $285.87. The company's stock had a trading volume of 10,128,403 shares, compared to its average volume of 27,937,863. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.08 and a quick ratio of 0.98. The company has a market capitalization of $1.34 trillion, a PE ratio of 107.16, a price-to-earnings-growth ratio of 2.00 and a beta of 1.12. The stock has a 50 day moving average of $251.34 and a 200 day moving average of $219.63. Broadcom has a 12 month low of $128.50 and a 12 month high of $288.21.

Read Our Latest Research Report on AVGO

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

NYSE NOW traded down $4.39 during trading hours on Thursday, hitting $962.58. 688,192 shares of the company traded hands, compared to its average volume of 1,485,703. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.12 and a current ratio of 1.12. The business's 50-day moving average is $1,007.21 and its 200-day moving average is $957.83. The stock has a market capitalization of $199.24 billion, a price-to-earnings ratio of 130.80, a P/E/G ratio of 4.40 and a beta of 0.94. ServiceNow has a twelve month low of $678.66 and a twelve month high of $1,198.09.

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Huntington Bancshares (HBAN)

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.

NASDAQ:HBAN traded up $0.29 on Thursday, hitting $16.93. The company's stock had a trading volume of 35,430,217 shares, compared to its average volume of 19,520,002. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.98. The stock has a fifty day moving average of $16.21 and a two-hundred day moving average of $15.72. The firm has a market capitalization of $24.73 billion, a P/E ratio of 12.93, a price-to-earnings-growth ratio of 1.24 and a beta of 0.93. Huntington Bancshares has a one year low of $11.92 and a one year high of $18.45.

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Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

Shares of NYSE ANET traded up $3.17 during trading hours on Thursday, reaching $111.47. 4,640,933 shares of the stock were exchanged, compared to its average volume of 9,168,341. The firm has a market capitalization of $140.00 billion, a price-to-earnings ratio of 47.18, a P/E/G ratio of 3.13 and a beta of 1.40. Arista Networks has a 52 week low of $59.43 and a 52 week high of $133.58. The stock's fifty day simple moving average is $96.18 and its 200 day simple moving average is $94.99.

Read Our Latest Research Report on ANET

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

NASDAQ PANW traded up $3.22 on Thursday, reaching $195.81. The stock had a trading volume of 2,463,475 shares, compared to its average volume of 5,401,827. Palo Alto Networks has a 1-year low of $142.01 and a 1-year high of $208.39. The firm has a fifty day moving average of $195.25 and a two-hundred day moving average of $185.85. The company has a market cap of $130.56 billion, a P/E ratio of 112.01, a price-to-earnings-growth ratio of 5.37 and a beta of 0.97.

Read Our Latest Research Report on PANW

Quantum Computing (QUBT)

Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.

Shares of NASDAQ QUBT traded up $0.91 during mid-day trading on Thursday, hitting $19.31. 18,930,149 shares of the stock traded hands, compared to its average volume of 23,129,063. Quantum Computing has a twelve month low of $0.53 and a twelve month high of $27.15. The company has a market cap of $3.05 billion, a PE ratio of -40.03 and a beta of 3.96. The firm has a 50 day simple moving average of $15.34 and a two-hundred day simple moving average of $10.85.

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AT&T (T)

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

T traded up $0.04 during midday trading on Thursday, hitting $26.99. 12,477,211 shares of the company were exchanged, compared to its average volume of 36,380,051. The firm has a market capitalization of $194.17 billion, a P/E ratio of 16.54, a P/E/G ratio of 3.37 and a beta of 0.42. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 0.98. The firm's 50 day moving average price is $27.77 and its 200-day moving average price is $26.38. AT&T has a 1-year low of $18.14 and a 1-year high of $29.19.

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