Promising Telecom Stocks To Follow Today - July 2nd

Broadcom, AT&T, Quantum Computing, ServiceNow, Huntington Bancshares, Palo Alto Networks, and Arista Networks are the seven Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies that provide telecommunications services—such as voice calling, internet access, data transmission and video delivery—to consumers and businesses. These companies often feature stable cash flows, high capital expenditures for network infrastructure and regulatory oversight, making their stocks attractive to investors seeking steady dividends and long-term growth potential. 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.

AVGO stock traded up $6.64 during mid-day trading on Wednesday, reaching $271.38. 9,546,055 shares of the company's stock were exchanged, compared to its average volume of 28,743,468. The company has a market cap of $1.28 trillion, a price-to-earnings ratio of 101.53, a price-to-earnings-growth ratio of 1.96 and a beta of 1.12. The stock's 50 day moving average is $233.52 and its 200 day moving average is $216.44. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.08 and a quick ratio of 0.98. Broadcom has a 12-month low of $128.50 and a 12-month high of $277.71.

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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 stock traded down $0.46 during mid-day trading on Wednesday, reaching $28.43. 21,714,152 shares of the company's stock were exchanged, compared to its average volume of 36,348,801. The company has a market cap of $204.53 billion, a price-to-earnings ratio of 17.44, a price-to-earnings-growth ratio of 4.11 and a beta of 0.42. The stock's 50 day moving average is $27.72 and its 200 day moving average is $26.03. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.70 and a quick ratio of 0.65. AT&T has a 12-month low of $18.14 and a 12-month high of $29.19.

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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.

QUBT stock traded up $1.05 during mid-day trading on Wednesday, reaching $19.69. 26,624,079 shares of the company's stock were exchanged, compared to its average volume of 22,393,259. The company has a market cap of $2.77 billion, a price-to-earnings ratio of -40.96 and a beta of 3.96. The stock's 50 day moving average is $12.66 and its 200 day moving average is $10.68. Quantum Computing has a 12-month low of $0.35 and a 12-month high of $27.15.

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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.

NOW stock traded down $7.39 during mid-day trading on Wednesday, reaching $1,004.50. 471,281 shares of the company's stock were exchanged, compared to its average volume of 1,479,792. The company has a market cap of $207.91 billion, a price-to-earnings ratio of 136.47, a price-to-earnings-growth ratio of 4.72 and a beta of 0.94. The stock's 50 day moving average is $995.96 and its 200 day moving average is $964.39. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.12 and a quick ratio of 1.12. ServiceNow has a 12-month low of $678.66 and a 12-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.

HBAN stock traded up $0.14 during mid-day trading on Wednesday, reaching $17.32. 17,751,732 shares of the company's stock were exchanged, compared to its average volume of 18,899,095. The company has a market cap of $25.29 billion, a price-to-earnings ratio of 13.22, a price-to-earnings-growth ratio of 1.28 and a beta of 0.93. The stock's 50 day moving average is $15.64 and its 200 day moving average is $15.65. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.90 and a quick ratio of 0.89. Huntington Bancshares has a 12-month low of $11.92 and a 12-month high of $18.45.

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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.

PANW stock traded down $1.44 during mid-day trading on Wednesday, reaching $196.14. 1,564,382 shares of the company's stock were exchanged, compared to its average volume of 5,384,970. The company has a market cap of $130.79 billion, a price-to-earnings ratio of 112.07, a price-to-earnings-growth ratio of 5.71 and a beta of 0.97. The stock's 50 day moving average is $192.27 and its 200 day moving average is $185.37. Palo Alto Networks has a 12-month low of $142.01 and a 12-month high of $208.39.

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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 $0.24 during midday trading on Wednesday, hitting $99.15. The stock had a trading volume of 2,955,511 shares, compared to its average volume of 9,071,528. The company has a market capitalization of $124.53 billion, a PE ratio of 41.98, a P/E/G ratio of 2.98 and a beta of 1.40. The stock has a 50 day simple moving average of $91.29 and a 200-day simple moving average of $95.46. Arista Networks has a 1 year low of $59.43 and a 1 year high of $133.58.

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