Real Estate Stocks To Consider - August 4th

Key Points

• MarketBeat identifies Bank of America, Wells Fargo & Company, and MercadoLibre as the top real estate stocks to watch, all of which have high trading volumes.
• Bank of America has a market capitalization of $338.99 billion, with a PE ratio of 13.38 and a recent share price of $45.77.
• MercadoLibre is notable for its high stock price of $2,405.57, and it operates two major online platforms for commerce and financial transactions.

Bank of America, Wells Fargo & Company, and MercadoLibre are the three Real Estate stocks to watch today, according to MarketBeat's stock screener tool. Real estate stocks are shares of publicly traded companies whose primary business involves owning, developing, managing or financing real properties such as office buildings, apartments and shopping centers. Many of these companies operate as real estate investment trusts (REITs), which are required to distribute a large portion of their income as dividends. Investing in real estate stocks offers exposure to property markets, combining potential rental income and capital appreciation with the liquidity of stock trading. These companies had the highest dollar trading volume of any Real Estate stocks within the last several days.

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

NYSE:BAC traded up $0.11 during mid-day trading on Monday, reaching $45.77. The company's stock had a trading volume of 15,202,658 shares, compared to its average volume of 42,857,820. The firm has a market capitalization of $338.99 billion, a PE ratio of 13.38, a price-to-earnings-growth ratio of 1.78 and a beta of 1.31. The stock has a fifty day moving average of $46.27 and a 200-day moving average of $43.77. Bank of America has a 1 year low of $33.06 and a 1 year high of $49.31. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 1.14.

Read Our Latest Research Report on BAC

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

Shares of NYSE WFC traded down $0.37 during midday trading on Monday, reaching $77.41. 8,273,964 shares of the stock were exchanged, compared to its average volume of 17,533,658. Wells Fargo & Company has a twelve month low of $50.15 and a twelve month high of $84.83. The firm has a market cap of $251.92 billion, a price-to-earnings ratio of 13.26, a PEG ratio of 1.21 and a beta of 1.20. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 1.06. The firm has a 50-day simple moving average of $78.56 and a two-hundred day simple moving average of $74.93.

Read Our Latest Research Report on WFC

MercadoLibre (MELI)

MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.

Shares of NASDAQ MELI traded up $29.65 during trading on Monday, hitting $2,405.57. 252,801 shares of the company were exchanged, compared to its average volume of 388,357. The firm has a market capitalization of $121.96 billion, a PE ratio of 59.16, a P/E/G ratio of 1.41 and a beta of 1.46. MercadoLibre has a 12-month low of $1,646.00 and a 12-month high of $2,645.22. The company has a fifty day moving average price of $2,455.84 and a 200-day moving average price of $2,229.19. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.18 and a current ratio of 1.20.

Read Our Latest Research Report on MELI

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