Retail Stocks To Consider - August 8th

Key Points

• Tesla shares rose by $7.68 to $329.95, with a significant trading volume of 68,318,174, despite its average being higher at 106,643,031.
• Apple saw its stock price increase by $10.07 to $230.10, with a market capitalization of $3.41 trillion and a trading volume surpassing its average.
• Microsoft's shares rose by $1.96 to $522.80, supported by a market cap of $3.89 trillion and a notable trading volume this past Friday.

Tesla, Apple, and Microsoft are the three Retail stocks to watch today, according to MarketBeat's stock screener tool. Retail stocks are shares of publicly traded companies whose primary business is selling goods and services directly to consumers through physical outlets, online platforms, or a combination of both. Examples include department stores, specialty shops, supermarkets, and e-commerce retailers. Investors often use the performance of retail stocks as a barometer for consumer spending trends and overall economic health. 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 TSLA traded up $7.68 on Friday, reaching $329.95. The stock had a trading volume of 68,318,174 shares, compared to its average volume of 106,643,031. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.55 and a current ratio of 2.04. The company has a 50-day simple moving average of $319.07 and a 200-day simple moving average of $308.84. Tesla has a 12-month low of $194.67 and a 12-month high of $488.54. The firm has a market capitalization of $1.06 trillion, a price-to-earnings ratio of 190.64, a price-to-earnings-growth ratio of 11.24 and a beta of 2.33.

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 up $10.07 during midday trading on Friday, reaching $230.10. 72,524,132 shares of the company's stock traded hands, compared to its average volume of 57,690,625. The company has a market cap of $3.41 trillion, a price-to-earnings ratio of 34.99, a P/E/G ratio of 2.24 and a beta of 1.16. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.83 and a current ratio of 0.87. Apple has a one year low of $169.21 and a one year high of $260.10. The stock has a 50 day moving average of $206.24 and a 200 day moving average of $213.17.

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.

MSFT traded up $1.96 during midday trading on Friday, reaching $522.80. The company had a trading volume of 8,115,502 shares, compared to its average volume of 22,290,686. 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 business has a 50-day moving average of $495.59 and a two-hundred day moving average of $437.64. The company has a market cap of $3.89 trillion, a P/E ratio of 38.34, a P/E/G ratio of 2.30 and a beta of 1.06. Microsoft has a 1 year low of $344.79 and a 1 year high of $555.45.

Read Our Latest Research Report on MSFT

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