Telecom Stocks To Follow Now - July 5th

Broadcom, ServiceNow, AT&T, Arista Networks, and Palo Alto Networks are the five Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are equity shares of companies that provide telecommunications services—such as voice, data, internet and wireless connectivity—and trade publicly on stock exchanges. Their investment appeal typically rests on stable dividends, predictable cash flows and growth driven by subscriber gains, network infrastructure investments and evolving regulatory environments. 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.

NASDAQ:AVGO traded up $4.97 during mid-day trading on Friday, hitting $274.87. The stock had a trading volume of 10,592,655 shares, compared to its average volume of 28,641,799. Broadcom has a twelve month low of $128.50 and a twelve month high of $277.71. The stock has a market cap of $1.29 trillion, a price-to-earnings ratio of 102.95, a PEG ratio of 1.96 and a beta of 1.12. The company's 50 day simple moving average is $238.77 and its 200 day simple moving average is $217.22. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.98 and a current ratio of 1.08.

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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.

Shares of NOW traded up $36.27 during mid-day trading on Friday, reaching $1,046.03. The company's stock had a trading volume of 1,205,886 shares, compared to its average volume of 1,486,285. ServiceNow has a 1-year low of $678.66 and a 1-year high of $1,198.09. The stock has a market cap of $216.51 billion, a P/E ratio of 142.12, a PEG ratio of 4.80 and a beta of 0.94. The business has a 50-day simple moving average of $1,003.94 and a two-hundred day simple moving average of $963.64. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.15.

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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.

AT&T stock traded up $0.02 during mid-day trading on Friday, hitting $28.33. 21,085,177 shares of the company's stock traded hands, compared to its average volume of 36,473,882. The firm has a 50 day simple moving average of $27.79 and a two-hundred day simple moving average of $26.12. AT&T has a fifty-two week low of $18.14 and a fifty-two week high of $29.19. The stock has a market cap of $203.82 billion, a price-to-earnings ratio of 17.38, a P/E/G ratio of 4.02 and a beta of 0.42. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.70 and a quick ratio of 0.65.

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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 $1.32 during mid-day trading on Friday, reaching $102.45. 5,296,699 shares of the company were exchanged, compared to its average volume of 9,105,538. The company's 50-day simple moving average is $92.93 and its 200-day simple moving average is $95.33. The stock has a market capitalization of $128.66 billion, a P/E ratio of 43.36, a P/E/G ratio of 2.99 and a beta of 1.40. Arista Networks has a twelve month low of $59.43 and a twelve month high of $133.58.

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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 up $4.53 during mid-day trading on Friday, hitting $201.50. 2,561,725 shares of the company were exchanged, compared to its average volume of 5,398,532. The business has a 50 day simple moving average of $193.80 and a 200-day simple moving average of $185.44. The stock has a market capitalization of $134.36 billion, a PE ratio of 115.14, a price-to-earnings-growth ratio of 5.63 and a beta of 0.97. Palo Alto Networks has a 1-year low of $142.01 and a 1-year high of $208.39.

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