Telecom Stocks To Follow Now - May 4th

Broadcom, ServiceNow, Arista Networks, Palo Alto Networks, AT&T, Apollo Global Management, and CRH are the seven 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 calling, broadband internet, wireless data and satellite communications—through networks of fiber-optic cables, cell towers and other infrastructure. By buying these stocks, investors gain exposure to industry drivers like subscriber growth, average revenue per user and technological advancements, while also taking on risks from regulatory changes and competitive pressures. 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 traded up $6.31 during trading on Friday, reaching $203.64. The company had a trading volume of 17,749,359 shares, compared to its average volume of 31,215,620. The company has a market cap of $957.50 billion, a P/E ratio of 166.10, a PEG ratio of 2.29 and a beta of 1.05. Broadcom has a 12 month low of $127.51 and a 12 month high of $251.88. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. The business's fifty day moving average price is $182.21 and its 200 day moving average price is $196.61.

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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 NYSE:NOW traded up $19.29 during midday trading on Friday, reaching $977.24. 1,667,831 shares of the company were exchanged, compared to its average volume of 1,512,546. The firm has a market cap of $202.29 billion, a PE ratio of 143.08, a P/E/G ratio of 4.51 and a beta of 1.08. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.15. ServiceNow has a fifty-two week low of $637.99 and a fifty-two week high of $1,198.09. The stock has a fifty day simple moving average of $839.29 and a two-hundred day simple moving average of $968.38.

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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 ANET traded up $3.24 during midday trading on Friday, hitting $91.08. The stock had a trading volume of 11,074,320 shares, compared to its average volume of 9,175,009. The firm has a market cap of $114.36 billion, a price-to-earnings ratio of 41.03, a price-to-earnings-growth ratio of 3.10 and a beta of 1.38. The company has a 50 day simple moving average of $79.15 and a two-hundred day simple moving average of $97.72. 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.

Palo Alto Networks stock traded up $1.43 during midday trading on Friday, reaching $187.70. The stock had a trading volume of 3,841,186 shares, compared to its average volume of 5,789,745. Palo Alto Networks has a 1-year low of $142.01 and a 1-year high of $208.39. The firm's fifty day simple moving average is $175.97 and its 200-day simple moving average is $184.70. The stock has a market capitalization of $124.28 billion, a P/E ratio of 105.75, a price-to-earnings-growth ratio of 5.64 and a beta of 1.07.

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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 down $0.01 during trading hours on Friday, hitting $27.63. 22,922,269 shares of the company's stock were exchanged, compared to its average volume of 36,414,413. The stock's 50-day moving average is $27.06 and its two-hundred day moving average is $24.54. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.00. AT&T has a 1-year low of $16.91 and a 1-year high of $29.03. The stock has a market cap of $198.81 billion, a price-to-earnings ratio of 18.54, a PEG ratio of 3.00 and a beta of 0.42.

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Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

APO traded down $2.40 on Friday, hitting $135.49. 4,382,021 shares of the company were exchanged, compared to its average volume of 3,846,565. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.44 and a current ratio of 1.44. The stock's fifty day moving average is $133.18 and its 200-day moving average is $152.99. The company has a market cap of $77.29 billion, a PE ratio of 18.53, a PEG ratio of 1.17 and a beta of 1.66. Apollo Global Management has a 12 month low of $95.11 and a 12 month high of $189.49.

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CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

Shares of NYSE CRH traded up $2.23 during trading hours on Friday, hitting $98.51. The company had a trading volume of 4,690,436 shares, compared to its average volume of 5,755,482. The stock has a market capitalization of $66.62 billion, a P/E ratio of 19.70, a price-to-earnings-growth ratio of 1.15 and a beta of 1.30. CRH has a 1-year low of $71.18 and a 1-year high of $110.97. The firm's 50 day moving average is $92.03 and its 200-day moving average is $96.09.

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