Telecom Stocks To Research - August 11th

Key Points

• MarketBeat identifies Broadcom, Palo Alto Networks, and ServiceNow as the top telecom stocks to watch, driven by their significant trading volumes and stable cash flows.
• Broadcom Inc. has a market capitalization of $1.44 trillion and saw its stock increase by $1.60 to $306.57, with a notable trading volume of over 6 million shares.
• Palo Alto Networks stock rose by $1.99 to $169.05, while ServiceNow experienced a decline of $13.20 to $859.31 amid trading volumes lower than their averages.

Broadcom, Palo Alto Networks, and ServiceNow are the three Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies that operate in the telecommunications sector, offering services such as voice calling, internet access and data transmission. They give investors exposure to an industry known for relatively stable cash flows and dividend payouts, driven by the ongoing demand for connectivity and network infrastructure. 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 $1.60 during trading on Monday, hitting $306.57. The company had a trading volume of 6,494,660 shares, compared to its average volume of 26,399,609. Broadcom has a 52-week low of $134.90 and a 52-week high of $310.34. The company has a 50 day simple moving average of $272.87 and a 200-day simple moving average of $226.63. The firm has a market capitalization of $1.44 trillion, a P/E ratio of 114.76, a PEG ratio of 2.17 and a beta of 1.15. The company has a quick ratio of 0.98, a current ratio of 1.08 and a debt-to-equity ratio of 0.89.

Read Our Latest Research Report on AVGO

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.

NASDAQ:PANW traded up $1.99 during midday trading on Monday, hitting $169.05. The company's stock had a trading volume of 5,890,001 shares, compared to its average volume of 6,064,966. Palo Alto Networks has a fifty-two week low of $144.15 and a fifty-two week high of $210.39. The firm has a market cap of $112.72 billion, a P/E ratio of 96.55, a P/E/G ratio of 3.96 and a beta of 0.94. The firm's 50 day moving average is $194.23 and its 200-day moving average is $186.91.

Read Our Latest Research Report on PANW

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.

ServiceNow stock traded down $13.20 during midday trading on Monday, reaching $859.31. 1,072,033 shares of the stock traded hands, compared to its average volume of 1,687,671. The company has a 50-day simple moving average of $982.92 and a two-hundred day simple moving average of $942.17. ServiceNow has a 12-month low of $678.66 and a 12-month high of $1,198.09. The firm has a market cap of $178.74 billion, a PE ratio of 107.99, a price-to-earnings-growth ratio of 3.93 and a beta of 0.93. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.14.

Read Our Latest Research Report on NOW

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