Telecom Stocks To Watch Now - July 3rd

Broadcom, ServiceNow, and Arista Networks are the three Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies that provide telecommunications services—such as mobile and fixed-line voice, broadband internet, cable TV and data transmission. Their performance is driven by subscriber growth, network infrastructure investments and regulatory developments. Investors often value them for relatively stable dividend yields and long-term growth prospects tied to rising demand for digital connectivity. 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.

Shares of AVGO traded up $4.95 during trading hours on Thursday, hitting $274.85. 10,504,050 shares of the company were exchanged, compared to its average volume of 28,686,545. The firm has a fifty day simple moving average of $235.38 and a 200-day simple moving average of $216.81. The company has a market capitalization of $1.29 trillion, a PE ratio of 102.98, a PEG ratio of 1.88 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.08 and a quick ratio of 0.98. Broadcom has a one year low of $128.50 and a one year high of $277.71.

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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.

NYSE NOW traded up $35.17 on Thursday, hitting $1,044.93. 1,202,270 shares of the company were exchanged, compared to its average volume of 1,482,642. ServiceNow has a twelve month low of $678.66 and a twelve month high of $1,198.09. The company's 50 day moving average price is $999.82 and its 200-day moving average price is $964.70. The firm has a market capitalization of $216.28 billion, a P/E ratio of 141.97, a price-to-earnings-growth ratio of 4.65 and a beta of 0.94. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.12 and a quick ratio of 1.12.

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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.

NYSE:ANET traded up $1.26 during trading hours on Thursday, hitting $102.39. 5,284,909 shares of the company's stock traded hands, compared to its average volume of 9,088,504. Arista Networks has a twelve month low of $59.43 and a twelve month high of $133.58. The firm has a market cap of $128.59 billion, a P/E ratio of 43.26, a P/E/G ratio of 2.88 and a beta of 1.40. The stock's fifty day moving average price is $91.90 and its two-hundred day moving average price is $95.50.

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