Free Trial

Top Dividend Stocks To Watch Now - August 8th

UnitedHealth Group logo with Medical background

Key Points

  • MarketBeat highlights three key dividend stocks to watch: UnitedHealth Group, Direxion Daily TSLA Bull 2X Shares, and ProShares UltraPro Short QQQ, based on recent high trading volumes.
  • UnitedHealth Group reported a recent stock price of $249.21 with a market cap of $226.07 billion, despite significant fluctuations within the past year.
  • ProShares UltraPro Short QQQ aims for inversely leveraged returns relative to the NASDAQ-100 Index, having reached a trading price of $17.51 recently.
  • Need Better Tools to Track UnitedHealth Group? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

UnitedHealth Group, Direxion Daily TSLA Bull 2X Shares, and ProShares UltraPro Short QQQ are the three Dividend stocks to watch today, according to MarketBeat's stock screener tool. Dividend stocks are shares of companies that distribute a portion of their earnings directly to shareholders, typically on a quarterly basis. These payouts, known as dividends, provide investors with regular income in addition to any potential share price appreciation. Investors often choose dividend stocks for their combination of steady cash flow and the possibility of long-term capital growth. These companies had the highest dollar trading volume of any Dividend stocks within the last several days.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

UnitedHealth Group stock traded up $4.54 during trading on Friday, reaching $249.21. The stock had a trading volume of 7,270,853 shares, compared to its average volume of 12,083,469. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73. The business has a 50 day moving average price of $292.78 and a 200 day moving average price of $408.71. The stock has a market cap of $226.07 billion, a PE ratio of 10.80, a P/E/G ratio of 1.59 and a beta of 0.43. UnitedHealth Group has a 52-week low of $234.60 and a 52-week high of $630.73.

Read Our Latest Research Report on UNH

Direxion Daily TSLA Bull 2X Shares (TSLL)

NASDAQ TSLL traded up $0.55 during trading on Friday, reaching $12.16. 129,541,299 shares of the company's stock were exchanged, compared to its average volume of 166,939,625. The company has a 50 day moving average price of $11.91 and a two-hundred day moving average price of $13.21. The stock has a market cap of $6.54 billion, a P/E ratio of 88.55 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 1 year low of $6.29 and a 1 year high of $41.50.

Read Our Latest Research Report on TSLL

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

SQQQ traded down $0.46 on Friday, reaching $17.51. The company's stock had a trading volume of 84,820,517 shares, compared to its average volume of 92,644,039. The stock has a 50 day moving average of $20.23 and a two-hundred day moving average of $28.04. ProShares UltraPro Short QQQ has a fifty-two week low of $17.46 and a fifty-two week high of $57.80.

Read Our Latest Research Report on SQQQ

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in UnitedHealth Group Right Now?

Before you consider UnitedHealth Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and UnitedHealth Group wasn't on the list.

While UnitedHealth Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines