Top Energy Stocks To Research - August 6th

Key Points

• Tesla, Broadcom, and AltC Acquisition are highlighted as the top energy stocks to watch, based on their high trading volumes and significant market activity in the past several days.
• Tesla reported a trading price of $316.93, with a market cap of $1.02 trillion, a P/E ratio of 182.93, and a 52-week price range of $191.48 to $488.54.
• Broadcom's stock reached $300.46, with a market cap of $1.41 trillion and a P/E ratio of 112.40, indicating a significant presence in the semiconductor industry as part of its role in energy solutions.

Tesla, Broadcom, and AltC Acquisition are the three Energy stocks to watch today, according to MarketBeat's stock screener tool. Energy stocks are shares of companies involved in the exploration, production, refining, distribution, or provision of energy—such as oil and gas producers, utility companies, or renewable‐power developers. Investors buy these stocks to gain exposure to energy markets, which can be influenced by factors like commodity prices, regulatory policies, and technological innovation. These companies had the highest dollar trading volume of any Energy stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of NASDAQ TSLA traded up $8.21 during mid-day trading on Wednesday, hitting $316.93. The company's stock had a trading volume of 46,982,178 shares, compared to its average volume of 106,965,602. Tesla has a one year low of $191.48 and a one year high of $488.54. The company's fifty day simple moving average is $320.54 and its 200-day simple moving average is $309.49. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. The stock has a market cap of $1.02 trillion, a price-to-earnings ratio of 182.93, a price-to-earnings-growth ratio of 10.86 and a beta of 2.33.

Read Our Latest Research Report on TSLA

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 $7.53 during midday trading on Wednesday, reaching $300.46. The company's stock had a trading volume of 7,568,372 shares, compared to its average volume of 26,629,273. The business's 50-day simple moving average is $269.08 and its 200-day simple moving average is $225.39. The company has a quick ratio of 0.98, a current ratio of 1.08 and a debt-to-equity ratio of 0.89. The stock has a market cap of $1.41 trillion, a PE ratio of 112.40, a price-to-earnings-growth ratio of 2.12 and a beta of 1.15. Broadcom has a 52 week low of $134.90 and a 52 week high of $306.95.

Read Our Latest Research Report on AVGO

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Shares of AltC Acquisition stock traded up $7.68 during trading on Wednesday, reaching $84.09. 23,516,810 shares of the company were exchanged, compared to its average volume of 723,393. AltC Acquisition has a twelve month low of $10.27 and a twelve month high of $18.80. The business has a 50-day moving average price of $60.24 and a 200-day moving average price of $41.74.

Read Our Latest Research Report on ALCC

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