Free Trial

Top Energy Stocks Worth Watching - August 18th

Tesla logo with Auto/Tires/Trucks background

Key Points

  • Key energy stocks to watch include Tesla, Broadcom, and First Solar, which led in trading volume recently, indicating investor interest in these companies.
  • Tesla's stock price increased to $334.64, and the company has a market capitalization of $1.08 trillion, reflecting its significant position within the energy sector.
  • First Solar's stocks rose to $219.19 during trading, showcasing its strong performance and commitment to providing photovoltaic solar energy solutions.
  • Looking to export and analyze Tesla data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Tesla, Broadcom, First Solar, Palo Alto Networks, and AltC Acquisition are the five Energy stocks to watch today, according to MarketBeat's stock screener tool. Energy stocks are shares of companies involved in the extraction, production, distribution or servicing of energy resources—ranging from traditional oil, natural gas and coal to renewable sources like wind and solar. Investors buy these stocks to gain exposure to the energy sector, whose performance is driven by commodity prices, geopolitical developments and evolving regulatory policies. 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 TSLA traded up $4.08 during trading hours on Monday, hitting $334.64. The stock had a trading volume of 37,595,879 shares, compared to its average volume of 105,514,750. Tesla has a 52 week low of $202.59 and a 52 week high of $488.54. The company's fifty day moving average is $320.41 and its two-hundred day moving average is $304.57. 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 capitalization of $1.08 trillion, a price-to-earnings ratio of 193.50, a P/E/G ratio of 11.49 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.

NASDAQ:AVGO traded down $2.68 during mid-day trading on Monday, reaching $303.66. 8,306,271 shares of the company were exchanged, compared to its average volume of 26,114,715. Broadcom has a 12 month low of $134.90 and a 12 month high of $317.35. The company has a fifty day moving average of $278.27 and a 200 day moving average of $229.89. 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 $1.43 trillion, a PE ratio of 113.77, a PEG ratio of 2.18 and a beta of 1.15.

Read Our Latest Research Report on AVGO

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

NASDAQ:FSLR traded up $19.24 during mid-day trading on Monday, reaching $219.19. 6,849,077 shares of the company were exchanged, compared to its average volume of 3,844,546. First Solar has a 12 month low of $116.56 and a 12 month high of $262.72. The company has a fifty day moving average of $171.26 and a 200 day moving average of $153.71. The company has a quick ratio of 1.41, a current ratio of 1.90 and a debt-to-equity ratio of 0.04. The stock has a market cap of $23.51 billion, a PE ratio of 18.75, a PEG ratio of 0.39 and a beta of 1.48.

Read Our Latest Research Report on FSLR

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 down $1.29 during mid-day trading on Monday, reaching $175.81. 6,829,094 shares of the company were exchanged, compared to its average volume of 6,210,555. Palo Alto Networks has a 12 month low of $144.15 and a 12 month high of $210.39. The company has a fifty day moving average of $192.00 and a 200 day moving average of $186.41. The stock has a market cap of $117.23 billion, a PE ratio of 100.32, a PEG ratio of 4.35 and a beta of 0.94.

Read Our Latest Research Report on PANW

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.

NYSE:ALCC traded down $2.60 during mid-day trading on Monday, reaching $71.06. 10,587,425 shares of the company were exchanged, compared to its average volume of 723,393. AltC Acquisition has a 12 month low of $10.27 and a 12 month high of $18.80. The company has a fifty day moving average of $64.44 and a 200 day moving average of $44.30.

Read Our Latest Research Report on ALCC

Read More

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 Tesla Right Now?

Before you consider Tesla, 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 Tesla wasn't on the list.

While Tesla currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

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

Featured Articles and Offers

Related Videos

This Unique Robotaxi Play Could Deliver 10X Returns
Magnificent 7 Stocks Shift Toward Stability and Selective Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines