Top Growth Stocks To Research - August 4th

Key Points

• Circle Internet Group is focused on creating a global economic system based on the internet, with shares recently trading at $159.98 and a market cap of $35.60 billion.
• Novo Nordisk A/S operates in the pharmaceutical industry, particularly in diabetes and obesity care, with a market capitalization of $218.32 billion and shares trading at $48.90.
• Blackstone Inc. specializes in alternative asset management and has a market cap of $124.34 billion, with shares currently trading at $170.41.

Circle Internet Group, Novo Nordisk A/S, and Blackstone are the three Growth stocks to watch today, according to MarketBeat's stock screener tool. Growth stocks are shares of companies expected to grow their revenues and earnings at an above-average rate compared with the overall market. These firms typically reinvest profits back into the business rather than pay substantial dividends, leading investors to buy in for capital appreciation rather than current income. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Circle Internet Group (CRCL)

Founded in 2013, Circle's mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

Shares of CRCL traded down $8.12 during mid-day trading on Monday, hitting $159.98. 8,765,890 shares of the company traded hands, compared to its average volume of 30,411,922. Circle Internet Group has a 1-year low of $64.00 and a 1-year high of $298.99. The company has a market cap of $35.60 billion and a P/E ratio of -12,642.64.

Read Our Latest Research Report on CRCL

Novo Nordisk A/S (NVO)

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.

Shares of NVO traded up $0.71 during mid-day trading on Monday, hitting $48.90. 14,021,681 shares of the company traded hands, compared to its average volume of 10,755,999. Novo Nordisk A/S has a 1-year low of $46.90 and a 1-year high of $139.74. The company has a quick ratio of 0.56, a current ratio of 0.74 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $218.32 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 1.46 and a beta of 0.63. The business has a 50 day moving average of $69.26 and a 200 day moving average of $72.58.

Read Our Latest Research Report on NVO

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

NYSE:BX traded up $1.04 during midday trading on Monday, hitting $170.41. The company's stock had a trading volume of 1,528,290 shares, compared to its average volume of 4,269,559. Blackstone has a fifty-two week low of $115.66 and a fifty-two week high of $200.96. The firm's 50 day moving average is $152.55 and its 200-day moving average is $150.49. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.74 and a quick ratio of 0.75. The firm has a market cap of $124.34 billion, a P/E ratio of 45.84, a P/E/G ratio of 1.39 and a beta of 1.71.

Read Our Latest Research Report on BX

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