Tesla, Broadcom, Deere & Company, Coherent, Expion360, Micron Technology, and Caterpillar are the seven Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies that manufacture machinery, equipment, infrastructure components and provide related services—spanning sectors such as aerospace, defense, construction and transportation. Because their sales closely track economic activity, industrial stocks often serve as a barometer for overall economic health. Investors include them in portfolios to gain exposure to—and hedge against fluctuations in—the industrial cycle. These companies had the highest dollar trading volume of any Industrial 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.
TSLA stock traded down $6.21 during trading on Thursday, reaching $333.17. The company had a trading volume of 46,922,090 shares, compared to its average volume of 105,970,875. Tesla has a 52 week low of $202.59 and a 52 week high of $488.54. The business has a 50 day moving average of $318.69 and a 200 day moving average of $306.71. The company has a market cap of $1.07 trillion, a P/E ratio of 192.63, a PEG ratio of 11.85 and a beta of 2.33. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55.
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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 $2.47 on Thursday, hitting $311.56. 7,848,202 shares of the stock traded hands, compared to its average volume of 26,202,994. Broadcom has a one year low of $134.90 and a one year high of $317.35. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.98 and a current ratio of 1.08. The business has a 50 day simple moving average of $276.06 and a 200 day simple moving average of $228.20. The company has a market capitalization of $1.47 trillion, a PE ratio of 116.65, a P/E/G ratio of 2.22 and a beta of 1.15.
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Deere & Company (DE)
Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.
Shares of Deere & Company stock traded down $35.43 on Thursday, hitting $478.12. 3,447,473 shares of the company's stock were exchanged, compared to its average volume of 1,347,567. The company has a 50-day simple moving average of $512.41 and a 200-day simple moving average of $489.86. The stock has a market capitalization of $129.49 billion, a PE ratio of 23.05, a PEG ratio of 3.21 and a beta of 1.06. Deere & Company has a 1 year low of $357.90 and a 1 year high of $533.78. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.89 and a current ratio of 2.11.
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Coherent (COHR)
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers.
Shares of COHR traded down $24.43 during trading hours on Thursday, reaching $89.59. 16,360,076 shares of the stock traded hands, compared to its average volume of 3,724,475. The company has a current ratio of 2.47, a quick ratio of 1.54 and a debt-to-equity ratio of 0.65. The company has a market cap of $13.93 billion, a P/E ratio of -389.40, a price-to-earnings-growth ratio of 0.66 and a beta of 1.90. The company's 50-day moving average price is $94.04 and its two-hundred day moving average price is $79.91. Coherent has a 52-week low of $45.58 and a 52-week high of $123.25.
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Expion360 (XPON)
Expion360 Inc. designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER name for recreational vehicles, marine, golf, industrial, residential, and off-the-grid applications. It provides battery monitors; direct current battery chargers; various models of industrial tie-downs; power generators AURA POWERCAP; terminal blocks; and bus bars.
NASDAQ XPON traded up $2.13 on Thursday, reaching $3.44. The company had a trading volume of 335,904,287 shares, compared to its average volume of 2,943,504. The company has a quick ratio of 0.38, a current ratio of 1.50 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $10.83 million, a PE ratio of -0.03 and a beta of 0.16. The firm's 50 day moving average price is $1.05 and its 200 day moving average price is $1.04. Expion360 has a 12 month low of $0.60 and a 12 month high of $22.81.
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Micron Technology (MU)
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.
NASDAQ MU traded up $0.18 on Thursday, reaching $124.45. The company had a trading volume of 7,043,782 shares, compared to its average volume of 23,122,924. The company has a quick ratio of 1.89, a current ratio of 2.75 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $139.27 billion, a PE ratio of 22.42 and a beta of 1.37. The firm's 50 day moving average price is $117.39 and its 200 day moving average price is $98.60. Micron Technology has a 12 month low of $61.54 and a 12 month high of $129.85.
Read Our Latest Research Report on MU
Caterpillar (CAT)
Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.
NYSE CAT traded down $0.88 on Thursday, reaching $412.83. The company had a trading volume of 1,933,601 shares, compared to its average volume of 2,747,553. The company has a quick ratio of 0.81, a current ratio of 1.34 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $193.40 billion, a PE ratio of 21.00, a price-to-earnings-growth ratio of 2.46 and a beta of 1.40. The firm's 50 day moving average price is $397.18 and its 200 day moving average price is $355.91. Caterpillar has a 12 month low of $267.30 and a 12 month high of $441.15.
Read Our Latest Research Report on CAT
Further Reading
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