Tesla, Broadcom, Micron Technology, GE Aerospace, and Navitas Semiconductor are the five Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies engaged in the production and distribution of goods and services essential to manufacturing, construction, transportation, and infrastructure. They typically include firms in sectors such as machinery, aerospace, logistics and electrical equipment, and are often grouped in market benchmarks like the Dow Jones Industrial Average. Investors use industrial stocks to gain exposure to economic growth cycles and capital spending trends. 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.
Shares of NASDAQ TSLA traded up $4.77 during midday trading on Wednesday, hitting $330.86. The stock had a trading volume of 77,051,622 shares, compared to its average volume of 109,720,867. The company has a market cap of $1.07 trillion, a P/E ratio of 162.19, a PEG ratio of 5.86 and a beta of 2.47. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The business's 50 day moving average is $293.86 and its 200-day moving average is $333.15. Tesla has a 52 week low of $169.80 and a 52 week high of $488.54.
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.
Broadcom stock traded up $7.81 during mid-day trading on Wednesday, reaching $252.44. 12,421,355 shares of the stock traded hands, compared to its average volume of 30,934,604. The business's 50-day moving average is $206.98 and its 200-day moving average is $207.63. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. Broadcom has a 12-month low of $128.50 and a 12-month high of $265.43. The stock has a market capitalization of $1.19 trillion, a PE ratio of 205.90, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11.
Read Our Latest Research Report on AVGO
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.
Shares of MU stock traded up $2.18 during mid-day trading on Wednesday, hitting $116.32. The company had a trading volume of 12,360,103 shares, compared to its average volume of 23,610,348. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.72 and a quick ratio of 1.75. Micron Technology has a 52-week low of $61.54 and a 52-week high of $157.54. The stock's 50 day moving average price is $85.21 and its 200-day moving average price is $92.26. The company has a market capitalization of $129.99 billion, a P/E ratio of 33.41 and a beta of 1.28.
Read Our Latest Research Report on MU
GE Aerospace (GE)
GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.
Shares of NYSE:GE traded up $4.79 during trading on Wednesday, hitting $246.79. The company had a trading volume of 3,198,353 shares, compared to its average volume of 5,402,254. The stock has a market cap of $263.18 billion, a price-to-earnings ratio of 41.09, a price-to-earnings-growth ratio of 2.59 and a beta of 1.38. The company has a fifty day simple moving average of $212.06 and a two-hundred day simple moving average of $197.14. GE Aerospace has a one year low of $150.20 and a one year high of $257.47. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.09 and a quick ratio of 0.81.
Read Our Latest Research Report on GE
Navitas Semiconductor (NVTS)
Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.
Navitas Semiconductor stock traded down $0.27 during midday trading on Wednesday, hitting $7.82. 83,860,768 shares of the company's stock were exchanged, compared to its average volume of 10,363,782. The company has a market cap of $1.50 billion, a PE ratio of -18.63 and a beta of 2.96. The firm has a 50-day moving average of $3.03 and a two-hundred day moving average of $3.02. Navitas Semiconductor has a 12 month low of $1.52 and a 12 month high of $9.12.
Read Our Latest Research Report on NVTS
Further Reading
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
