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Top Industrial Stocks To Research - August 1st

Tesla logo with Auto/Tires/Trucks background

Key Points

  • Tesla, Broadcom, Chart Industries, Micron Technology, and Caterpillar are highlighted as top industrial stocks to research, characterized by their significant trading volumes.
  • Tesla's current market capitalization stands at $980.72 billion, while Broadcom's market cap is about $1.36 trillion, indicating robust valuations in the tech and semiconductor sectors.
  • Micron Technology has shown resilience with a 1-year low of $61.54 and a 1-year high of $129.85, reflecting its volatile performance in the memory and storage product market.
  • Interested in Tesla? Here are five stocks we like better.

Tesla, Broadcom, Chart Industries, Micron Technology, and Caterpillar are the five Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are equity securities representing ownership in companies whose primary activities involve producing and distributing goods and services for sectors such as manufacturing, construction, aerospace, transportation and machinery. Their revenues and share prices tend to rise when economic activity accelerates and fall during downturns, making them more cyclical than defensive investments. Investors often include industrial stocks in portfolios to participate in economic growth and diversify away from purely consumer‐oriented or technology‐focused holdings. 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.

NASDAQ:TSLA traded down $4.21 during mid-day trading on Friday, hitting $304.06. The company had a trading volume of 51,702,106 shares, compared to its average volume of 107,648,063. The business has a fifty day simple moving average of $322.96 and a 200-day simple moving average of $312.48. The company has a current ratio of 2.04, a quick ratio of 1.55 and a debt-to-equity ratio of 0.07. Tesla has a 1 year low of $182.00 and a 1 year high of $488.54. The firm has a market capitalization of $980.72 billion, a price-to-earnings ratio of 175.49, a PEG ratio of 11.21 and a beta of 2.39.

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 down $5.28 during trading on Friday, reaching $288.42. The stock had a trading volume of 10,265,311 shares, compared to its average volume of 26,806,725. Broadcom has a 1-year low of $128.50 and a 1-year high of $306.95. The company has a current ratio of 1.08, a quick ratio of 0.98 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $1.36 trillion, a P/E ratio of 108.02, a PEG ratio of 2.15 and a beta of 1.12. The firm has a fifty day moving average price of $265.36 and a 200 day moving average price of $224.11.

Read Our Latest Research Report on AVGO

Chart Industries (GTLS)

Chart Industries, Inc. engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.

GTLS stock traded down $0.03 during trading on Friday, reaching $198.80. The stock had a trading volume of 8,648,348 shares, compared to its average volume of 1,086,368. Chart Industries has a 1-year low of $101.60 and a 1-year high of $220.03. The company has a current ratio of 1.55, a quick ratio of 1.21 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $8.93 billion, a P/E ratio of 36.95, a PEG ratio of 0.78 and a beta of 1.68. The firm has a fifty day moving average price of $161.68 and a 200 day moving average price of $164.30.

Read Our Latest Research Report on GTLS

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.

MU stock traded down $4.23 during trading on Friday, reaching $104.92. The stock had a trading volume of 12,784,224 shares, compared to its average volume of 23,237,254. Micron Technology has a 1-year low of $61.54 and a 1-year high of $129.85. The company has a current ratio of 2.75, a quick ratio of 1.89 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $117.41 billion, a P/E ratio of 18.90 and a beta of 1.35. The firm has a fifty day moving average price of $114.13 and a 200 day moving average price of $97.94.

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.

CAT stock traded down $10.17 during trading on Friday, reaching $427.86. The stock had a trading volume of 2,164,198 shares, compared to its average volume of 2,693,144. Caterpillar has a 1-year low of $267.30 and a 1-year high of $441.15. The company has a current ratio of 1.32, a quick ratio of 0.77 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $201.54 billion, a P/E ratio of 20.85, a PEG ratio of 2.72 and a beta of 1.38. The firm has a fifty day moving average price of $383.95 and a 200 day moving average price of $353.96.

Read Our Latest Research Report on CAT

See Also

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