Tesla, Micron Technology, and Broadcom are the three Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies that manufacture and distribute goods used in infrastructure, construction, machinery, aerospace and transportation. They reflect investor ownership in businesses whose performance is closely tied to economic growth, industrial activity and capital-spending cycles. Because their revenues depend on demand for industrial output, industrial stocks often serve as indicators of broader economic health. 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 up $13.12 on Monday, reaching $342.77. The company had a trading volume of 71,021,458 shares, compared to its average volume of 106,552,922. The stock has a market capitalization of $1.11 trillion, a P/E ratio of 198.25, a P/E/G ratio of 11.46 and a beta of 2.33. The company's fifty day moving average is $318.68 and its 200 day moving average is $306.71. Tesla has a 52-week low of $194.67 and a 52-week high of $488.54. The company has a quick ratio of 1.55, a current ratio of 2.04 and a debt-to-equity ratio of 0.07.
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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.
Shares of Micron Technology stock traded up $3.54 during trading hours on Monday, hitting $122.43. 22,530,275 shares of the company's stock traded hands, compared to its average volume of 23,154,932. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.75 and a quick ratio of 1.89. The stock has a market capitalization of $137.02 billion, a price-to-earnings ratio of 22.07 and a beta of 1.37. Micron Technology has a 12-month low of $61.54 and a 12-month high of $129.85. The company has a fifty day simple moving average of $115.95 and a 200-day simple moving average of $98.07.
Read Our Latest Research Report on MU
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 NASDAQ:AVGO traded up $1.77 on Monday, hitting $306.74. The company's stock had a trading volume of 5,731,081 shares, compared to its average volume of 26,395,713. The company has a 50-day simple moving average of $272.87 and a 200 day simple moving average of $226.63. Broadcom has a 1 year low of $134.90 and a 1 year high of $310.34. The company has a market capitalization of $1.44 trillion, a PE ratio of 115.07, a PEG ratio of 2.17 and a beta of 1.15. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.08 and a quick ratio of 0.98.
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