Top Industrial Stocks Worth Watching - September 5th

Key Points

• Tesla, Broadcom, and Micron Technology are highlighted as key industrial stocks to monitor, with significant recent trading volume indicating investor interest.
• Tesla operates in electric vehicles and energy solutions, while Broadcom focuses on semiconductor devices, and Micron Technology specializes in memory and storage products.
• The industrial sector is closely watched as a barometer of economic activity, with demand for these goods typically rising during business expansions and declining during economic slowdowns.

Tesla, Broadcom, and Micron Technology are the three Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of publicly traded companies engaged in the production and distribution of goods and services used in manufacturing, construction and infrastructure—such as machinery, aerospace, defense, and transportation firms. Investors often view this sector as a barometer of economic activity, since demand for industrial goods tends to rise when businesses expand and decline during economic slowdowns. 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.

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.

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.

Read Our Latest Research Report on MU

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