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Top Retail Stocks To Keep An Eye On - August 2nd

Tesla logo with Auto/Tires/Trucks background

Key Points

  • Tesla, Amazon, and Apple are highlighted as top retail stocks to monitor due to their high trading volumes and significant market impacts.
  • Tesla's stock price dropped to $302.63 with a market cap of $976.12 billion, while Amazon's shares fell to $214.75, maintaining a market cap of $2.28 trillion.
  • Apple's stock traded down to $202.38, reflecting a market capitalization of $3.02 trillion and showcasing its importance in the retail sector.
  • Interested in Tesla? Here are five stocks we like better.

Tesla, Amazon.com, and Apple are the three Retail stocks to watch today, according to MarketBeat's stock screener tool. Retail stocks are equity shares of companies that sell goods and services directly to consumers, encompassing brick-and-mortar stores, e-commerce platforms, and omnichannel retailers. Their performance is closely tied to consumer spending habits and economic cycles, making them key indicators of broader market and economic trends. These companies had the highest dollar trading volume of any Retail 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 down $5.64 during mid-day trading on Friday, hitting $302.63. The company had a trading volume of 88,785,612 shares, compared to its average volume of 91,739,856. The stock has a market cap of $976.12 billion, a price-to-earnings ratio of 174.93, a PEG ratio of 10.83 and a beta of 2.33. Tesla has a 12 month low of $182.00 and a 12 month high of $488.54. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. The firm's 50 day simple moving average is $322.22 and its two-hundred day simple moving average is $311.84.

Read Our Latest Research Report on TSLA

Amazon.com (AMZN)

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

Amazon.com stock traded down $19.36 during mid-day trading on Friday, hitting $214.75. 122,007,379 shares of the company's stock traded hands, compared to its average volume of 37,811,656. The firm has a 50 day moving average price of $218.20 and a 200 day moving average price of $209.21. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.17. The company has a market cap of $2.28 trillion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 1.74 and a beta of 1.31. Amazon.com has a one year low of $151.61 and a one year high of $242.52.

Read Our Latest Research Report on AMZN

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

Apple stock traded down $5.19 during mid-day trading on Friday, hitting $202.38. 97,423,066 shares of the company's stock traded hands, compared to its average volume of 44,912,472. The firm has a 50 day moving average price of $205.37 and a 200 day moving average price of $213.77. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 1.18. The company has a market cap of $3.02 trillion, a PE ratio of 30.71, a price-to-earnings-growth ratio of 2.28 and a beta of 1.20. Apple has a one year low of $169.21 and a one year high of $260.10.

Read Our Latest Research Report on AAPL

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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