Top Growth Stocks To Watch Now – April 16th

Prologis, Blackstone, Novo Nordisk A/S, BlackRock, and Apollo Global Management are the five Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares in companies that are expected to grow at rates significantly above the market average, often through expanding revenues, earnings, or market share. These companies typically reinvest their earnings to fuel further growth rather than paying out dividends, resulting in higher potential returns along with increased volatility. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Prologis (PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.

Shares of PLD stock traded up $2.83 during trading hours on Wednesday, hitting $101.31. 2,786,123 shares of the company’s stock were exchanged, compared to its average volume of 4,162,669. The company has a quick ratio of 0.43, a current ratio of 0.75 and a debt-to-equity ratio of 0.53. Prologis has a fifty-two week low of $85.35 and a fifty-two week high of $132.57. The firm has a market cap of $93.91 billion, a P/E ratio of 25.33, a P/E/G ratio of 2.70 and a beta of 1.20. The firm has a 50 day moving average of $112.53 and a two-hundred day moving average of $113.68.

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

Blackstone stock traded down $2.66 during mid-day trading on Wednesday, hitting $130.88. The company’s stock had a trading volume of 1,875,329 shares, compared to its average volume of 3,706,426. The company has a current ratio of 0.67, a quick ratio of 0.71 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $95.47 billion, a PE ratio of 36.06, a price-to-earnings-growth ratio of 1.07 and a beta of 1.61. The stock’s fifty day moving average is $147.39 and its two-hundred day moving average is $165.32. Blackstone has a 1 year low of $115.66 and a 1 year high of $200.96.

Novo Nordisk A/S (NVO)

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.

NYSE:NVO traded down $0.73 during midday trading on Wednesday, hitting $63.76. 3,722,080 shares of the company were exchanged, compared to its average volume of 5,826,212. Novo Nordisk A/S has a fifty-two week low of $59.32 and a fifty-two week high of $148.15. The company has a market capitalization of $286.13 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 0.90 and a beta of 0.61. The company has a fifty day simple moving average of $77.02 and a 200 day simple moving average of $92.75. The company has a current ratio of 0.74, a quick ratio of 0.55 and a debt-to-equity ratio of 0.62.

BlackRock (BLK)

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

Shares of NYSE:BLK traded down $17.17 during midday trading on Wednesday, hitting $871.27. 203,977 shares of the stock were exchanged, compared to its average volume of 681,841. BlackRock has a twelve month low of $745.55 and a twelve month high of $1,084.22. The company has a 50 day moving average price of $937.25 and a 200-day moving average price of $987.19. The stock has a market cap of $135.27 billion, a P/E ratio of 20.74, a PEG ratio of 1.90 and a beta of 1.38. The company has a current ratio of 5.23, a quick ratio of 5.23 and a debt-to-equity ratio of 0.45.

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

APO stock traded down $1.36 during midday trading on Wednesday, reaching $126.48. 848,109 shares of the company’s stock traded hands, compared to its average volume of 3,771,456. The business has a 50-day moving average price of $140.13 and a two-hundred day moving average price of $153.47. The company has a market capitalization of $72.15 billion, a P/E ratio of 17.30, a PEG ratio of 1.17 and a beta of 1.66. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.44 and a quick ratio of 1.44. Apollo Global Management has a fifty-two week low of $95.11 and a fifty-two week high of $189.49.