Industrial Stocks To Watch Now – May 2nd

Tesla, Broadcom, Berry Global Group, Chevron, and Eaton are the five Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks represent shares of companies involved in producing and distributing capital goods—such as machinery, tools, aerospace equipment and transportation services. These equities often reflect broader economic health, since their performance is tied to factors like infrastructure spending, business investment and global trade demand. 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.

TSLA stock traded up $11.81 during trading on Friday, hitting $292.33. 64,232,018 shares of the stock traded hands, compared to its average volume of 107,598,328. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. The stock has a market cap of $941.59 billion, a price-to-earnings ratio of 143.30, a P/E/G ratio of 5.86 and a beta of 2.58. Tesla has a one year low of $167.41 and a one year high of $488.54. The company has a 50 day simple moving average of $259.13 and a 200 day simple moving average of $324.00.

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 AVGO traded up $7.65 on Friday, hitting $204.98. The company’s stock had a trading volume of 8,087,774 shares, compared to its average volume of 31,145,876. Broadcom has a fifty-two week low of $122.33 and a fifty-two week high of $251.88. The company has a market capitalization of $963.82 billion, a PE ratio of 167.10, a PEG ratio of 2.29 and a beta of 1.05. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. The company has a 50 day moving average price of $182.19 and a 200 day moving average price of $196.28.

Berry Global Group (BERY)

Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.

NYSE:BERY traded down $1.94 during mid-day trading on Friday, reaching $67.69. 18,809,857 shares of the company were exchanged, compared to its average volume of 1,394,257. The company has a quick ratio of 1.09, a current ratio of 1.61 and a debt-to-equity ratio of 3.35. The stock has a market cap of $7.84 billion, a PE ratio of 16.88, a PEG ratio of 1.54 and a beta of 1.14. Berry Global Group has a 12 month low of $57.52 and a 12 month high of $74.24. The company has a fifty day moving average of $68.94 and a 200 day moving average of $68.59.

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

Shares of CVX traded up $1.56 on Friday, reaching $137.82. 6,980,473 shares of the company’s stock were exchanged, compared to its average volume of 7,966,432. The business has a 50 day moving average price of $150.11 and a two-hundred day moving average price of $152.59. The company has a current ratio of 1.07, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $242.64 billion, a P/E ratio of 14.17, a price-to-earnings-growth ratio of 1.46 and a beta of 0.93. Chevron has a 12 month low of $132.04 and a 12 month high of $168.96.

Eaton (ETN)

Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.

NYSE:ETN traded up $0.18 during mid-day trading on Friday, hitting $301.84. The company had a trading volume of 2,817,040 shares, compared to its average volume of 2,622,629. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.96 and a current ratio of 1.50. Eaton has a fifty-two week low of $231.85 and a fifty-two week high of $379.99. The firm has a market cap of $118.25 billion, a P/E ratio of 31.70, a P/E/G ratio of 2.64 and a beta of 1.09. The business’s fifty day moving average is $280.96 and its two-hundred day moving average is $322.02.