Blue Chip Stocks To Consider – May 16th

Karman, RF Industries, and NetSol Technologies are the three Blue Chip stocks to watch today, according to MarketBeat’s stock screener tool. Blue-chip stocks are shares of large, well-established companies with a long track record of stable earnings, strong balance sheets and reliable market leadership. They typically pay dividends and are viewed as relatively low-risk, cornerstone holdings in many investment portfolios. These companies had the highest dollar trading volume of any Blue Chip stocks within the last several days.

Karman (KRMN)

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.

Shares of KRMN stock traded down $0.31 on Friday, reaching $44.25. The company had a trading volume of 119,694 shares, compared to its average volume of 927,749. The firm has a 50-day simple moving average of $34.62. Karman has a one year low of $25.02 and a one year high of $45.70.

RF Industries (RFIL)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

NASDAQ:RFIL traded up $0.03 on Friday, reaching $4.03. 8,727 shares of the stock traded hands, compared to its average volume of 35,920. The firm has a market capitalization of $42.95 million, a price-to-earnings ratio of -6.39 and a beta of 0.59. The company’s 50 day moving average is $4.10 and its 200-day moving average is $4.25. RF Industries has a 1-year low of $2.92 and a 1-year high of $5.77.

NetSol Technologies (NTWK)

NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.

Shares of NTWK stock traded up $0.02 during trading hours on Friday, hitting $2.86. 4,176 shares of the company were exchanged, compared to its average volume of 22,386. The firm has a market cap of $33.43 million, a P/E ratio of -40.78 and a beta of 1.06. NetSol Technologies has a fifty-two week low of $2.14 and a fifty-two week high of $3.34. The company has a 50 day simple moving average of $2.39 and a two-hundred day simple moving average of $2.58.