Top Retail Stocks To Watch Now – June 2nd

Tesla, UnitedHealth Group, and Apple are the three Retail stocks to watch today, according to MarketBeat’s stock screener tool. Retail stocks are shares of publicly traded companies that sell goods and services directly to consumers through physical stores, online platforms, or both. They represent ownership stakes in businesses ranging from supermarkets and department stores to e-commerce ventures. Investors often use retail stocks as indicators of consumer sentiment and broader economic health, since these companies’ revenues closely track spending patterns. 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 TSLA traded down $5.82 during mid-day trading on Monday, hitting $340.64. 61,666,929 shares of the company traded hands, compared to its average volume of 98,014,523. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. Tesla has a 1-year low of $167.41 and a 1-year high of $488.54. The business has a 50 day moving average of $286.92 and a 200 day moving average of $334.13. The company has a market capitalization of $1.10 trillion, a PE ratio of 166.63, a price-to-earnings-growth ratio of 5.86 and a beta of 2.43.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of UNH traded up $1.04 during trading hours on Monday, hitting $302.95. The stock had a trading volume of 14,201,435 shares, compared to its average volume of 6,818,927. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83. The firm has a 50-day moving average price of $430.87 and a 200 day moving average price of $492.75. The firm has a market capitalization of $274.82 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 1.37 and a beta of 0.56. UnitedHealth Group has a fifty-two week low of $248.88 and a fifty-two week high of $630.73.

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.

NASDAQ AAPL traded up $0.57 during mid-day trading on Monday, hitting $201.42. The stock had a trading volume of 20,627,036 shares, compared to its average volume of 56,090,230. The firm’s 50 day moving average is $203.10 and its 200 day moving average is $225.00. The stock has a market capitalization of $3.01 trillion, a price-to-earnings ratio of 31.93, a PEG ratio of 2.44 and a beta of 1.27. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88. Apple has a twelve month low of $169.21 and a twelve month high of $260.10.