Industrial Stocks To Add to Your Watchlist – June 17th

Tesla, Broadcom, First Solar, Micron Technology, and GE Aerospace are the five Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks are shares of publicly traded companies in the industrial sector—firms that manufacture machinery, equipment, vehicles, aerospace and defense products, and provide related engineering or construction services. Because their revenues depend heavily on capital spending, infrastructure projects and broader economic activity, the performance of industrial stocks often serves as a barometer for overall economic health. Investors may include them in portfolios seeking growth linked to industrial expansion or as a diversification play against more consumer-oriented sectors. 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.

Tesla stock traded down $10.03 during trading on Tuesday, reaching $319.10. The stock had a trading volume of 49,168,512 shares, compared to its average volume of 100,575,369. Tesla has a 52-week low of $177.00 and a 52-week high of $488.54. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The stock has a market cap of $1.03 trillion, a PE ratio of 156.41, a P/E/G ratio of 5.86 and a beta of 2.47. The business has a 50 day moving average price of $301.53 and a 200 day moving average price of $332.77.

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 Broadcom stock traded down $3.67 during trading hours on Tuesday, hitting $248.43. The company had a trading volume of 10,542,256 shares, compared to its average volume of 30,266,311. 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’s 50-day moving average is $214.93 and its two-hundred day moving average is $210.47. The company has a market cap of $1.17 trillion, a P/E ratio of 202.53, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11. Broadcom has a twelve month low of $128.50 and a twelve month high of $265.43.

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

NASDAQ:FSLR traded down $31.30 during trading hours on Tuesday, reaching $143.95. 15,901,664 shares of the company’s stock were exchanged, compared to its average volume of 3,122,166. The firm has a market capitalization of $15.44 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 0.19 and a beta of 1.53. First Solar has a 1-year low of $116.56 and a 1-year high of $274.08. The company has a 50-day moving average of $148.87 and a 200 day moving average of $158.29. The company has a quick ratio of 1.44, a current ratio of 2.14 and a debt-to-equity ratio of 0.05.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

Shares of NASDAQ:MU traded up $1.11 during trading on Tuesday, reaching $120.95. The company had a trading volume of 12,977,483 shares, compared to its average volume of 22,822,936. The firm has a market capitalization of $135.17 billion, a price-to-earnings ratio of 34.85 and a beta of 1.28. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.72 and a quick ratio of 1.75. Micron Technology has a fifty-two week low of $61.54 and a fifty-two week high of $157.54. The stock’s fifty day moving average price is $89.28 and its 200 day moving average price is $92.68.

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

GE stock traded up $0.34 on Tuesday, reaching $236.88. 3,142,429 shares of the company’s stock were exchanged, compared to its average volume of 5,890,084. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. GE Aerospace has a twelve month low of $150.20 and a twelve month high of $257.47. The stock has a fifty day moving average of $217.77 and a 200-day moving average of $198.86. The firm has a market cap of $252.61 billion, a PE ratio of 39.56, a P/E/G ratio of 2.59 and a beta of 1.38.