Industrial Stocks To Follow Now – June 25th

Tesla, Broadcom, and Micron Technology are the three Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks are shares of companies whose core businesses involve manufacturing, construction, machinery, transportation and other sectors that build or service physical infrastructure and capital goods. Because their revenues and profits tend to rise and fall with the broader economy, industrial stocks are often classified as cyclical investments. Investors may include them in a portfolio to gain exposure to economic growth or to diversify away from more defensive 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.

Shares of TSLA traded down $14.11 during midday trading on Wednesday, hitting $326.37. 80,096,127 shares of the company’s stock traded hands, compared to its average volume of 110,202,930. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 179.49, a price-to-earnings-growth ratio of 13.04 and a beta of 2.47. Tesla has a 1 year low of $182.00 and a 1 year high of $488.54. The firm’s fifty day moving average is $309.87 and its 200-day moving average is $331.48.

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.

NASDAQ:AVGO traded up $0.45 during mid-day trading on Wednesday, hitting $264.22. 10,935,300 shares of the company’s stock traded hands, compared to its average volume of 29,255,958. The company has a fifty day moving average of $223.68 and a 200 day moving average of $213.63. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.98 and a current ratio of 1.08. Broadcom has a twelve month low of $128.50 and a twelve month high of $269.70. The company has a market capitalization of $1.24 trillion, a P/E ratio of 99.15, a P/E/G ratio of 1.81 and a beta of 1.11.

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 MU traded down $1.33 during mid-day trading on Wednesday, hitting $126.58. 12,859,885 shares of the company traded hands, compared to its average volume of 23,396,763. The business has a 50 day moving average of $95.29 and a 200 day moving average of $93.66. The company has a market capitalization of $141.46 billion, a PE ratio of 30.36 and a beta of 1.28. The company has a quick ratio of 1.99, a current ratio of 3.13 and a debt-to-equity ratio of 0.28. Micron Technology has a 1-year low of $61.54 and a 1-year high of $144.07.