Best Growth Stocks To Consider – July 16th

Circle Internet Group, BlackRock, and Prologis are the three Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares of companies whose earnings and revenues are expected to grow at an above-average rate compared to the overall market. These companies typically reinvest profits into expanding operations rather than paying dividends, resulting in higher share-price volatility and potentially greater long-term capital appreciation. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Circle Internet Group (CRCL)

Founded in 2013, Circle’s mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

CRCL traded up $27.88 during trading on Wednesday, hitting $223.21. 24,140,063 shares of the stock traded hands, compared to its average volume of 37,175,598. The stock has a market capitalization of $49.67 billion and a P/E ratio of -17,639.48. Circle Internet Group has a 12-month low of $64.00 and a 12-month high of $298.99.

BlackRock (BLK)

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

BLK traded up $25.56 during trading on Wednesday, hitting $1,071.72. 724,295 shares of the stock traded hands, compared to its average volume of 698,039. The company has a debt-to-equity ratio of 0.38, a current ratio of 4.34 and a quick ratio of 4.34. BlackRock has a 12-month low of $773.74 and a 12-month high of $1,112.13. The firm has a market capitalization of $166.04 billion, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 2.24 and a beta of 1.41. The firm has a 50-day moving average of $1,003.13 and a 200 day moving average of $971.46.

Prologis (PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.

NYSE PLD traded up $2.21 during trading on Wednesday, hitting $110.83. The company had a trading volume of 4,930,750 shares, compared to its average volume of 4,194,747. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.56. Prologis has a one year low of $85.35 and a one year high of $132.57. The company has a market cap of $102.84 billion, a price-to-earnings ratio of 27.72, a price-to-earnings-growth ratio of 2.77 and a beta of 1.23. The company’s fifty day moving average is $107.37 and its 200-day moving average is $109.60.