Promising Dividend Stocks Worth Watching – July 16th

Johnson & Johnson, ProShares UltraPro Short QQQ, and Direxion Daily TSLA Bull 2X Shares are the three Dividend stocks to watch today, according to MarketBeat’s stock screener tool. Dividend stocks are shares of companies that regularly distribute a portion of their earnings to shareholders in the form of cash dividends. Investors often choose dividend stocks for the potential income stream they provide as well as the opportunity for capital appreciation. These stocks tend to be issued by established, financially stable companies with consistent profit histories. These companies had the highest dollar trading volume of any Dividend stocks within the last several days.

Johnson & Johnson (JNJ)

Johnson & Johnson is a holding company, which engages in the research, development, manufacture, and sale of products in the healthcare field. It operates through the Innovative Medicine and MedTech segments. The Innovative Medicine segment focuses on immunology, infectious diseases, neuroscience, oncology, cardiovascular and metabolism, and pulmonary hypertension.

NYSE:JNJ traded up $9.38 on Wednesday, reaching $164.55. The stock had a trading volume of 16,307,957 shares, compared to its average volume of 8,121,772. Johnson & Johnson has a 12-month low of $140.68 and a 12-month high of $169.99. The firm’s fifty day moving average is $153.80 and its two-hundred day moving average is $154.64. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.26 and a quick ratio of 1.03. The company has a market cap of $395.91 billion, a price-to-earnings ratio of 18.31, a P/E/G ratio of 2.14 and a beta of 0.41.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Shares of NASDAQ SQQQ traded down $0.04 on Wednesday, reaching $19.09. 97,146,616 shares of the company traded hands, compared to its average volume of 65,822,429. ProShares UltraPro Short QQQ has a fifty-two week low of $18.71 and a fifty-two week high of $57.95. The company has a 50 day moving average of $22.43 and a 200 day moving average of $29.45.

Direxion Daily TSLA Bull 2X Shares (TSLL)

Shares of NASDAQ TSLL traded up $0.74 on Wednesday, reaching $11.81. 134,515,732 shares of the company traded hands, compared to its average volume of 118,101,163. Direxion Daily TSLA Bull 2X Shares has a fifty-two week low of $6.29 and a fifty-two week high of $41.50. The company has a 50 day moving average of $12.79 and a 200 day moving average of $14.99. The stock has a market capitalization of $6.80 billion, a PE ratio of 88.55 and a beta of -5.14.