Best Growth Stocks To Consider – July 17th

Circle Internet Group, BlackRock, Carmell, Blackstone, and Novo Nordisk A/S are the five 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 with the broader market. These firms typically reinvest most of their profits back into research, development or expansion rather than paying dividends, driving share-price appreciation over time. Investors buy growth stocks in hopes that the company’s rapid growth will translate into higher future returns. 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.

Shares of NYSE:CRCL traded up $8.61 during trading on Thursday, hitting $241.81. 16,049,383 shares of the company were exchanged, compared to its average volume of 37,107,105. The company has a market capitalization of $53.81 billion and a PE ratio of -19,109.37. 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.

Shares of NYSE:BLK traded up $18.43 during trading on Thursday, hitting $1,100.67. 588,930 shares of the company were exchanged, compared to its average volume of 700,147. The firm’s 50 day moving average price is $1,006.37 and its 200-day moving average price is $972.22. The stock has a market capitalization of $170.52 billion, a P/E ratio of 26.61, a PEG ratio of 2.12 and a beta of 1.41. BlackRock has a 12-month low of $773.74 and a 12-month high of $1,112.13. The company has a debt-to-equity ratio of 0.38, a current ratio of 4.34 and a quick ratio of 4.34.

Carmell (CTCX)

Carmell Corporation operates as a bio-aesthetics company. The company utilizes Carmell Secretome to support skin and hair health. Its Carmell Secretome consists of growth factors and proteins extracted from allogeneic human platelets sourced from tissue banks. The company also developed a microemulsion formulation that enables delivery of lipophilic and hydrophilic ingredients without relying on the Foul Fourteen, 14 potentially harmful excipients that are commonly used by other companies to impart texture, stability, and other desirable physicochemical attributes to cosmetic products.

Shares of Carmell stock traded up $3.06 during trading on Thursday, reaching $5.70. The company’s stock had a trading volume of 103,613,558 shares, compared to its average volume of 4,503,394. The company has a 50-day moving average price of $2.52 and a two-hundred day moving average price of $1.05. Carmell has a fifty-two week low of $0.17 and a fifty-two week high of $1.59.

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

BX traded up $4.80 during trading on Thursday, hitting $170.72. The stock had a trading volume of 3,111,834 shares, compared to its average volume of 3,876,991. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market capitalization of $124.56 billion, a P/E ratio of 51.43, a PEG ratio of 1.44 and a beta of 1.65. The company’s 50-day moving average price is $145.35 and its 200 day moving average price is $150.72. Blackstone has a twelve month low of $115.66 and a twelve month high of $200.96.

Novo Nordisk A/S (NVO)

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.

NVO traded down $1.84 during trading on Thursday, hitting $65.20. The stock had a trading volume of 5,890,766 shares, compared to its average volume of 7,356,522. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.56 and a current ratio of 0.74. The firm has a market capitalization of $291.11 billion, a P/E ratio of 19.30, a PEG ratio of 1.29 and a beta of 0.64. The company’s 50-day moving average price is $70.36 and its 200 day moving average price is $74.67. Novo Nordisk A/S has a twelve month low of $57.00 and a twelve month high of $139.74.