Top Growth Stocks To Consider – July 19th

Circle Internet Group, BlackRock, Invesco, Blackstone, Novo Nordisk A/S, Teledyne Technologies, and Prologis are the seven Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares of companies projected to expand revenues and profits at a faster pace than their peers or the broader market. These firms typically reinvest earnings back into research, development or expansion rather than paying out dividends, driving further growth. Investors in growth stocks seek capital appreciation and are prepared to accept higher valuations and potentially greater volatility. 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 down $11.24 during trading on Friday, hitting $223.84. The company had a trading volume of 42,692,359 shares, compared to its average volume of 35,498,600. The stock has a market capitalization of $49.81 billion and a P/E ratio of -17,689.27. Circle Internet Group has a one year low of $64.00 and a one year 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.

NYSE:BLK traded down $1.17 on Friday, hitting $1,104.21. 991,217 shares of the company’s stock were exchanged, compared to its average volume of 703,549. The firm has a 50-day moving average price of $1,013.56 and a 200-day moving average price of $973.32. 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 52 week low of $773.74 and a 52 week high of $1,119.19. The company has a market cap of $171.08 billion, a P/E ratio of 26.70, a price-to-earnings-growth ratio of 2.23 and a beta of 1.41.

Invesco (IVZ)

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.

NYSE:IVZ traded up $2.66 on Friday, hitting $19.94. 35,652,899 shares of the company’s stock were exchanged, compared to its average volume of 4,623,355. The firm has a 50-day moving average price of $15.52 and a 200-day moving average price of $15.81. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.37 and a quick ratio of 1.37. Invesco has a 52 week low of $11.60 and a 52 week high of $20.05. The company has a market cap of $8.92 billion, a P/E ratio of 15.95, a price-to-earnings-growth ratio of 1.50 and a beta of 1.48.

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.

NYSE:BX traded down $3.63 on Friday, hitting $168.86. 4,127,243 shares of the company’s stock were exchanged, compared to its average volume of 3,869,201. The firm has a 50-day moving average price of $146.60 and a 200-day moving average price of $150.70. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.75. Blackstone has a 52 week low of $115.66 and a 52 week high of $200.96. The company has a market cap of $123.21 billion, a P/E ratio of 50.86, a price-to-earnings-growth ratio of 1.56 and a beta of 1.65.

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.

NYSE:NVO traded down $0.97 on Friday, hitting $64.32. 8,032,293 shares of the company’s stock were exchanged, compared to its average volume of 7,363,988. The company has a market cap of $287.19 billion, a P/E ratio of 19.03, a price-to-earnings-growth ratio of 1.26 and a beta of 0.64. The firm has a 50-day moving average price of $70.34 and a 200-day moving average price of $74.38. Novo Nordisk A/S has a 52 week low of $57.00 and a 52 week high of $139.74. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.74 and a quick ratio of 0.56.

Teledyne Technologies (TDY)

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.

Shares of Teledyne Technologies stock traded up $5.28 during trading on Friday, hitting $564.28. 867,929 shares of the stock were exchanged, compared to its average volume of 277,546. The stock has a market capitalization of $26.44 billion, a price-to-earnings ratio of 32.24, a price-to-earnings-growth ratio of 2.63 and a beta of 1.04. The company has a fifty day moving average price of $504.61 and a 200-day moving average price of $491.17. Teledyne Technologies has a 1-year low of $391.58 and a 1-year high of $564.85. The company has a current ratio of 2.19, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30.

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.

Shares of Prologis stock traded up $0.26 during trading on Friday, hitting $106.69. 4,481,494 shares of the stock were exchanged, compared to its average volume of 4,211,352. The stock has a market capitalization of $99.00 billion, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 2.68 and a beta of 1.23. The company has a fifty day moving average price of $107.49 and a 200-day moving average price of $109.62. Prologis has a 1-year low of $85.35 and a 1-year high of $132.57. The company has a current ratio of 0.19, a quick ratio of 0.41 and a debt-to-equity ratio of 0.60.