Growth Stocks To Watch Today – August 1st

Circle Internet Group, Novo Nordisk A/S, Apollo Global Management, Blackstone, BlackRock, Prologis, and Welltower are the seven Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares of companies expected to deliver above-average revenue and earnings growth over time. Such firms typically reinvest profits into research, expansion or acquisitions rather than pay out significant dividends. Investors buy growth stocks primarily for potential capital appreciation rather than current income. 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.

NYSE:CRCL traded down $7.90 on Friday, reaching $175.62. The stock had a trading volume of 8,634,465 shares, compared to its average volume of 30,857,916. The stock has a market cap of $39.08 billion and a P/E ratio of -13,878.62. Circle Internet Group has a 12-month low of $64.00 and a 12-month high of $298.99.

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 up $1.01 on Friday, reaching $48.08. The stock had a trading volume of 23,434,575 shares, compared to its average volume of 10,640,494. The company has a current ratio of 0.74, a quick ratio of 0.56 and a debt-to-equity ratio of 0.70. The company has a 50-day moving average of $69.64 and a 200 day moving average of $72.95. The stock has a market cap of $214.67 billion, a P/E ratio of 14.19, a price-to-earnings-growth ratio of 0.97 and a beta of 0.64. Novo Nordisk A/S has a 12-month low of $46.90 and a 12-month high of $139.74.

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

NYSE:APO traded down $8.06 on Friday, reaching $137.26. The stock had a trading volume of 2,325,069 shares, compared to its average volume of 3,597,353. The stock has a market cap of $78.44 billion, a P/E ratio of 24.10, a price-to-earnings-growth ratio of 1.64 and a beta of 1.59. The company has a 50-day moving average of $140.48 and a 200 day moving average of $142.54. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.34. Apollo Global Management has a 12-month low of $95.11 and a 12-month high of $189.49.

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.

Shares of Blackstone stock traded down $3.48 during trading on Friday, reaching $169.48. The company had a trading volume of 1,751,661 shares, compared to its average volume of 4,275,195. The company has a market cap of $123.66 billion, a price-to-earnings ratio of 45.62, a price-to-earnings-growth ratio of 1.43 and a beta of 1.65. The firm’s fifty day moving average is $151.86 and its 200-day moving average is $150.84. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.75 and a current ratio of 0.74. Blackstone has a fifty-two week low of $115.66 and a fifty-two week high of $200.96.

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 BlackRock stock traded down $16.67 during trading on Friday, reaching $1,089.35. The company had a trading volume of 229,414 shares, compared to its average volume of 781,247. The company has a market cap of $168.77 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 2.25 and a beta of 1.41. The firm’s fifty day moving average is $1,038.13 and its 200-day moving average is $980.77. The company has a debt-to-equity ratio of 0.38, a quick ratio of 4.34 and a current ratio of 4.34. BlackRock has a fifty-two week low of $773.74 and a fifty-two week high of $1,130.66.

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 down $1.05 during trading on Friday, reaching $105.73. The company had a trading volume of 1,838,042 shares, compared to its average volume of 4,593,247. The company has a market cap of $98.11 billion, a price-to-earnings ratio of 28.66, a price-to-earnings-growth ratio of 2.72 and a beta of 1.23. The firm’s fifty day moving average is $107.55 and its 200-day moving average is $109.83. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.41 and a current ratio of 0.19. Prologis has a fifty-two week low of $85.35 and a fifty-two week high of $132.57.

Welltower (WELL)

Welltower Inc. (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.

WELL traded up $1.76 on Friday, hitting $166.83. 907,423 shares of the company’s stock were exchanged, compared to its average volume of 2,977,204. The company has a current ratio of 4.19, a quick ratio of 4.23 and a debt-to-equity ratio of 0.44. The stock has a fifty day moving average of $154.79 and a two-hundred day moving average of $148.77. Welltower has a twelve month low of $110.74 and a twelve month high of $168.84. The firm has a market cap of $109.10 billion, a PE ratio of 94.37, a P/E/G ratio of 1.91 and a beta of 0.92.