Telecom Stocks Worth Watching – August 10th

Broadcom, ServiceNow, Palo Alto Networks, Arista Networks, CRH, CyberArk Software, and AT&T are the seven Telecom stocks to watch today, according to MarketBeat’s stock screener tool. Telecom stocks are publicly traded shares of companies that build and operate networks for voice, data and video communications—ranging from mobile carriers and internet service providers to cable operators and satellite firms. These businesses typically generate steady, subscription-based revenues and distribute a portion of their cash flow as dividends, making them attractive to income-seeking investors. As providers of essential infrastructure, telecom stocks often exhibit lower volatility and more predictable earnings than many other sectors. These companies had the highest dollar trading volume of any Telecom stocks within the last several days.

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

Shares of NASDAQ AVGO traded up $1.21 during midday trading on Friday, reaching $304.97. 12,439,353 shares of the company were exchanged, compared to its average volume of 17,052,154. The company has a current ratio of 1.08, a quick ratio of 0.98 and a debt-to-equity ratio of 0.89. Broadcom has a 1 year low of $134.90 and a 1 year high of $310.34. The stock has a fifty day simple moving average of $272.87 and a 200 day simple moving average of $226.72. The stock has a market cap of $1.43 trillion, a P/E ratio of 114.22, a PEG ratio of 2.17 and a beta of 1.15.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

NOW traded down $2.42 during trading on Friday, reaching $871.70. The company’s stock had a trading volume of 1,901,339 shares, compared to its average volume of 1,665,573. ServiceNow has a 52-week low of $678.66 and a 52-week high of $1,198.09. The company’s fifty day moving average price is $982.92 and its 200-day moving average price is $943.49. The company has a market capitalization of $181.31 billion, a price-to-earnings ratio of 109.79, a price-to-earnings-growth ratio of 3.93 and a beta of 0.93. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.09 and a current ratio of 1.09.

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

Shares of NASDAQ:PANW traded down $1.04 during trading on Friday, hitting $167.06. 9,831,203 shares of the stock were exchanged, compared to its average volume of 9,794,964. The company has a fifty day moving average price of $194.23 and a two-hundred day moving average price of $186.91. The company has a market cap of $111.40 billion, a PE ratio of 95.46, a P/E/G ratio of 3.96 and a beta of 0.94. Palo Alto Networks has a 12-month low of $144.15 and a 12-month high of $210.39.

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

Shares of Arista Networks stock traded down $0.13 during trading on Friday, hitting $139.15. 9,762,075 shares of the company were exchanged, compared to its average volume of 10,029,182. Arista Networks has a fifty-two week low of $59.43 and a fifty-two week high of $141.01. The stock has a market capitalization of $174.89 billion, a price-to-earnings ratio of 54.73, a P/E/G ratio of 3.61 and a beta of 1.37. The firm has a 50 day moving average price of $105.60 and a 200 day moving average price of $95.30.

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

CRH traded up $2.64 during trading on Friday, hitting $109.56. The company’s stock had a trading volume of 7,683,843 shares, compared to its average volume of 4,160,455. The firm’s 50 day moving average price is $94.17 and its 200-day moving average price is $94.95. The stock has a market cap of $74.02 billion, a PE ratio of 22.92, a PEG ratio of 1.41 and a beta of 1.26. CRH has a twelve month low of $76.75 and a twelve month high of $110.97.

CyberArk Software (CYBR)

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.

Shares of CYBR stock traded down $2.86 on Friday, reaching $399.76. 1,913,309 shares of the stock were exchanged, compared to its average volume of 2,390,979. The stock has a market cap of $19.76 billion, a P/E ratio of -118.62 and a beta of 0.96. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.53. The firm has a 50 day moving average of $394.49 and a two-hundred day moving average of $369.93. CyberArk Software has a 1-year low of $254.43 and a 1-year high of $452.00.

AT&T (T)

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

AT&T stock traded up $0.02 during trading on Friday, reaching $28.08. 23,594,470 shares of the company’s stock were exchanged, compared to its average volume of 34,716,284. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.81. The company’s 50-day moving average is $27.83 and its two-hundred day moving average is $27.04. The firm has a market cap of $200.78 billion, a price-to-earnings ratio of 15.95, a PEG ratio of 3.48 and a beta of 0.42. AT&T has a 52-week low of $18.97 and a 52-week high of $29.19.