Top Energy Stocks Worth Watching – August 18th

Tesla, Broadcom, First Solar, Palo Alto Networks, and AltC Acquisition are the five Energy stocks to watch today, according to MarketBeat’s stock screener tool. Energy stocks are shares of companies involved in the extraction, production, distribution or servicing of energy resources—ranging from traditional oil, natural gas and coal to renewable sources like wind and solar. Investors buy these stocks to gain exposure to the energy sector, whose performance is driven by commodity prices, geopolitical developments and evolving regulatory policies. These companies had the highest dollar trading volume of any Energy stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of TSLA traded up $4.08 during trading hours on Monday, hitting $334.64. The stock had a trading volume of 37,595,879 shares, compared to its average volume of 105,514,750. Tesla has a 52 week low of $202.59 and a 52 week high of $488.54. The company’s fifty day moving average is $320.41 and its two-hundred day moving average is $304.57. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. The stock has a market capitalization of $1.08 trillion, a price-to-earnings ratio of 193.50, a P/E/G ratio of 11.49 and a beta of 2.33.

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.

NASDAQ:AVGO traded down $2.68 during mid-day trading on Monday, reaching $303.66. 8,306,271 shares of the company were exchanged, compared to its average volume of 26,114,715. Broadcom has a 12 month low of $134.90 and a 12 month high of $317.35. The company has a fifty day moving average of $278.27 and a 200 day moving average of $229.89. The company has a quick ratio of 0.98, a current ratio of 1.08 and a debt-to-equity ratio of 0.89. The stock has a market cap of $1.43 trillion, a PE ratio of 113.77, a PEG ratio of 2.18 and a beta of 1.15.

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

NASDAQ:FSLR traded up $19.24 during mid-day trading on Monday, reaching $219.19. 6,849,077 shares of the company were exchanged, compared to its average volume of 3,844,546. First Solar has a 12 month low of $116.56 and a 12 month high of $262.72. The company has a fifty day moving average of $171.26 and a 200 day moving average of $153.71. The company has a quick ratio of 1.41, a current ratio of 1.90 and a debt-to-equity ratio of 0.04. The stock has a market cap of $23.51 billion, a PE ratio of 18.75, a PEG ratio of 0.39 and a beta of 1.48.

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.

NASDAQ:PANW traded down $1.29 during mid-day trading on Monday, reaching $175.81. 6,829,094 shares of the company were exchanged, compared to its average volume of 6,210,555. Palo Alto Networks has a 12 month low of $144.15 and a 12 month high of $210.39. The company has a fifty day moving average of $192.00 and a 200 day moving average of $186.41. The stock has a market cap of $117.23 billion, a PE ratio of 100.32, a PEG ratio of 4.35 and a beta of 0.94.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

NYSE:ALCC traded down $2.60 during mid-day trading on Monday, reaching $71.06. 10,587,425 shares of the company were exchanged, compared to its average volume of 723,393. AltC Acquisition has a 12 month low of $10.27 and a 12 month high of $18.80. The company has a fifty day moving average of $64.44 and a 200 day moving average of $44.30.