Best Telecom Stocks To Add to Your Watchlist – March 3rd

Broadcom, AT&T, Arista Networks, ServiceNow, and Palo Alto Networks are the five Telecom stocks to watch today, according to MarketBeat’s stock screener tool. Telecom stocks are shares in companies that provide telecommunications services, including mobile, broadband, and landline communication. These stocks offer investors exposure to the sector’s innovations and regulatory dynamics while often reflecting the cyclical trends of infrastructure and technology investments. 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.

AVGO stock traded down $8.00 during midday trading on Monday, hitting $191.43. The stock had a trading volume of 18,519,597 shares, compared to its average volume of 27,766,807. The firm has a market cap of $897.30 billion, a PE ratio of 156.02, a price-to-earnings-growth ratio of 2.29 and a beta of 1.02. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. Broadcom has a 12-month low of $119.76 and a 12-month high of $251.88. The company’s 50-day moving average price is $227.44 and its 200 day moving average price is $192.35.

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.

T stock traded up $0.22 during midday trading on Monday, hitting $27.63. The stock had a trading volume of 25,668,955 shares, compared to its average volume of 39,336,813. The firm has a market cap of $198.30 billion, a PE ratio of 18.56, a price-to-earnings-growth ratio of 3.00 and a beta of 0.59. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.66 and a quick ratio of 0.62. The company’s 50-day moving average price is $23.91 and its 200 day moving average price is $22.58. AT&T has a 12-month low of $15.94 and a 12-month high of $27.86.

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.

Arista Networks stock traded down $4.88 during midday trading on Monday, reaching $88.17. The stock had a trading volume of 6,556,582 shares, compared to its average volume of 10,606,099. Arista Networks has a twelve month low of $60.08 and a twelve month high of $133.57. The stock has a market capitalization of $111.19 billion, a PE ratio of 39.77, a price-to-earnings-growth ratio of 3.10 and a beta of 1.09. The stock’s 50-day simple moving average is $111.80 and its 200 day simple moving average is $102.29.

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.

ServiceNow stock traded down $9.08 during midday trading on Monday, reaching $920.68. The stock had a trading volume of 530,341 shares, compared to its average volume of 1,633,237. ServiceNow has a twelve month low of $637.99 and a twelve month high of $1,198.09. The stock has a market capitalization of $189.66 billion, a PE ratio of 134.76, a price-to-earnings-growth ratio of 4.51 and a beta of 0.99. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.10. The stock’s 50-day simple moving average is $1,038.07 and its 200 day simple moving average is $983.95.

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 $2.09 during mid-day trading on Monday, hitting $188.34. The company had a trading volume of 2,145,446 shares, compared to its average volume of 6,154,864. The business has a fifty day simple moving average of $186.64 and a 200-day simple moving average of $184.54. Palo Alto Networks has a 1 year low of $132.50 and a 1 year high of $208.39. The firm has a market capitalization of $124.70 billion, a price-to-earnings ratio of 106.26, a PEG ratio of 5.64 and a beta of 1.14.