Industrial Stocks To Consider – May 15th

Tesla, Broadcom, and Micron Technology are the three Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks are shares of companies involved in the production, distribution and servicing of goods used in construction, manufacturing, transportation and infrastructure. This sector includes firms such as machinery builders, aerospace and defense contractors, engineering and construction companies, and freight and logistics providers. Investors often use industrial stocks to gain exposure to economic growth and capital spending trends. These companies had the highest dollar trading volume of any Industrial 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.

TSLA stock traded down $2.51 on Thursday, hitting $345.17. 64,039,266 shares of the company’s stock were exchanged, compared to its average volume of 107,695,367. The firm has a 50 day moving average price of $262.55 and a two-hundred day moving average price of $328.41. Tesla has a 12-month low of $167.41 and a 12-month high of $488.54. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. The stock has a market cap of $1.11 trillion, a P/E ratio of 169.20, a price-to-earnings-growth ratio of 5.86 and a beta of 2.43.

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 AVGO stock traded up $2.14 on Thursday, hitting $234.26. The company had a trading volume of 8,507,771 shares, compared to its average volume of 30,043,650. The company has a 50-day moving average price of $185.35 and a 200-day moving average price of $198.49. Broadcom has a twelve month low of $128.50 and a twelve month high of $251.88. The firm has a market cap of $1.10 trillion, a P/E ratio of 191.08, a price-to-earnings-growth ratio of 2.29 and a beta of 1.04. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.98.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

Shares of MU stock traded down $0.20 during trading hours on Thursday, reaching $95.12. The company had a trading volume of 11,428,171 shares, compared to its average volume of 23,399,367. The company has a market capitalization of $106.30 billion, a price-to-earnings ratio of 27.38 and a beta of 1.21. Micron Technology has a 12-month low of $61.54 and a 12-month high of $157.54. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 2.72. The stock has a fifty day moving average of $82.78 and a 200-day moving average of $92.83.