Promising Energy Stocks To Follow Now – June 10th

Tesla, Broadcom, and GE Vernova are the three Energy stocks to watch today, according to MarketBeat’s stock screener tool. Energy stocks are shares of companies involved in the exploration, production, refining and distribution of energy resources such as oil, natural gas, coal and renewables. Investors in energy stocks gain exposure to the sector’s price swings, regulatory changes and global demand dynamics. These stocks can offer growth and dividend income but are often sensitive to commodity-price volatility and geopolitical developments. 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.

TSLA stock traded up $8.53 during trading on Tuesday, hitting $317.11. The company had a trading volume of 81,708,893 shares, compared to its average volume of 109,402,141. The business has a 50 day moving average of $292.68 and a 200 day moving average of $333.20. The firm has a market capitalization of $1.02 trillion, a price-to-earnings ratio of 155.08, a P/E/G ratio of 5.86 and a beta of 2.47. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. Tesla has a fifty-two week low of $167.41 and a fifty-two week high of $488.54.

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 up $0.99 on Tuesday, reaching $245.27. 9,869,411 shares of the stock traded hands, compared to its average volume of 28,972,137. Broadcom has a 12 month low of $128.50 and a 12 month high of $265.43. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.98. The company has a market cap of $1.15 trillion, a price-to-earnings ratio of 200.00, a P/E/G ratio of 2.29 and a beta of 1.11. The firm’s fifty day simple moving average is $205.17 and its 200 day simple moving average is $207.37.

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

Shares of GEV traded down $18.25 during trading hours on Tuesday, hitting $461.75. 2,023,649 shares of the company were exchanged, compared to its average volume of 3,845,007. The company has a market capitalization of $126.03 billion, a PE ratio of 83.05, a PEG ratio of 3.03 and a beta of 1.97. The firm has a fifty day simple moving average of $392.70 and a 200-day simple moving average of $361.82. GE Vernova has a one year low of $150.01 and a one year high of $500.72.