Growth Stocks Worth Watching – March 25th

Novo Nordisk A/S, Blackstone, BlackRock, Welltower, and Prologis are the five Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares in companies that are expected to experience above-average growth in revenue and earnings compared to the overall market. These companies typically reinvest earnings into expanding their business rather than paying dividends, appealing to investors seeking capital appreciation despite often higher volatility and risk. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Novo Nordisk A/S (NVO)

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.

NYSE:NVO traded down $1.08 during trading hours on Tuesday, reaching $74.25. 3,950,749 shares of the company were exchanged, compared to its average volume of 5,430,226. The firm has a market cap of $333.19 billion, a price-to-earnings ratio of 22.55, a PEG ratio of 0.90 and a beta of 0.42. The stock has a 50 day simple moving average of $83.16 and a 200 day simple moving average of $100.35. Novo Nordisk A/S has a 52-week low of $73.80 and a 52-week high of $148.15. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.74 and a quick ratio of 0.55.

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

Shares of BX traded down $1.21 during trading hours on Tuesday, hitting $150.88. The stock had a trading volume of 1,111,805 shares, compared to its average volume of 3,278,089. The company’s fifty day simple moving average is $163.26 and its 200 day simple moving average is $167.59. Blackstone has a 12-month low of $115.82 and a 12-month high of $200.96. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.71 and a current ratio of 0.67. The firm has a market cap of $110.05 billion, a P/E ratio of 41.56, a P/E/G ratio of 1.07 and a beta of 1.55.

BlackRock (BLK)

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

Shares of BlackRock stock traded up $10.53 during trading hours on Tuesday, reaching $974.03. The stock had a trading volume of 170,693 shares, compared to its average volume of 628,101. The company has a current ratio of 5.23, a quick ratio of 5.23 and a debt-to-equity ratio of 0.45. BlackRock has a 1 year low of $745.55 and a 1 year high of $1,084.22. The firm has a market capitalization of $151.22 billion, a price-to-earnings ratio of 23.19, a P/E/G ratio of 1.90 and a beta of 1.28. The firm has a 50 day simple moving average of $980.97 and a two-hundred day simple moving average of $989.75.

Welltower (WELL)

Welltower Inc. (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.

NYSE WELL traded down $1.60 during mid-day trading on Tuesday, hitting $148.25. The company’s stock had a trading volume of 848,883 shares, compared to its average volume of 2,633,305. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.22 and a quick ratio of 4.22. Welltower has a 52-week low of $87.87 and a 52-week high of $158.55. The stock’s fifty day simple moving average is $143.98 and its two-hundred day simple moving average is $134.97. The firm has a market capitalization of $95.07 billion, a P/E ratio of 95.00, a price-to-earnings-growth ratio of 2.87 and a beta of 1.20.

Prologis (PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.

NYSE PLD traded down $0.85 during trading hours on Tuesday, hitting $109.41. The company had a trading volume of 1,061,294 shares, compared to its average volume of 3,692,242. The firm’s 50 day moving average is $117.64 and its 200 day moving average is $116.80. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.75 and a quick ratio of 0.43. Prologis has a fifty-two week low of $100.82 and a fifty-two week high of $132.57. The company has a market capitalization of $101.41 billion, a price-to-earnings ratio of 27.35, a P/E/G ratio of 2.70 and a beta of 1.09.