Industrial Stocks To Watch Now – March 24th

Tesla, Broadcom, Micron Technology, AZEK, and Chevron are the five Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks represent shares of companies engaged in the production of goods and services that support manufacturing and construction, such as machinery, aerospace, or transportation equipment. These stocks tend to be cyclical, meaning their performance is closely tied to the overall health of the economy. 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.

Shares of TSLA traded up $25.07 during midday trading on Monday, reaching $273.78. 99,264,256 shares of the stock were exchanged, compared to its average volume of 91,329,036. The stock’s 50 day simple moving average is $335.19 and its 200 day simple moving average is $321.15. The company has a market cap of $880.62 billion, a P/E ratio of 134.21, a PEG ratio of 5.86 and a beta of 2.50. Tesla has a twelve month low of $138.80 and a twelve month high of $488.54. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08.

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 $1.40 during mid-day trading on Monday, reaching $193.06. 13,126,594 shares of the company’s stock were exchanged, compared to its average volume of 28,885,768. Broadcom has a one year low of $119.76 and a one year high of $251.88. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.07 and a current ratio of 1.17. The business’s fifty day simple moving average is $214.38 and its two-hundred day simple moving average is $195.37. The firm has a market capitalization of $907.76 billion, a PE ratio of 157.47, a price-to-earnings-growth ratio of 2.29 and a beta of 1.01.

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 NASDAQ:MU traded up $1.97 on Monday, reaching $96.69. 18,156,153 shares of the company’s stock were exchanged, compared to its average volume of 22,485,156. The company has a current ratio of 2.72, a quick ratio of 1.75 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $107.73 billion, a price-to-earnings ratio of 27.86 and a beta of 1.23. The company has a fifty day moving average of $96.82 and a 200-day moving average of $98.34. Micron Technology has a twelve month low of $83.54 and a twelve month high of $157.54.

AZEK (AZEK)

The AZEK Company Inc. engages in the design, manufacturing, and selling of building products for residential, commercial, and industrial markets in the United States and Canada. It operates through two segments: Residential and Commercial. The Residential segment designs and manufactures engineered outdoor living products, such as decking, railing, trim and molding, siding and cladding, pergolas and cabanas, and accessories under the TimberTech, AZEK Exteriors, VERSATEX, ULTRALOX, StruXure, and INTEX brands.

AZEK stock traded up $6.12 during mid-day trading on Monday, reaching $47.51. 16,728,602 shares of the company were exchanged, compared to its average volume of 1,715,228. The firm has a market cap of $6.83 billion, a PE ratio of 47.99, a PEG ratio of 1.91 and a beta of 1.95. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.56 and a quick ratio of 1.19. The company has a fifty day simple moving average of $47.32 and a 200-day simple moving average of $47.18. AZEK has a 12 month low of $35.48 and a 12 month high of $54.91.

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

Shares of CVX traded up $0.68 during trading hours on Monday, hitting $165.43. 3,668,500 shares of the company were exchanged, compared to its average volume of 7,322,679. The company has a market cap of $291.26 billion, a price-to-earnings ratio of 17.02, a P/E/G ratio of 1.46 and a beta of 1.08. The firm’s fifty day moving average is $156.29 and its 200 day moving average is $152.64. Chevron has a fifty-two week low of $135.37 and a fifty-two week high of $167.11. The company has a quick ratio of 0.80, a current ratio of 1.07 and a debt-to-equity ratio of 0.13.