Promising Growth Stocks Worth Watching – March 2nd

BlackRock, Welltower, and Apollo Global Management are the three Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares in companies that are expected to grow faster than the overall market or their industry peers. These stocks typically reinvest earnings back into the company rather than paying dividends, positioning them for future expansion and innovation. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

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 NYSE BLK traded up $34.55 during mid-day trading on Friday, hitting $979.44. 1,412,147 shares of the company were exchanged, compared to its average volume of 840,890. The stock has a 50 day simple moving average of $1,003.74 and a 200-day simple moving average of $981.81. The firm has a market cap of $151.69 billion, a price-to-earnings ratio of 23.32, a price-to-earnings-growth ratio of 1.90 and a beta of 1.28. The company has a quick ratio of 5.23, a current 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.

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.

Welltower stock traded up $2.02 during midday trading on Friday, reaching $153.54. 5,298,875 shares of the company were exchanged, compared to its average volume of 2,703,079. The firm’s 50-day simple moving average is $136.36 and its 200-day simple moving average is $131.48. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. Welltower has a 1 year low of $87.87 and a 1 year high of $153.90. The company has a market capitalization of $98.47 billion, a price-to-earnings ratio of 98.42, a P/E/G ratio of 2.87 and a beta of 1.23.

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

Shares of NYSE APO traded up $1.77 during midday trading on Friday, hitting $149.21. The stock had a trading volume of 4,825,672 shares, compared to its average volume of 3,405,376. The company has a market capitalization of $84.42 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 1.17 and a beta of 1.63. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.33. Apollo Global Management has a 1-year low of $95.11 and a 1-year high of $189.49. The company has a fifty day moving average price of $163.39 and a 200 day moving average price of $149.36.