Promising Growth Stocks To Follow Now – February 05th

Novo Nordisk A/S, BlackRock, Ares Capital, Apollo Global Management, and Blackstone are the five Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are a type of stock investment in companies that are expected to grow earnings at an above-average rate compared to the overall market. These companies typically reinvest their earnings back into the business to fuel further expansion and capital appreciation, making them attractive for investors seeking high potential returns. 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.

NVO stock traded up $3.88 on Wednesday, hitting $86.50. 9,056,927 shares of the company were exchanged, compared to its average volume of 9,280,718. Novo Nordisk A/S has a twelve month low of $78.17 and a twelve month high of $148.15. The stock has a market capitalization of $388.18 billion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 0.93 and a beta of 0.45. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.94 and a quick ratio of 0.75. The business’s fifty day moving average is $92.65 and its two-hundred day moving average is $112.19.

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.

NYSE:BLK traded down $4.09 during mid-day trading on Wednesday, reaching $1,011.57. The stock had a trading volume of 319,101 shares, compared to its average volume of 813,379. The stock’s 50 day simple moving average is $1,025.92 and its two-hundred day simple moving average is $966.48. BlackRock has a 1-year low of $745.55 and a 1-year high of $1,084.22. The company has a market capitalization of $156.67 billion, a price-to-earnings ratio of 24.06, a price-to-earnings-growth ratio of 2.06 and a beta of 1.28. The company has a debt-to-equity ratio of 0.45, a current ratio of 5.23 and a quick ratio of 5.23.

Ares Capital (ARCC)

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors.

Shares of NASDAQ ARCC traded down $0.90 during mid-day trading on Wednesday, hitting $22.92. The company had a trading volume of 9,995,784 shares, compared to its average volume of 4,457,756. Ares Capital has a 12 month low of $19.32 and a 12 month high of $23.84. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.29 and a quick ratio of 1.29. The business’s 50-day simple moving average is $22.35 and its 200-day simple moving average is $21.49. The firm has a market cap of $14.80 billion, a P/E ratio of 8.81 and a beta of 1.01.

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 APO traded up $1.57 on Wednesday, hitting $164.16. The company’s stock had a trading volume of 1,339,438 shares, compared to its average volume of 3,351,791. The company has a 50 day moving average price of $169.71 and a 200 day moving average price of $144.10. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.44 and a quick ratio of 1.44. The company has a market capitalization of $92.88 billion, a PE ratio of 17.13, a PEG ratio of 1.37 and a beta of 1.63. Apollo Global Management has a fifty-two week low of $95.11 and a fifty-two week high of $189.49.

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 up $1.76 during trading hours on Wednesday, reaching $172.59. The stock had a trading volume of 1,169,036 shares, compared to its average volume of 3,003,244. The company has a market cap of $124.61 billion, a P/E ratio of 47.51, a P/E/G ratio of 1.18 and a beta of 1.53. The company has a quick ratio of 0.71, a current ratio of 0.67 and a debt-to-equity ratio of 0.61. Blackstone has a 52 week low of $115.82 and a 52 week high of $200.96. The firm has a 50-day moving average of $179.34 and a 200 day moving average of $163.11.