Promising Industrial Stocks To Follow Today – February 04th

Tesla, Broadcom, and Danaher are the three Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks refer to the stocks of companies that are involved in the production and manufacturing of goods and services such as machinery, equipment, transportation, and construction. These companies form the backbone of the industrial sector and their stock performance is often tied to economic trends and industrial activity. 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 Tesla stock traded up $1.99 during trading hours on Tuesday, hitting $385.67. The company’s stock had a trading volume of 32,559,810 shares, compared to its average volume of 74,333,430. Tesla has a twelve month low of $138.80 and a twelve month high of $488.54. The firm has a fifty day moving average of $405.12 and a 200-day moving average of $300.65. The stock has a market cap of $1.24 trillion, a price-to-earnings ratio of 188.13, a P/E/G ratio of 6.79 and a beta of 2.34. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02.

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.

Shares of Broadcom stock traded up $2.24 during trading hours on Tuesday, hitting $219.97. The company’s stock had a trading volume of 9,958,524 shares, compared to its average volume of 30,530,195. The firm has a fifty day moving average of $214.47 and a 200-day moving average of $182.60. Broadcom has a twelve month low of $119.76 and a twelve month 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 stock has a market cap of $1.03 trillion, a price-to-earnings ratio of 178.57, a P/E/G ratio of 2.31 and a beta of 1.02.

Danaher (DHR)

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The Biotechnology segments offers bioprocess technologies, consumables, and services that advance, accelerate, and integrate the development and manufacture of therapeutics; cell line and cell culture media development services; cell culture media, process liquids and buffers for manufacturing, chromatography resins, filtration technologies, aseptic fill finish; single-use hardware and consumables and services, such as the design and installation of full manufacturing suites; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes, and services; and healthcare filtration solutions.

DHR traded down $1.23 during mid-day trading on Tuesday, hitting $213.03. 3,755,499 shares of the stock were exchanged, compared to its average volume of 3,776,062. The firm’s fifty day moving average is $234.93 and its two-hundred day moving average is $252.88. Danaher has a 1-year low of $210.04 and a 1-year high of $281.70. The company has a current ratio of 1.40, a quick ratio of 1.05 and a debt-to-equity ratio of 0.31. The company has a market cap of $153.87 billion, a PE ratio of 40.35, a PEG ratio of 2.80 and a beta of 0.83.