Promising Growth Stocks To Watch Today – March 15th

Blackstone, BlackRock, Prologis, Novo Nordisk A/S, and Apollo Global Management are the five Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares of companies expected to grow their revenues and earnings at rates significantly above the market average. These companies usually reinvest profits into expansion rather than paying dividends, which can lead to greater long-term capital appreciation but also involves higher risk. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

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.

NYSE:BX traded up $4.48 during midday trading on Friday, hitting $141.01. The company’s stock had a trading volume of 5,222,050 shares, compared to its average volume of 3,329,023. Blackstone has a fifty-two week low of $115.82 and a fifty-two week high of $200.96. The firm’s 50 day moving average is $165.90 and its 200-day moving average is $166.84. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.67 and a quick ratio of 0.71. The firm has a market cap of $102.86 billion, a P/E ratio of 38.85, 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.

NYSE:BLK traded up $28.28 during midday trading on Friday, hitting $928.74. The company’s stock had a trading volume of 623,606 shares, compared to its average volume of 609,901. BlackRock has a fifty-two week low of $745.55 and a fifty-two week high of $1,084.22. The firm’s 50 day moving average is $983.61 and its 200-day moving average is $985.61. The company has a debt-to-equity ratio of 0.45, a current ratio of 5.23 and a quick ratio of 5.23. The firm has a market cap of $144.19 billion, a P/E ratio of 22.11, a P/E/G ratio of 1.90 and a beta of 1.29.

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 up $1.62 during midday trading on Friday, hitting $111.98. The company’s stock had a trading volume of 4,732,659 shares, compared to its average volume of 3,672,837. Prologis has a fifty-two week low of $100.82 and a fifty-two week high of $132.57. The firm’s 50 day moving average is $116.89 and its 200-day moving average is $117.61. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.75 and a quick ratio of 0.43. The firm has a market cap of $103.79 billion, a P/E ratio of 28.00, a P/E/G ratio of 2.70 and a beta of 1.09.

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 up $1.33 during midday trading on Friday, hitting $77.22. The company’s stock had a trading volume of 6,503,447 shares, compared to its average volume of 5,391,641. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.74 and a quick ratio of 0.55. Novo Nordisk A/S has a fifty-two week low of $73.80 and a fifty-two week high of $148.15. The firm’s 50 day moving average is $83.95 and its 200-day moving average is $103.24. The firm has a market cap of $346.54 billion, a P/E ratio of 23.47, a P/E/G ratio of 0.90 and a beta of 0.42.

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.

Apollo Global Management stock traded up $4.12 during mid-day trading on Friday, hitting $134.36. The company had a trading volume of 2,876,639 shares, compared to its average volume of 3,710,642. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.33. Apollo Global Management has a 12-month low of $95.11 and a 12-month high of $189.49. The company’s fifty day moving average is $156.36 and its 200-day moving average is $150.79. The company has a market capitalization of $76.65 billion, a price-to-earnings ratio of 18.38, a P/E/G ratio of 1.17 and a beta of 1.66.