Top Industrial Stocks To Follow Now – March 21st

Tesla, Micron Technology, Broadcom, Chevron, and Accenture are the five Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks are shares in companies that produce goods used in construction, manufacturing, and other industrial sectors. These stocks tend to be closely tied to the economic cycle, often fluctuating in value in response to changes in industrial production and broader economic conditions. 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.

NASDAQ:TSLA traded up $8.63 during trading hours on Friday, reaching $244.89. The company had a trading volume of 75,029,628 shares, compared to its average volume of 90,941,702. The firm has a market cap of $787.69 billion, a price-to-earnings ratio of 120.25, a PEG ratio of 5.86 and a beta of 2.50. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average price is $338.11 and its 200-day moving average price is $319.44. Tesla has a 52 week low of $138.80 and a 52 week high of $488.54.

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 MU stock traded down $8.24 on Friday, reaching $94.76. The stock had a trading volume of 40,813,062 shares, compared to its average volume of 22,755,413. The stock has a market cap of $105.58 billion, a P/E ratio of 27.49 and a beta of 1.23. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 2.72. Micron Technology has a 1 year low of $83.54 and a 1 year high of $157.54. The company has a 50 day simple moving average of $96.92 and a 200 day simple moving average of $98.22.

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 $0.69 during trading hours on Friday, reaching $191.23. 11,981,548 shares of the stock traded hands, compared to its average volume of 29,050,776. Broadcom has a one year low of $119.76 and a one year high of $251.88. The firm has a market capitalization of $899.14 billion, a price-to-earnings ratio of 156.18, a P/E/G ratio of 2.29 and a beta of 1.01. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.98. The company has a 50 day moving average price of $215.03 and a 200 day moving average price of $194.59.

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 down $1.23 on Friday, reaching $163.54. The company’s stock had a trading volume of 5,970,727 shares, compared to its average volume of 7,278,466. Chevron has a 12-month low of $135.37 and a 12-month high of $167.11. The stock has a market capitalization of $287.93 billion, a P/E ratio of 16.83, a PEG ratio of 1.46 and a beta of 1.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.07 and a quick ratio of 0.80. The stock’s 50 day simple moving average is $156.07 and its two-hundred day simple moving average is $152.40.

Accenture (ACN)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

Shares of ACN stock traded up $3.56 during mid-day trading on Friday, reaching $304.47. 3,156,460 shares of the company’s stock traded hands, compared to its average volume of 2,774,436. Accenture has a 12 month low of $278.69 and a 12 month high of $398.35. The firm has a 50 day moving average price of $360.05 and a two-hundred day moving average price of $357.39. The firm has a market capitalization of $190.53 billion, a PE ratio of 25.52, a price-to-earnings-growth ratio of 3.23 and a beta of 1.24. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.47 and a current ratio of 1.47.