Best Blue Chip Stocks To Watch Today – May 8th

Karman, RF Industries, and NetSol Technologies are the three Blue Chip stocks to watch today, according to MarketBeat’s stock screener tool. Blue-chip stocks are shares of large, well-established companies with strong balance sheets, a history of stable earnings and reliable dividend payments. They typically operate in mature industries, enjoy widespread brand recognition and exhibit lower volatility than smaller firms. Investors often hold blue chips as core portfolio positions for steady long-term growth and income with relatively lower risk. These companies had the highest dollar trading volume of any Blue Chip stocks within the last several days.

Karman (KRMN)

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.

KRMN stock traded up $0.51 during midday trading on Thursday, reaching $38.61. 88,165 shares of the stock were exchanged, compared to its average volume of 912,328. The firm has a fifty day moving average of $33.38. Karman has a 52 week low of $25.02 and a 52 week high of $39.25.

RF Industries (RFIL)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

RFIL traded down $0.09 during trading on Thursday, reaching $3.88. 7,322 shares of the stock traded hands, compared to its average volume of 23,216. RF Industries has a 12 month low of $2.88 and a 12 month high of $5.77. The stock’s 50-day moving average is $4.12 and its 200 day moving average is $4.25. The stock has a market capitalization of $41.40 million, a PE ratio of -6.16 and a beta of 0.59.

NetSol Technologies (NTWK)

NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.

NTWK stock traded down $0.05 during mid-day trading on Thursday, reaching $2.40. 231 shares of the company traded hands, compared to its average volume of 22,341. The stock has a market cap of $28.01 million, a price-to-earnings ratio of -35.00 and a beta of 1.06. The firm’s 50 day moving average price is $2.38 and its 200 day moving average price is $2.60. NetSol Technologies has a fifty-two week low of $2.14 and a fifty-two week high of $3.34.