Promising Industrial Stocks To Watch Today – April 17th

Tesla, Broadcom, and Hertz Global are the three Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks are shares of companies involved in the production and distribution of goods and services for the industrial sector, including machinery, transportation, aerospace, and construction. These stocks are often influenced by broader economic cycles, as demand for industrial products tends to rise during periods of economic expansion and infrastructure development. 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.

Tesla stock traded down $0.70 during mid-day trading on Thursday, reaching $240.85. 49,267,500 shares of the company traded hands, compared to its average volume of 95,819,824. Tesla has a 52-week low of $138.80 and a 52-week high of $488.54. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. The firm’s 50 day moving average price is $277.86 and its 200 day moving average price is $322.47. The firm has a market capitalization of $774.71 billion, a price-to-earnings ratio of 118.30, a P/E/G ratio of 5.86 and a beta of 2.58.

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.

Broadcom stock traded down $2.67 during mid-day trading on Thursday, reaching $171.94. 10,197,960 shares of the stock traded hands, compared to its average volume of 31,294,127. The business’s 50-day moving average is $192.40 and its 200-day moving average is $195.88. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. The stock has a market capitalization of $808.46 billion, a PE ratio of 140.48, a price-to-earnings-growth ratio of 2.29 and a beta of 1.05. Broadcom has a 12-month low of $119.76 and a 12-month high of $251.88.

Hertz Global (HTZ)

Hertz Global Holdings, Inc. operates as a vehicle rental company. The company operates through two segments, Americas Rental Car and International Rental Car. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand.

Shares of NYSE HTZ traded up $2.71 during midday trading on Thursday, hitting $8.42. The company’s stock had a trading volume of 180,572,535 shares, compared to its average volume of 7,908,898. The firm has a market cap of $2.58 billion, a P/E ratio of -0.91 and a beta of 2.37. The business’s 50 day moving average is $4.00 and its two-hundred day moving average is $3.83. Hertz Global has a 12-month low of $2.47 and a 12-month high of $8.61.