Growth Stocks To Consider – July 2nd

Circle Internet Group, Novo Nordisk A/S, Welltower, BlackRock, and Blackstone 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 an above-average rate compared with the overall market. These firms typically reinvest profits back into the business—into research, development or expansion—rather than paying dividends. Investors in growth stocks seek capital appreciation but must be comfortable with higher volatility and valuation risk. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Circle Internet Group (CRCL)

Founded in 2013, Circle’s mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

NYSE:CRCL traded down $9.45 on Wednesday, hitting $183.08. The company had a trading volume of 12,087,394 shares, compared to its average volume of 45,792,531. Circle Internet Group has a 52 week low of $64.00 and a 52 week high of $298.99. The company has a market cap of $40.74 billion and a price-to-earnings ratio of -14,468.15.

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.

NVO remained flat at $69.82 on Wednesday. The company’s stock had a trading volume of 4,849,876 shares, compared to its average volume of 9,374,003. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.74 and a quick ratio of 0.56. The stock has a market cap of $311.75 billion, a P/E ratio of 20.66, a price-to-earnings-growth ratio of 1.23 and a beta of 0.64. Novo Nordisk A/S has a fifty-two week low of $57.00 and a fifty-two week high of $143.69. The firm’s fifty day moving average price is $69.52 and its 200-day moving average price is $76.51.

Welltower (WELL)

Welltower Inc. (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.

WELL traded down $0.78 during trading on Wednesday, reaching $150.82. 1,355,261 shares of the company’s stock were exchanged, compared to its average volume of 3,088,858. The stock has a market capitalization of $98.63 billion, a PE ratio of 86.68, a price-to-earnings-growth ratio of 1.79 and a beta of 0.92. Welltower has a one year low of $102.92 and a one year high of $158.55. The firm has a fifty day moving average price of $150.78 and a two-hundred day moving average price of $144.03. The company has a current ratio of 4.23, a quick ratio of 4.23 and a debt-to-equity ratio of 0.46.

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.

BlackRock stock traded up $7.60 during mid-day trading on Wednesday, hitting $1,061.87. 188,589 shares of the stock were exchanged, compared to its average volume of 691,813. BlackRock has a 12 month low of $773.74 and a 12 month high of $1,084.22. The firm’s fifty day simple moving average is $969.60 and its two-hundred day simple moving average is $968.68. The stock has a market capitalization of $164.52 billion, a price-to-earnings ratio of 25.82, a PEG ratio of 3.18 and a beta of 1.41. The company has a quick ratio of 4.34, a current ratio of 4.34 and a debt-to-equity ratio of 0.38.

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.

Shares of Blackstone stock traded down $1.13 on Wednesday, hitting $151.64. 1,286,614 shares of the company’s stock traded hands, compared to its average volume of 4,327,245. The company has a market capitalization of $110.64 billion, a price-to-earnings ratio of 45.67, a price-to-earnings-growth ratio of 1.37 and a beta of 1.65. Blackstone has a one year low of $115.66 and a one year high of $200.96. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.75. The company has a fifty day moving average of $139.81 and a two-hundred day moving average of $151.83.