Top Industrial Stocks To Add to Your Watchlist – February 01st

Tesla, Broadcom, Chevron, Eaton, International Paper, Vistra, and Micron Technology are the seven Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks refer to the stocks of companies involved in the production and manufacturing of goods and services, typically in sectors such as machinery, construction, aerospace, and automotive. These stocks are often influenced by factors such as economic conditions, global demand for products, and technological advancements in the industrial sector. 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 $4.32 during trading on Friday, hitting $404.60. The company’s stock had a trading volume of 83,239,854 shares, compared to its average volume of 66,449,784. Tesla has a 52 week low of $138.80 and a 52 week high of $488.54. The company has a quick ratio of 1.37, a current ratio of 1.84 and a debt-to-equity ratio of 0.08. The firm has a market cap of $1.30 trillion, a P/E ratio of 198.33, a price-to-earnings-growth ratio of 8.08 and a beta of 2.30. The firm has a 50 day moving average price of $404.22 and a 200 day moving average price of $299.05.

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.

AVGO stock traded up $5.61 on Friday, reaching $221.27. 41,097,327 shares of the company were exchanged, compared to its average volume of 27,719,020. The firm has a market capitalization of $1.04 trillion, a PE ratio of 180.48, a PEG ratio of 2.16 and a beta of 1.03. Broadcom has a 12 month low of $117.43 and a 12 month high of $251.88. The stock’s fifty day moving average price is $213.41 and its 200 day moving average price is $181.93. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07.

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.

NYSE CVX traded down $7.11 during midday trading on Friday, hitting $149.21. The company had a trading volume of 16,725,506 shares, compared to its average volume of 6,860,612. The firm has a fifty day simple moving average of $153.19 and a two-hundred day simple moving average of $151.14. The stock has a market cap of $268.14 billion, a price-to-earnings ratio of 16.40, a P/E/G ratio of 1.35 and a beta of 1.12. The company has a quick ratio of 0.80, a current ratio of 1.07 and a debt-to-equity ratio of 0.13. Chevron has a fifty-two week low of $135.37 and a fifty-two week high of $167.11.

Eaton (ETN)

Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.

ETN stock traded down $0.78 during trading on Friday, reaching $326.32. 6,485,063 shares of the stock were exchanged, compared to its average volume of 3,088,837. Eaton has a twelve month low of $245.65 and a twelve month high of $379.99. The company has a current ratio of 1.53, a quick ratio of 1.00 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $128.96 billion, a P/E ratio of 34.72, a price-to-earnings-growth ratio of 2.21 and a beta of 1.06. The stock has a 50 day simple moving average of $349.23 and a 200-day simple moving average of $331.08.

International Paper (IP)

International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others.

Shares of IP stock traded down $1.40 during mid-day trading on Friday, reaching $55.65. The stock had a trading volume of 36,747,790 shares, compared to its average volume of 4,788,641. The firm has a market cap of $19.33 billion, a PE ratio of 47.56 and a beta of 1.03. The company has a quick ratio of 1.11, a current ratio of 1.53 and a debt-to-equity ratio of 0.62. International Paper has a one year low of $32.70 and a one year high of $60.36. The firm’s 50 day simple moving average is $56.06 and its 200 day simple moving average is $51.62.

Vistra (VST)

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.

Vistra stock traded down $8.22 on Friday, hitting $168.08. The company’s stock had a trading volume of 12,153,496 shares, compared to its average volume of 9,147,235. Vistra has a one year low of $40.78 and a one year high of $199.84. The firm has a market cap of $57.18 billion, a P/E ratio of 31.36, a price-to-earnings-growth ratio of 1.05 and a beta of 1.21. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The company has a fifty day moving average price of $156.24 and a 200-day moving average price of $122.39.

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.

NASDAQ MU traded down $1.26 on Friday, reaching $91.24. The company’s stock had a trading volume of 20,484,995 shares, compared to its average volume of 24,383,638. The firm has a market cap of $101.66 billion, a PE ratio of 26.29 and a beta of 1.18. The company has a current ratio of 2.72, a quick ratio of 1.75 and a debt-to-equity ratio of 0.28. Micron Technology has a 52 week low of $79.15 and a 52 week high of $157.54. The business has a 50-day moving average price of $97.43 and a 200 day moving average price of $100.07.