Telecom Stocks To Follow Today – March 10th

Broadcom, ServiceNow, AT&T, Arista Networks, CRH, Palo Alto Networks, and Apollo Global Management are the seven Telecom stocks to watch today, according to MarketBeat’s stock screener tool. Telecom stocks are shares of companies that operate in the telecommunications industry, providing essential services such as voice, data, and internet connectivity. These stocks often represent firms with subscription-based revenue models and significant infrastructure investments, making them sensitive to regulatory changes, technological shifts, and market competition. These companies had the highest dollar trading volume of any Telecom stocks within the last several days.

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 NASDAQ:AVGO traded down $12.87 on Monday, hitting $182.10. The stock had a trading volume of 25,471,654 shares, compared to its average volume of 30,015,566. The firm’s 50 day moving average price is $222.28 and its 200-day moving average price is $193.12. The company has a market capitalization of $853.54 billion, a price-to-earnings ratio of 148.89, a price-to-earnings-growth ratio of 2.29 and a beta of 1.01. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.07 and a current ratio of 1.17. Broadcom has a twelve month low of $119.76 and a twelve month high of $251.88.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

NYSE NOW traded down $64.54 during trading hours on Monday, reaching $786.09. 2,082,568 shares of the company’s stock were exchanged, compared to its average volume of 1,712,437. The company’s 50-day moving average is $1,017.44 and its two-hundred day moving average is $985.92. ServiceNow has a one year low of $637.99 and a one year high of $1,198.09. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market capitalization of $161.93 billion, a price-to-earnings ratio of 114.40, a price-to-earnings-growth ratio of 4.51 and a beta of 1.03.

AT&T (T)

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

Shares of NYSE T traded up $0.24 during trading hours on Monday, hitting $27.36. The company had a trading volume of 32,364,530 shares, compared to its average volume of 40,534,012. The firm’s 50 day moving average is $24.30 and its 200-day moving average is $22.84. AT&T has a 1-year low of $15.94 and a 1-year high of $27.97. The stock has a market capitalization of $196.37 billion, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 3.00 and a beta of 0.56. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.00.

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

Arista Networks stock traded down $6.04 during mid-day trading on Monday, hitting $77.32. 9,996,404 shares of the company’s stock traded hands, compared to its average volume of 8,713,392. The stock has a market cap of $97.50 billion, a price-to-earnings ratio of 34.69, a P/E/G ratio of 3.10 and a beta of 1.08. The firm has a 50 day simple moving average of $108.92 and a two-hundred day simple moving average of $102.18. Arista Networks has a fifty-two week low of $60.08 and a fifty-two week high of $133.58.

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

CRH stock traded down $4.42 during midday trading on Monday, reaching $93.10. The company had a trading volume of 7,838,090 shares, compared to its average volume of 4,657,299. The company has a market capitalization of $63.23 billion, a price-to-earnings ratio of 18.57, a price-to-earnings-growth ratio of 1.15 and a beta of 1.30. CRH has a 1-year low of $71.18 and a 1-year high of $110.97. The stock has a 50 day moving average price of $99.06 and a 200-day moving average price of $95.90.

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

Shares of NASDAQ:PANW traded down $6.74 during midday trading on Monday, hitting $174.19. 3,061,191 shares of the stock were exchanged, compared to its average volume of 5,931,380. The business’s 50-day moving average price is $186.05 and its 200 day moving average price is $184.81. Palo Alto Networks has a 12 month low of $132.50 and a 12 month high of $208.39. The stock has a market capitalization of $115.33 billion, a price-to-earnings ratio of 97.79, a P/E/G ratio of 5.64 and a beta of 1.04.

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

APO stock traded down $8.15 during trading on Monday, hitting $124.25. The company had a trading volume of 3,318,687 shares, compared to its average volume of 3,547,107. The stock has a market cap of $70.88 billion, a PE ratio of 16.93, a PEG ratio of 1.17 and a beta of 1.66. Apollo Global Management has a one year low of $95.11 and a one year high of $189.49. The business has a 50-day moving average of $159.88 and a 200-day moving average of $150.64. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.33.