Top Energy Stocks To Keep An Eye On – May 15th

Tesla, Broadcom, and AltC Acquisition are the three Energy stocks to watch today, according to MarketBeat’s stock screener tool. Energy stocks are shares issued by companies involved in the production, exploration, refining and distribution of energy resources such as oil, natural gas, coal and renewables. They give investors exposure to the performance of the energy sector, with returns often tied to commodity price movements, regulatory changes and global demand trends. By holding energy stocks, shareholders participate in both the risks and potential rewards of the industry’s cyclical nature. These companies had the highest dollar trading volume of any Energy 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.

Shares of NASDAQ TSLA traded down $2.31 during midday trading on Thursday, hitting $345.37. The stock had a trading volume of 63,285,282 shares, compared to its average volume of 96,671,131. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. Tesla has a fifty-two week low of $167.41 and a fifty-two week high of $488.54. The firm has a market cap of $1.11 trillion, a P/E ratio of 168.90, a price-to-earnings-growth ratio of 5.86 and a beta of 2.43. The company’s 50-day simple moving average is $262.55 and its 200 day simple moving average is $328.41.

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 up $2.17 during trading hours on Thursday, reaching $234.29. 8,314,409 shares of the company’s stock traded hands, compared to its average volume of 31,190,851. The firm has a market capitalization of $1.10 trillion, a price-to-earnings ratio of 190.84, a PEG ratio of 2.29 and a beta of 1.04. 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 fifty-two week low of $128.50 and a fifty-two week high of $251.88. The firm’s 50 day moving average is $185.35 and its 200-day moving average is $198.49.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Shares of NYSE:ALCC traded up $4.98 during midday trading on Thursday, hitting $37.01. The company had a trading volume of 39,267,338 shares, compared to its average volume of 723,393. AltC Acquisition has a 12 month low of $10.27 and a 12 month high of $18.80. The firm has a fifty day simple moving average of $24.55 and a 200 day simple moving average of $27.36.