Promising Blue Chip Stocks To Add to Your Watchlist – May 9th

Karman, RF Industries, NetSol Technologies, and Fidelity Blue Chip Growth are the seven Blue Chip stocks to watch today, according to MarketBeat’s stock screener tool. Blue chip stocks are shares of large, well‐established companies with a long track record of stable earnings, strong balance sheets and reliable dividend payments. These firms are typically leaders in their industries and boast high market capitalizations. Investors often regard blue chip stocks as lower‐risk holdings that can provide steady returns over time. These companies had the highest dollar trading volume of any Blue Chip stocks within the last several days.

Karman (KRMN)

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.

Shares of KRMN traded down $0.34 during trading hours on Friday, hitting $38.26. 209,749 shares of the stock traded hands, compared to its average volume of 905,665. The firm has a fifty day simple moving average of $33.48. Karman has a 1-year low of $25.02 and a 1-year high of $39.97.

RF Industries (RFIL)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

Shares of RFIL stock traded up $0.01 during trading on Friday, reaching $3.98. The company’s stock had a trading volume of 1,255 shares, compared to its average volume of 23,180. The business has a fifty day moving average price of $4.12 and a 200-day moving average price of $4.25. RF Industries has a one year low of $2.88 and a one year high of $5.77. The company has a market cap of $42.47 million, a price-to-earnings ratio of -6.32 and a beta of 0.59.

NetSol Technologies (NTWK)

NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.

NASDAQ:NTWK traded up $0.05 during trading hours on Friday, reaching $2.45. 303 shares of the company were exchanged, compared to its average volume of 22,281. NetSol Technologies has a 1-year low of $2.14 and a 1-year high of $3.34. The company has a market capitalization of $28.59 million, a P/E ratio of -35.00 and a beta of 1.06. The business has a 50 day moving average of $2.37 and a 200 day moving average of $2.60.

Fidelity Blue Chip Growth (FBGRX)

FBGRX stock traded down $1.58 during trading on Friday, hitting $203.28. The stock’s 50 day moving average is $198.35 and its 200 day moving average is $218.10.