Promising Retail Stocks To Keep An Eye On – May 17th

Tesla, UnitedHealth Group, and Apple are the three Retail stocks to watch today, according to MarketBeat’s stock screener tool. Retail stocks are shares of publicly traded companies whose primary business is selling consumer goods directly to individuals through brick-and-mortar stores or online platforms. Their performance tends to correlate closely with consumer spending patterns, seasonal trends and broader economic conditions. These companies had the highest dollar trading volume of any Retail 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 up $7.16 during midday trading on Friday, hitting $349.98. 93,349,107 shares of the stock traded hands, compared to its average volume of 97,010,697. The company has a market cap of $1.13 trillion, a PE ratio of 171.56, a P/E/G ratio of 5.86 and a beta of 2.43. Tesla has a one year low of $167.41 and a one year high of $488.54. The business has a 50 day moving average price of $267.35 and a two-hundred day moving average price of $329.59. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of NYSE UNH traded up $16.89 during midday trading on Friday, hitting $291.24. 70,463,502 shares of the stock traded hands, compared to its average volume of 5,862,885. The business has a 50 day moving average price of $470.82 and a two-hundred day moving average price of $513.95. UnitedHealth Group has a one year low of $248.88 and a one year high of $630.73. The company has a market cap of $264.20 billion, a PE ratio of 18.79, a P/E/G ratio of 1.37 and a beta of 0.56. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83.

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

Apple stock traded down $0.19 during trading on Friday, hitting $211.26. 53,614,750 shares of the company were exchanged, compared to its average volume of 55,938,270. The business’s 50 day moving average is $206.09 and its 200 day moving average is $226.68. Apple has a 52 week low of $169.21 and a 52 week high of $260.10. The company has a market capitalization of $3.16 trillion, a P/E ratio of 33.53, a PEG ratio of 2.44 and a beta of 1.27. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26.