Growth Stocks To Research – May 29th

Novo Nordisk A/S, Prologis, and Welltower are the three Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares of companies expected to increase revenues and earnings at an above-average rate compared with the overall market. These firms typically reinvest profits into research, development or expansion rather than paying high dividends, leading investors to pay premium valuation multiples in anticipation of strong future growth. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Novo Nordisk A/S (NVO)

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.

Shares of NYSE:NVO traded up $0.43 during trading hours on Thursday, hitting $69.03. The stock had a trading volume of 5,208,647 shares, compared to its average volume of 6,725,054. Novo Nordisk A/S has a 1-year low of $57.00 and a 1-year high of $148.15. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.55 and a current ratio of 0.74. The firm has a market capitalization of $309.76 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 0.90 and a beta of 0.65. The stock’s fifty day simple moving average is $65.74 and its 200 day simple moving average is $82.29.

Prologis (PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.

Prologis stock traded up $1.27 during trading hours on Thursday, hitting $109.19. 2,255,507 shares of the company traded hands, compared to its average volume of 4,183,025. Prologis has a 1-year low of $85.35 and a 1-year high of $132.57. The company has a quick ratio of 0.43, a current ratio of 0.75 and a debt-to-equity ratio of 0.53. The firm has a market cap of $101.32 billion, a P/E ratio of 27.31, a P/E/G ratio of 2.70 and a beta of 1.25. The firm’s 50-day simple moving average is $103.97 and its two-hundred day simple moving average is $110.69.

Welltower (WELL)

Welltower Inc. (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.

Shares of WELL stock traded up $0.50 during mid-day trading on Thursday, hitting $152.20. 1,055,517 shares of the stock traded hands, compared to its average volume of 2,902,558. The company’s 50-day simple moving average is $147.73 and its 200-day simple moving average is $141.00. The firm has a market cap of $99.53 billion, a price-to-earnings ratio of 97.59, a price-to-earnings-growth ratio of 2.87 and a beta of 0.94. Welltower has a twelve month low of $99.95 and a twelve month high of $158.55. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22.