Best Telecom Stocks Worth Watching – February 06th

Broadcom, ServiceNow, Coherent, Equifax, and CRH are the five Telecom stocks to watch today, according to MarketBeat’s stock screener tool. Telecom stocks refer to publicly traded companies within the telecommunications industry. These companies provide various services such as telephone, internet, and television services to customers, and their stocks can be bought and sold on stock exchanges. Investors often consider telecom stocks as part of a diversified investment portfolio due to their potential for long-term growth and dividend payouts. 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.

NASDAQ:AVGO traded down $1.94 during trading hours on Thursday, reaching $230.06. The company’s stock had a trading volume of 10,129,858 shares, compared to its average volume of 30,223,633. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.07 and a current ratio of 1.17. The firm has a market capitalization of $1.08 trillion, a price-to-earnings ratio of 187.76, a PEG ratio of 2.31 and a beta of 1.02. The firm has a 50-day simple moving average of $217.07 and a 200-day simple moving average of $183.40. Broadcom has a 1 year low of $119.76 and a 1 year 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.

Shares of NYSE:NOW traded down $7.71 on Thursday, reaching $1,019.35. 727,155 shares of the company traded hands, compared to its average volume of 1,679,688. The stock has a market capitalization of $209.99 billion, a P/E ratio of 149.30, a price-to-earnings-growth ratio of 4.74 and a beta of 0.99. The business’s 50-day simple moving average is $1,081.55 and its 200 day simple moving average is $961.64. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.15. ServiceNow has a 52 week low of $637.99 and a 52 week high of $1,198.09.

Coherent (COHR)

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers.

COHR stock traded up $11.13 during trading on Thursday, hitting $101.23. 6,631,274 shares of the company traded hands, compared to its average volume of 3,960,704. The company has a 50-day moving average of $98.23 and a 200-day moving average of $89.99. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.65 and a current ratio of 2.67. Coherent has a 1 year low of $48.78 and a 1 year high of $113.60. The firm has a market capitalization of $15.66 billion, a PE ratio of -82.36, a P/E/G ratio of 0.90 and a beta of 1.66.

Equifax (EFX)

Equifax Inc. operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.

EFX stock traded down $20.89 during midday trading on Thursday, hitting $249.34. The company had a trading volume of 2,580,492 shares, compared to its average volume of 956,852. The stock has a market cap of $30.91 billion, a price-to-earnings ratio of 55.56, a PEG ratio of 2.84 and a beta of 1.58. Equifax has a 52 week low of $213.02 and a 52 week high of $309.63. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. The stock’s 50 day moving average price is $261.66 and its 200 day moving average price is $275.09.

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.

Shares of NYSE CRH traded up $3.14 during mid-day trading on Thursday, hitting $104.30. The stock had a trading volume of 5,076,067 shares, compared to its average volume of 3,316,707. The business has a 50 day moving average price of $97.02 and a two-hundred day moving average price of $92.63. CRH has a 1 year low of $71.18 and a 1 year high of $105.58. The firm has a market cap of $70.84 billion, a P/E ratio of 20.85, a price-to-earnings-growth ratio of 1.08 and a beta of 1.30.