Telecom Stocks To Research – February 09th

Broadcom, ServiceNow, and Palo Alto Networks are the three Telecom stocks to watch today, according to MarketBeat’s stock screener tool. Telecom stocks refer to stocks issued by companies that operate in the telecommunications industry. These companies provide services such as telephone, internet, and television to consumers and businesses. Investing in telecom stocks allows individuals to gain exposure to this sector and potentially profit from its growth and developments. 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.

Shares of AVGO stock traded down $6.49 during trading hours on Friday, hitting $224.87. 22,084,864 shares of the company’s stock traded hands, compared to its average volume of 30,073,216. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.98. Broadcom has a 12 month low of $119.76 and a 12 month high of $251.88. The stock has a market cap of $1.05 trillion, a PE ratio of 183.42, a price-to-earnings-growth ratio of 2.42 and a beta of 1.02. The stock’s 50 day simple moving average is $219.76 and its 200 day simple moving average is $184.32.

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.

NOW traded down $15.51 during midday trading on Friday, hitting $1,007.79. 1,385,656 shares of the company were exchanged, compared to its average volume of 1,777,070. The firm’s 50 day moving average price is $1,080.32 and its 200-day moving average price is $965.20. ServiceNow has a 1-year low of $637.99 and a 1-year high of $1,198.09. The firm has a market capitalization of $207.61 billion, a P/E ratio of 147.55, a P/E/G ratio of 4.76 and a beta of 0.99. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.15.

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

Shares of PANW traded up $6.57 during mid-day trading on Friday, reaching $193.94. 6,341,981 shares of the company were exchanged, compared to its average volume of 5,443,483. The business has a 50 day simple moving average of $186.88 and a two-hundred day simple moving average of $180.56. Palo Alto Networks has a 52 week low of $130.04 and a 52 week high of $207.24. The stock has a market capitalization of $127.26 billion, a PE ratio of 50.51, a PEG ratio of 5.36 and a beta of 1.14.