Promising Energy Stocks To Add to Your Watchlist – March 3rd

Tesla, Broadcom, Vertiv, Vistra, GE Vernova, Exxon Mobil, and Synopsys are the seven Energy stocks to watch today, according to MarketBeat’s stock screener tool. Energy stocks are shares in companies that produce or supply energy, including oil, natural gas, renewable energy, and related products or services. These stocks are often influenced by commodity prices, geopolitical events, and regulatory changes, making them an integral part of the broader energy sector in global markets. These companies had the highest dollar trading volume of any Energy 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 Tesla stock traded down $6.73 on Monday, hitting $286.25. 62,396,264 shares of the company traded hands, compared to its average volume of 78,772,070. Tesla has a 52 week low of $138.80 and a 52 week high of $488.54. The business has a 50-day simple moving average of $385.35 and a 200 day simple moving average of $317.51. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. The stock has a market capitalization of $920.72 billion, a P/E ratio of 141.30, a price-to-earnings-growth ratio of 5.86 and a beta of 2.34.

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 traded down $8.79 during midday trading on Monday, hitting $190.64. 14,553,225 shares of the company traded hands, compared to its average volume of 27,690,688. The stock has a market cap of $893.59 billion, a price-to-earnings ratio of 156.20, a PEG ratio of 2.29 and a beta of 1.02. The firm has a 50 day moving average of $227.44 and a 200-day moving average of $192.35. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.07 and a current ratio of 1.17. Broadcom has a 52 week low of $119.76 and a 52 week high of $251.88.

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Shares of NYSE:VRT traded down $8.98 during mid-day trading on Monday, reaching $86.19. The stock had a trading volume of 8,626,348 shares, compared to its average volume of 10,780,575. The company has a market cap of $32.35 billion, a P/E ratio of 67.32, a price-to-earnings-growth ratio of 1.07 and a beta of 1.64. The business’s 50 day moving average price is $118.34 and its 200 day moving average price is $110.72. The company has a current ratio of 1.65, a quick ratio of 1.02 and a debt-to-equity ratio of 1.19. Vertiv has a 1 year low of $62.40 and a 1 year high of $155.84.

Vistra (VST)

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.

NYSE:VST traded down $6.99 during trading hours on Monday, reaching $126.67. The stock had a trading volume of 4,493,940 shares, compared to its average volume of 9,312,200. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The stock has a market capitalization of $43.10 billion, a PE ratio of 23.72, a PEG ratio of 1.12 and a beta of 1.22. Vistra has a 52 week low of $55.28 and a 52 week high of $199.84. The company has a 50 day moving average price of $160.13 and a two-hundred day moving average price of $134.83.

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

GEV traded down $13.39 during trading hours on Monday, hitting $321.79. The company’s stock had a trading volume of 1,624,018 shares, compared to its average volume of 3,890,366. The stock has a market cap of $88.78 billion and a price-to-earnings ratio of 57.87. The business’s 50-day moving average price is $363.85 and its 200-day moving average price is $306.36. GE Vernova has a 12 month low of $115.00 and a 12 month high of $447.50.

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

Shares of NYSE:XOM traded down $1.71 on Monday, reaching $109.63. The company’s stock had a trading volume of 4,504,680 shares, compared to its average volume of 14,894,457. The company has a 50-day simple moving average of $108.95 and a 200 day simple moving average of $114.20. Exxon Mobil has a 52-week low of $104.03 and a 52-week high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The company has a market cap of $475.68 billion, a P/E ratio of 14.05, a PEG ratio of 3.02 and a beta of 0.89.

Synopsys (SNPS)

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.

Shares of NASDAQ:SNPS traded down $3.03 during trading on Monday, reaching $454.25. The company’s stock had a trading volume of 1,046,957 shares, compared to its average volume of 1,141,315. The stock has a market capitalization of $70.24 billion, a PE ratio of 31.39, a price-to-earnings-growth ratio of 3.23 and a beta of 1.12. Synopsys has a 12 month low of $448.11 and a 12 month high of $624.80. The firm’s 50 day simple moving average is $506.14 and its two-hundred day simple moving average is $515.49.