Promising Telecom Stocks To Watch Now – February 22nd

Broadcom, ServiceNow, AT&T, Arista Networks, and Palo Alto Networks are the five Telecom stocks to watch today, according to MarketBeat’s stock screener tool. 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.

Broadcom stock traded down $8.13 during trading on Friday, hitting $218.61. The company had a trading volume of 24,786,947 shares, compared to its average volume of 27,925,338. Broadcom has a 1-year low of $119.76 and a 1-year high of $251.88. The company has a current ratio of 1.17, a quick ratio of 1.07 and a debt-to-equity ratio of 0.98. The company’s 50 day simple moving average is $230.09 and its 200-day simple moving average is $189.79. The stock has a market cap of $1.02 trillion, a price-to-earnings ratio of 178.32, a price-to-earnings-growth ratio of 2.37 and a beta of 1.02.

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 NOW stock traded down $30.19 on Friday, hitting $937.79. The stock had a trading volume of 2,001,299 shares, compared to its average volume of 1,845,528. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a market capitalization of $193.18 billion, a P/E ratio of 137.30, a P/E/G ratio of 4.51 and a beta of 0.99. ServiceNow has a 1 year low of $637.99 and a 1 year high of $1,198.09. The company’s 50 day moving average price is $1,054.69 and its 200-day moving average price is $977.09.

AT&T (T)

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

Shares of T stock traded up $0.49 on Friday, hitting $26.64. The stock had a trading volume of 58,384,223 shares, compared to its average volume of 38,600,600. The firm has a market capitalization of $191.19 billion, a P/E ratio of 17.88, a P/E/G ratio of 3.00 and a beta of 0.59. AT&T has a 1 year low of $15.94 and a 1 year high of $26.72. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.66 and a quick ratio of 0.62. The company’s 50 day moving average price is $23.50 and its 200-day moving average price is $22.28.

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

Shares of ANET traded down $5.10 during mid-day trading on Friday, hitting $98.31. 13,984,341 shares of the company’s stock were exchanged, compared to its average volume of 11,889,478. Arista Networks has a fifty-two week low of $60.08 and a fifty-two week high of $133.57. The company has a market cap of $123.97 billion, a price-to-earnings ratio of 44.28, a P/E/G ratio of 3.27 and a beta of 1.09. The stock’s 50-day moving average is $113.66 and its 200-day moving average is $101.70.

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.

PANW stock traded down $7.78 during midday trading on Friday, hitting $191.03. The company’s stock had a trading volume of 5,451,305 shares, compared to its average volume of 6,131,797. Palo Alto Networks has a 52-week low of $132.50 and a 52-week high of $208.39. The firm has a market capitalization of $126.48 billion, a P/E ratio of 107.62, a PEG ratio of 5.64 and a beta of 1.14. The firm has a 50-day simple moving average of $187.09 and a 200-day simple moving average of $183.25.