Promising Blue Chip Stocks Worth Watching – February 01st

RF Industries, NetSol Technologies, and Fidelity Blue Chip Growth are the three Blue Chip stocks to watch today, according to MarketBeat’s stock screener tool. Blue chip stocks are shares of large, well-established, and financially sound companies with a history of stable earnings and dividends. These stocks are considered to be reliable investments that typically have a strong market presence and are often considered safe haven assets during economic downturns. These companies had the highest dollar trading volume of any Blue Chip stocks within the last several days.

RF Industries (RFIL)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

Shares of NASDAQ:RFIL traded up $0.22 during trading on Friday, reaching $5.23. The stock had a trading volume of 140,168 shares, compared to its average volume of 26,862. RF Industries has a 52 week low of $2.86 and a 52 week high of $5.48. The firm’s fifty day moving average is $4.09 and its 200 day moving average is $3.98. The stock has a market cap of $55.12 million, a price-to-earnings ratio of -8.30 and a beta of 0.99.

NetSol Technologies (NTWK)

NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.

NTWK traded up $0.09 during trading on Friday, reaching $2.69. 20,424 shares of the stock traded hands, compared to its average volume of 20,763. The stock’s 50-day moving average is $2.67 and its 200 day moving average is $2.79. NetSol Technologies has a 12 month low of $2.06 and a 12 month high of $3.34. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $30.88 million, a PE ratio of 38.43 and a beta of 1.06.

Fidelity Blue Chip Growth (FBGRX)

NASDAQ FBGRX traded up $1.00 during trading hours on Friday, hitting $233.65. The firm has a 50 day simple moving average of $231.60 and a two-hundred day simple moving average of $219.53.