Promising Growth Stocks To Keep An Eye On – March 4th

Blackstone, Apollo Global Management, BlackRock, Novo Nordisk A/S, and Welltower are the five Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares in companies that are expected to grow faster than the overall market due to strong revenue and earnings expansion. These companies typically reinvest profits into their business rather than paying dividends, aiming to fuel further growth over time. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

BX stock traded down $6.68 during trading on Tuesday, hitting $151.85. 3,535,626 shares of the company’s stock traded hands, compared to its average volume of 3,266,394. Blackstone has a 1 year low of $115.82 and a 1 year high of $200.96. The business has a fifty day simple moving average of $171.49 and a two-hundred day simple moving average of $166.83. The firm has a market capitalization of $109.64 billion, a P/E ratio of 41.60, a PEG ratio of 1.07 and a beta of 1.55. The company has a quick ratio of 0.71, a current ratio of 0.67 and a debt-to-equity ratio of 0.61.

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

Shares of NYSE APO traded down $5.82 during mid-day trading on Tuesday, reaching $138.76. 3,094,666 shares of the company were exchanged, compared to its average volume of 3,396,067. Apollo Global Management has a 1 year low of $95.11 and a 1 year high of $189.49. The firm has a 50-day moving average of $162.85 and a 200 day moving average of $149.90. The stock has a market cap of $79.16 billion, a price-to-earnings ratio of 18.78, a P/E/G ratio of 1.17 and a beta of 1.63. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.33.

BlackRock (BLK)

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

Shares of BLK stock traded down $14.42 during mid-day trading on Tuesday, hitting $952.05. 450,373 shares of the stock traded hands, compared to its average volume of 829,145. BlackRock has a 52-week low of $745.55 and a 52-week high of $1,084.22. The stock has a market cap of $147.45 billion, a P/E ratio of 22.59, a P/E/G ratio of 1.90 and a beta of 1.28. The company has a debt-to-equity ratio of 0.45, a current ratio of 5.23 and a quick ratio of 5.23. The stock’s fifty day moving average is $1,002.25 and its two-hundred day moving average is $983.33.

Novo Nordisk A/S (NVO)

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease.

Shares of NYSE NVO traded down $1.93 during trading hours on Tuesday, hitting $87.44. 3,158,734 shares of the stock were exchanged, compared to its average volume of 8,905,638. Novo Nordisk A/S has a 12 month low of $77.82 and a 12 month high of $148.15. The firm has a fifty day moving average price of $84.84 and a 200-day moving average price of $106.18. The company has a quick ratio of 0.55, a current ratio of 0.74 and a debt-to-equity ratio of 0.62. The company has a market cap of $392.37 billion, a PE ratio of 26.52, a PEG ratio of 0.90 and a beta of 0.45.

Welltower (WELL)

Welltower Inc. (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.

WELL stock traded down $2.21 on Tuesday, hitting $154.65. 987,496 shares of the company’s stock were exchanged, compared to its average volume of 2,563,917. Welltower has a 12-month low of $87.87 and a 12-month high of $159.34. The stock has a market cap of $99.18 billion, a P/E ratio of 99.04, a price-to-earnings-growth ratio of 2.87 and a beta of 1.23. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.22 and a current ratio of 4.22. The firm has a 50 day moving average price of $136.98 and a two-hundred day moving average price of $131.87.