Best Telecom Stocks To Research – June 4th

Broadcom, Arista Networks, and Zscaler are the three Telecom stocks to watch today, according to MarketBeat’s stock screener tool. Telecom stocks are shares of publicly traded companies that provide telecommunications services such as voice, data, internet access, and wireless connectivity. Investors in telecom stocks gain exposure to the sector’s recurring revenue models and infrastructure investments, which can offer steady dividends but may be sensitive to regulatory changes and capital expenditure cycles. 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 Broadcom stock traded up $3.29 on Wednesday, reaching $260.14. The company had a trading volume of 21,209,680 shares, compared to its average volume of 28,840,707. The firm’s 50-day moving average price is $198.47 and its two-hundred day moving average price is $204.62. Broadcom has a 1 year low of $128.50 and a 1 year high of $265.43. The firm has a market cap of $1.22 trillion, a price-to-earnings ratio of 212.19, a P/E/G ratio of 2.29 and a beta of 1.11. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07.

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.

NYSE ANET traded up $0.54 during trading on Wednesday, reaching $95.04. 6,153,231 shares of the company’s stock traded hands, compared to its average volume of 9,033,101. The firm has a market cap of $119.36 billion, a price-to-earnings ratio of 42.81, a price-to-earnings-growth ratio of 3.10 and a beta of 1.38. Arista Networks has a 12-month low of $59.43 and a 12-month high of $133.58. The company’s 50 day simple moving average is $82.36 and its two-hundred day simple moving average is $96.55.

Zscaler (ZS)

Zscaler, Inc. operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

Zscaler stock traded up $2.73 during trading hours on Wednesday, reaching $297.76. The stock had a trading volume of 1,809,411 shares, compared to its average volume of 2,283,622. Zscaler has a 52 week low of $153.45 and a 52 week high of $303.42. The company has a market cap of $46.07 billion, a price-to-earnings ratio of -1,191.04 and a beta of 1.14. The business’s 50 day moving average price is $223.97 and its 200-day moving average price is $207.56.