Tesla, Broadcom, and Synopsys are the three Energy stocks to watch today, according to MarketBeat’s stock screener tool. Energy stocks are shares of publicly traded companies involved in the exploration, production, distribution and sale of energy resources—ranging from oil and natural gas to coal and renewable sources such as wind or solar power. By holding energy stocks, investors gain exposure to the sector’s revenue streams, which are driven by commodity prices, geopolitical developments and regulatory policies. Because energy markets tend to be cyclical, returns on these stocks can vary widely with changes in global supply and demand. 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.
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.
Read Our Latest Research Report on AVGO
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.
Read Our Latest Research Report on SNPS
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