Growth Stocks To Consider – May 13th

Novo Nordisk A/S, Blackstone, and BlackRock are the three Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares of companies whose revenues and earnings are projected to grow at a significantly faster pace than the overall market. These firms typically reinvest profits into expansion, research and development, or new projects rather than paying out dividends. As a result, growth stocks often carry higher price‐to‐earnings ratios and greater volatility, reflecting investors’ expectations for continued rapid growth. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

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.

Novo Nordisk A/S stock traded down $2.25 during trading on Tuesday, reaching $65.49. The company had a trading volume of 6,891,686 shares, compared to its average volume of 6,433,420. The company has a current ratio of 0.74, a quick ratio of 0.55 and a debt-to-equity ratio of 0.62. The firm’s 50-day simple moving average is $68.75 and its 200 day simple moving average is $85.51. The firm has a market capitalization of $293.89 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 0.90 and a beta of 0.65. Novo Nordisk A/S has a 52 week low of $57.00 and a 52 week high of $148.15.

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.

Shares of BX traded up $1.16 during mid-day trading on Tuesday, reaching $150.16. 1,712,442 shares of the company’s stock traded hands, compared to its average volume of 3,768,871. The stock has a market cap of $109.56 billion, a P/E ratio of 41.37, a P/E/G ratio of 1.07 and a beta of 1.67. The stock’s 50-day moving average is $136.80 and its two-hundred day moving average is $162.05. Blackstone has a 12 month low of $115.66 and a 12 month high of $200.96. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.67 and a quick ratio of 0.71.

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 NYSE BLK traded up $5.77 during trading hours on Tuesday, reaching $963.80. The stock had a trading volume of 231,036 shares, compared to its average volume of 684,903. The company has a current ratio of 5.23, a quick ratio of 5.23 and a debt-to-equity ratio of 0.45. The firm has a market cap of $149.63 billion, a price-to-earnings ratio of 22.95, a P/E/G ratio of 1.90 and a beta of 1.41. The business’s fifty day moving average price is $912.82 and its two-hundred day moving average price is $978.29. BlackRock has a 52-week low of $752.30 and a 52-week high of $1,084.22.