Growth Stocks To Watch Now – February 06th

Novo Nordisk A/S, Digital Turbine, BlackRock, Venture Global, and Blackstone are the five Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares of companies that are expected to grow at a rate faster than the average for the market. These companies typically reinvest earnings into expansion and new projects rather than paying dividends, aiming to increase their market share and value over time. Investors are drawn to growth stocks for the potential for significant capital appreciation as the company’s value rises. 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.

Shares of Novo Nordisk A/S stock traded up $1.50 during trading hours on Thursday, hitting $87.23. 6,912,553 shares of the company’s stock traded hands, compared to its average volume of 9,416,687. Novo Nordisk A/S has a 12-month low of $78.17 and a 12-month high of $148.15. The stock has a market capitalization of $391.45 billion, a price-to-earnings ratio of 28.25, a PEG ratio of 0.93 and a beta of 0.45. The company has a fifty day simple moving average of $92.24 and a 200-day simple moving average of $112.01. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.94 and a quick ratio of 0.75.

Digital Turbine (APPS)

Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial content media.

APPS traded up $1.82 during trading hours on Thursday, hitting $4.36. The stock had a trading volume of 92,312,983 shares, compared to its average volume of 6,813,819. The company’s fifty day simple moving average is $1.87 and its 200 day simple moving average is $2.44. Digital Turbine has a 1 year low of $1.18 and a 1 year high of $5.34. The stock has a market cap of $451.74 million, a PE ratio of -1.46 and a beta of 2.38. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 2.24.

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.

BLK traded down $3.80 during trading hours on Thursday, hitting $1,010.70. The stock had a trading volume of 255,346 shares, compared to its average volume of 806,663. The company’s fifty day simple moving average is $1,025.82 and its 200 day simple moving average is $966.82. BlackRock has a 1 year low of $745.55 and a 1 year high of $1,084.22. The stock has a market cap of $156.54 billion, a PE ratio of 24.08, a price-to-earnings-growth ratio of 2.06 and a beta of 1.28. The company has a quick ratio of 5.23, a current ratio of 5.23 and a debt-to-equity ratio of 0.45.

Venture Global (VG)

Venture Global has fundamentally reshaped the development and construction of liquefied natural gas production, establishing us as a rapidly growing company delivering critical LNG to the world. Our innovative and disruptive approach, which is both scalable and repeatable, allows us to bring LNG to a global market years faster and at a lower cost.

VG traded down $2.34 during trading hours on Thursday, hitting $17.34. The stock had a trading volume of 9,517,658 shares, compared to its average volume of 9,409,586. Venture Global has a 1 year low of $16.99 and a 1 year high of $25.50.

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.

NYSE BX traded up $0.73 during trading hours on Thursday, hitting $175.58. The company had a trading volume of 882,984 shares, compared to its average volume of 3,005,010. Blackstone has a 52 week low of $115.82 and a 52 week high of $200.96. The firm has a 50 day simple moving average of $179.07 and a 200 day simple moving average of $163.20. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.71 and a current ratio of 0.67. The firm has a market capitalization of $126.77 billion, a price-to-earnings ratio of 48.41, a PEG ratio of 1.18 and a beta of 1.53.