Growth Stocks To Follow Now – February 09th

Novo Nordisk A/S, BlackRock, and Blackstone are the three Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares in companies that are expected to increase in value at a faster rate than the overall market, typically due to strong earnings, revenue, or other fundamental metrics. These stocks often represent younger, innovative companies with high potential for expansion and capital appreciation. Investors in growth stocks are typically seeking capital gains rather than regular dividend income. 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 NYSE NVO traded down $0.78 during mid-day trading on Friday, reaching $86.39. The company’s stock had a trading volume of 8,697,874 shares, compared to its average volume of 9,598,048. The firm has a market capitalization of $387.66 billion, a PE ratio of 26.26, a P/E/G ratio of 0.96 and a beta of 0.45. The stock has a fifty day moving average of $91.46 and a two-hundred day moving average of $111.36. Novo Nordisk A/S has a 52 week low of $78.17 and a 52 week high of $148.15. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.74 and a quick ratio of 0.75.

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 $14.67 during trading hours on Friday, hitting $991.95. The company’s stock had a trading volume of 731,590 shares, compared to its average volume of 818,378. The stock has a market cap of $153.63 billion, a price-to-earnings ratio of 23.62, a P/E/G ratio of 1.93 and a beta of 1.28. BlackRock has a 12 month low of $745.55 and a 12 month high of $1,084.22. 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 business’s 50-day moving average price is $1,024.93 and its 200-day moving average price is $968.98.

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 Blackstone stock traded down $4.44 during trading on Friday, hitting $170.11. The stock had a trading volume of 4,116,144 shares, compared to its average volume of 3,169,978. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.67 and a quick ratio of 0.71. The firm’s fifty day simple moving average is $178.36 and its 200-day simple moving average is $163.62. Blackstone has a 12 month low of $115.82 and a 12 month high of $200.96. The stock has a market cap of $122.82 billion, a PE ratio of 46.86, a PEG ratio of 1.13 and a beta of 1.53.