Best Growth Stocks To Watch Now – November 11th

Prologis, Teledyne Technologies, Ascendis Pharma A/S, Digital Turbine, and Hamilton Lane are the five Growth stocks to watch today, according to MarketBeat’s stock screener tool. Growth stocks are shares of companies that investors expect to increase their revenue or earnings faster than the overall market. These companies often reinvest profits to expand rather than pay dividends, and their high growth expectations can make their share prices more sensitive to setbacks or changes in investor sentiment. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Prologis (PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.

Shares of NYSE PLD traded up $0.17 during midday trading on Wednesday, reaching $130.27. 1,585,025 shares of the company traded hands, compared to its average volume of 3,786,387. The firm has a market cap of $123.82 billion, a PE ratio of 28.77, a PEG ratio of 1.49 and a beta of 1.27. Prologis has a 12 month low of $121.40 and a 12 month high of $153.35. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.81 and a current ratio of 0.81. The stock’s 50-day simple moving average is $131.20 and its 200-day simple moving average is $137.73.

Teledyne Technologies (TDY)

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.

Shares of NYSE TDY traded up $12.86 during trading on Wednesday, reaching $658.99. The company had a trading volume of 87,326 shares, compared to its average volume of 344,951. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.51 and a current ratio of 2.31. The business’s 50 day moving average price is $619.66 and its 200-day moving average price is $634.95. Teledyne Technologies has a 52 week low of $483.02 and a 52 week high of $697.67. The stock has a market cap of $30.34 billion, a PE ratio of 30.11, a PEG ratio of 2.37 and a beta of 0.89.

Ascendis Pharma A/S (ASND)

Ascendis Pharma A/S, a biopharmaceutical company, focuses on developing therapies for unmet medical needs. It offers SKYTROFA for treating patients with growth hormone deficiency (GHD). The company is also developing a pipeline of three independent endocrinology rare disease product candidates in clinical development, as well as focuses on advancing oncology therapeutic candidates.

Shares of NASDAQ ASND traded up $1.03 during mid-day trading on Wednesday, hitting $257.62. The company’s stock had a trading volume of 219,425 shares, compared to its average volume of 697,385. The company’s fifty day simple moving average is $242.61 and its 200-day simple moving average is $239.36. The stock has a market cap of $16.07 billion, a price-to-earnings ratio of 20.01 and a beta of 0.40. Ascendis Pharma A/S has a one year low of $188.07 and a one year high of $282.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.99 and a quick ratio of 2.32.

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.

Digital Turbine stock traded up $0.36 during midday trading on Wednesday, hitting $7.62. 3,782,498 shares of the stock were exchanged, compared to its average volume of 3,885,482. Digital Turbine has a 52 week low of $2.74 and a 52 week high of $15.34. The stock has a market capitalization of $921.54 million, a PE ratio of 18.54, a P/E/G ratio of 0.58 and a beta of 3.01. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.80. The company has a fifty day simple moving average of $10.52 and a two-hundred day simple moving average of $7.69.

Hamilton Lane (HLNE)

Hamilton Lane Incorporated is a private equity firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. It prefers to invest in energy, industrials, consumer discretionary, health care, real estate, information technology, utilities, and consumer services.

HLNE traded up $0.84 during trading on Wednesday, hitting $97.22. The company had a trading volume of 208,054 shares, compared to its average volume of 766,955. The company has a quick ratio of 3.37, a current ratio of 3.37 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $5.40 billion, a PE ratio of 14.43 and a beta of 1.16. The firm’s 50-day moving average price is $88.96 and its 200 day moving average price is $96.03. Hamilton Lane has a one year low of $71.88 and a one year high of $155.66.