Best Growth Stocks To Follow Today – November 9th

Prologis, Teledyne Technologies, Ascendis Pharma A/S, Jersey Mike’s, Digital Turbine, Pershing Square, and Hamilton Lane are the seven 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 and earnings faster than the broader market. These companies often reinvest profits to fuel expansion, so investors typically look for returns through rising share prices rather than dividends. 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 Prologis stock traded up $3.83 during mid-day trading on Monday, hitting $130.79. The stock had a trading volume of 1,183,989 shares, compared to its average volume of 3,787,705. The firm has a 50-day moving average of $131.60 and a two-hundred day moving average of $137.71. Prologis has a 12-month low of $121.40 and a 12-month high of $153.35. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.61. The firm has a market cap of $124.32 billion, a P/E ratio of 28.86, a price-to-earnings-growth ratio of 1.44 and a beta of 1.27.

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.

TDY traded up $24.50 during trading hours on Monday, reaching $643.11. The company’s stock had a trading volume of 115,536 shares, compared to its average volume of 346,025. Teledyne Technologies has a fifty-two week low of $483.02 and a fifty-two week high of $697.67. The stock has a market cap of $29.61 billion, a PE ratio of 29.37, a P/E/G ratio of 2.28 and a beta of 0.89. The business’s 50-day moving average is $618.57 and its 200-day moving average is $634.72. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.31 and a quick ratio of 1.51.

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.

Ascendis Pharma A/S stock traded up $0.55 during mid-day trading on Monday, hitting $257.37. The company’s stock had a trading volume of 204,861 shares, compared to its average volume of 695,748. The stock’s fifty day moving average is $242.50 and its two-hundred day moving average is $239.00. The company has a current ratio of 2.99, a quick ratio of 2.32 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $16.05 billion, a PE ratio of 20.01 and a beta of 0.40. Ascendis Pharma A/S has a 1 year low of $188.07 and a 1 year high of $282.15.

Jersey Mike’s (JMKE)

We are Jersey Mike’s: A high-growth franchisor of fast casual, submarine-style sandwich restaurants specializing in authentic, hand-crafted, craveable subs. Built over 70 years on one uncompromising belief – that a truly great sub sandwich can change your day and that a truly great brand changes its community – Jersey Mike’s is now one of the largest and fastest-growing limited-service restaurant brands based on U.S.

NYSE:JMKE traded up $0.23 on Monday, reaching $19.24. The company’s stock had a trading volume of 1,575,207 shares, compared to its average volume of 3,300,902. Jersey Mike’s has a 12-month low of $15.96 and a 12-month high of $24.99. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 1.15. The company has a 50 day moving average of $18.70.

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.

Shares of NASDAQ APPS traded up $1.01 during mid-day trading on Monday, reaching $11.39. 2,645,315 shares of the company’s stock were exchanged, compared to its average volume of 3,781,492. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of -43.71, a PEG ratio of 0.53 and a beta of 3.01. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.20 and a current ratio of 1.20. Digital Turbine has a 52-week low of $2.74 and a 52-week high of $15.34. The company’s 50-day moving average is $10.59 and its 200-day moving average is $7.65.

Pershing Square (PS)

We are an alternative asset management company that manages pools of permanent capital invested in long-term, high-return investment strategies. Our growth is principally driven by the long-term compounding of our assets under management and the opportunistic launch of new permanent capital vehicles that enable us to pursue new investment verticals or to pursue our core investment strategies in new jurisdictions.

Shares of NYSE:PS traded down $2.95 during midday trading on Monday, reaching $48.50. 467,458 shares of the company’s stock were exchanged, compared to its average volume of 408,635. The company has a market capitalization of $19.40 billion and a PE ratio of 346.43. Pershing Square has a fifty-two week low of $22.01 and a fifty-two week high of $60.40. The stock has a 50 day moving average price of $47.20.

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.

NASDAQ HLNE traded up $5.29 during trading hours on Monday, reaching $94.75. The company had a trading volume of 192,373 shares, compared to its average volume of 767,385. The company has a current ratio of 3.37, a quick ratio of 3.37 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.26 billion, a P/E ratio of 14.02 and a beta of 1.16. The stock has a 50-day moving average of $89.41 and a 200 day moving average of $96.59. Hamilton Lane has a 1-year low of $71.88 and a 1-year high of $155.66.