Telecom Stocks To Watch Today - February 27th

On February 27th, several significant telecom stocks are drawing attention. According to a recent stock screener tool, the companies highlighted include Broadcom, ServiceNow, Arista Networks, CRH, AT&T, Palo Alto Networks, and Apollo Global Management. These stocks represent established players within the telecommunications sector, providing a range of communication services including voice, data, internet, and video transmissions.

Broadcom (AVGO)

Broadcom Inc. is recognized for its extensive range of semiconductor devices targeted at complex digital and mixed-signal applications. The company operates in two primary areas: Semiconductor Solutions and Infrastructure Software. Recently, shares of Broadcom traded down $5.99, closing at $206.95 with a trading volume of 10,709,580 shares, indicating a high level of activity in the stock market. Broadcom's current market capitalization stands at $970.06 billion, showing considerable growth potential with a PE ratio of 168.91.

ServiceNow (NOW)

ServiceNow, Inc. offers a comprehensive platform for intelligent workflow automation tailored for digital businesses across various regions including North America, Europe, and Asia. The stock price saw a decline of $4.48, reaching $937.48 during Thursday's trading, and it has a market cap of $193.12 billion. The P/E ratio is reported at 137.32, highlighting a robust valuation in the current market environment.

Arista Networks (ANET)

Arista Networks, Inc. is known for its innovative networking solutions, supporting data center and campus environments. The company's stock traded down $2.61 to $93.77, with a substantial trading volume of 6,416,216 shares. It holds a market capitalization of $118.26 billion and a P/E ratio of 42.23, underscoring its favorable position in the market.

CRH (CRH)

CRH plc provides essential building materials solutions both in Ireland and globally. Shares of CRH moved up $0.92, reaching $103.25, with a trading volume notable for surpassing its average. The company has a market cap of $70.12 billion, and its PE ratio is reported at 20.65.

AT&T (T)

AT&T, Inc. is a key player in the telecommunications industry, delivering a wide range of services including wireless and broadband. On Thursday, the stock price climbed by $0.34 to hit $26.91, maintaining a market cap of $193.13 billion and a PE ratio of 18.06. This demonstrates its stable position within the telecom sector.

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. specializes in cybersecurity solutions and has shown considerable growth in the tech sector. Shares traded at $189.89 after increasing by $0.34. The upcoming P/E ratio sits at 107.04, while its market cap is at $125.72 billion, reflecting strong demand for security solutions.

Apollo Global Management (APO)

Apollo Global Management, Inc. operates as a private equity firm, known for investments in various markets including credit and real estate. The stock is currently trading at $149.50, having increased by $1.85. Apollo’s market cap is around $84.59 billion, complemented by a P/E ratio of 20.47.

In summary, the telecom sector is showing strong performance with noteworthy stocks that investors may want to keep a close eye on. These companies provide invaluable services, and their stock movements indicate a potentially thriving environment for investment opportunities.

telecom, stocks, investment