Key Industrial Stocks to Observe – March 6th

On March 6th, several industrial stocks have gained notable attention in the market. According to recent trading data, five companies stand out: Tesla, Broadcom, JD.com, Micron Technology, and Vistra. Industrial stocks are characterized by companies that manufacture and sell goods utilized in construction and manufacturing, such as machinery and transportation vehicles. These stocks are often influenced by economic cycles and industrial activity.

Tesla (TSLA)

Tesla, Inc. is primarily known for designing, developing, and selling electric vehicles and energy solutions globally. It operates two main segments: Automotive and Energy Generation and Storage. The Automotive segment not only manufactures electric vehicles but also offers services such as vehicle leasing, parts sales, and supercharging.

On Thursday, Tesla's stock (TSLA) experienced a drop of $15.27, bringing it down to $263.83. The trading volume for Tesla reached 54,617,210 shares, slightly lower than its average of 80,934,180. Tesla's stock has fluctuated between a 52-week low of $138.80 and a high of $488.54. The company boasts a market capitalization of $848.61 billion and a price-to-earnings ratio of 128.84.

Broadcom (AVGO)

Broadcom Inc. is engaged in the design and manufacture of a wide range of semiconductor solutions. The company focuses on complex digital and mixed-signal products and operates through two main segments: Semiconductor Solutions and Infrastructure Software.

During trading on Thursday, Broadcom (AVGO) saw a decline of $10.62, with shares hitting $180.96. The total shares exchanged were 23,565,690, against an average volume of 29,506,655. Broadcom's stock has a 52-week range between $119.76 and $251.88. The firm holds a market cap of $848.24 billion and a price-to-earnings ratio of 147.10.

JD.com (JD)

JD.com, Inc. operates as a technology and service provider focused on supply chain solutions in China. The company offers a variety of products from electronics to groceries and health products.

On Thursday, JD.com’s stock (JD) gained $0.51 to reach $44.27. 35,605,396 shares were traded, surpassing its average volume of 13,084,726. The company’s stock has fluctuated between a low of $23.65 and a high of $47.82 over the past year. JD.com has a market cap of $69.81 billion and a price-to-earnings ratio of 13.92.

Micron Technology (MU)

Micron Technology, Inc. specializes in manufacturing and selling memory and storage products across the globe. The company segments its offerings into Compute and Networking, Mobile, Embedded, and Storage units.

On Thursday, Micron’s stock (MU) dropped by $3.93, settling at $90.41. The trading volume for the day was 8,421,885 shares compared to an average of 21,990,273. Micron's stock has traded between a one-year low of $83.54 and a high of $157.54. The company is valued at $100.73 billion, with a price-to-earnings ratio of 25.93.

Vistra (VST)

Vistra Corp. operates as a retail electricity and power generation enterprise in the United States. It serves a diverse client base in various states and operates through six different segments.

Vistra's stock (VST) fell by $10.15 to a closing price of $116.72 on Thursday. There were 5,182,565 shares exchanged, below the average volume of 9,497,565. The stock has a 52-week low of $57.50 and a high of $199.84. Vistra holds a market cap of $39.71 billion and a price-to-earnings ratio of 21.74.

Tesla, Broadcom, JD, Micron, Vistra