Promising Retail Stocks To Add to Your Watchlist – March 1st

As of March 1st, five retail stocks stand out according to MarketBeat's stock screener tool, these include Tesla, Apple, Microsoft, Amazon.com, and Berkshire Hathaway. Retail stocks are shares of companies that sell products directly to consumers, whether through physical locations or online platforms. The performance of these stocks is closely linked to consumer spending and the overall economic climate, serving as an important indicator of market trends and consumer confidence. Recently, these companies demonstrated significant trading volume compared to other retail stocks.

Tesla (TSLA)

Tesla, Inc. specializes in designing, developing, manufacturing, leasing, and selling electric vehicles as well as energy generation and storage systems, operating primarily in the United States and China. The company operates in two main segments: Automotive and Energy Generation and Storage. The Automotive segment provides electric vehicles, automotive regulatory credits, and various after-sales services, including body shop work, vehicle insurance, and supercharging.

On the last trading day, Tesla's stock rose by $11.38, landing at $293.33. Notably, trading volume reached 115,346,932 shares, exceeding the average volume of 79,298,227 shares. The company possesses a quick ratio of 1.61, a current ratio of 2.02, and a manageable debt-to-equity ratio of 0.08. Over the past year, Tesla's stock has seen lows of $138.80 and highs of $488.54, positioning it with a market cap of $943.49 billion, a P/E ratio of 143.79, and a beta of 2.34. The averages for 50-day and 200-day moving prices stand at $385.35 and $315.95, respectively.

Apple (AAPL)

Apple Inc. is known for designing, manufacturing, and marketing a variety of consumer electronics and accessories globally. Products include the iPhone, Mac computers, iPads, and a range of wearables along with home accessories like AirPods and Apple TV.

On March 1st, Apple's shares rose by $4.46, bringing the price to $241.76. The trading volume for the day was recorded at 56,752,369 shares, slightly higher than the average volume of 52,881,559 shares. Apple holds a quick ratio of 0.88 and a current ratio of 0.92, with a debt-to-equity ratio of 1.26. The stock has traded between lows of $164.07 and highs of $260.10 over the last year, with a total market capitalization of $3.63 trillion, P/E ratio of 38.37, and a beta value of 1.20. The 50-day moving average price is $239.60 and the 200-day moving average price is $233.58.

Microsoft (MSFT)

Microsoft Corporation specializes in developing and supporting a wide range of software, services, and devices globally. Key offerings include business productivity platforms such as Office and Microsoft Teams, as well as consumer-facing services like Microsoft 365.

During trading on March 1st, Microsoft’s shares increased by $4.59, bringing the total to $397.12. Stock trading volume reached 32,824,267 shares, surpassing the average volume of 22,948,834. The company reports a quick ratio of 1.34 and a current ratio of 1.35, with a low debt-to-equity ratio of 0.13. Microsoft's stock has fluctuated between a low of $385.58 and a high of $468.35 over the past year, reflecting a market cap of $2.95 trillion, P/E ratio of 31.97, and a beta value of 0.90. Recent 50-day and 200-day moving averages stand at $420.68 and $422.62, respectively.

Amazon.com (AMZN)

Amazon.com, Inc. is a formidable player in the retail sector, engaging in the online and physical sale of consumer goods, advertising, and subscription services globally. The company operates through three key segments: North America, International, and Amazon Web Services (AWS).

On the last trading day, Amazon.com shares appreciated by $3.58, with the price reaching $212.32. The trading volume was notable at 51,708,069 shares against an average volume of 36,827,215. The company holds a 50-day moving average stock price of $226.44 and a 200-day moving average of $205.61. With a quick ratio of 0.87, current ratio of 1.06, and a debt-to-equity ratio of 0.18, Amazon has achieved a market capitalization of $2.25 trillion. The stock’s historical trading range has shown lows at $151.61 and highs of $242.52 over the past year, with a P/E ratio of 38.39 and a beta of 1.15.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc. operates through subsidiaries involved in the insurance, freight rail, and utility industries across the globe, providing various insurance products and services, and operating railway systems.

On March 1st, Berkshire Hathaway's stock climbed by $12.81 to $515.22. The trading volume for the day was 6,846,662 shares, higher than the average volume of 4,089,680. The company reports a 50-day average stock price of $468.15 and a 200-day moving average price of $462.81. With a market capitalization of $1.11 trillion, Berkshire has a P/E ratio of 10.41, P/E/G ratio of 3.45, and a beta of 0.88. The stock’s price has ranged from a low of $395.66 to a high of $515.37 over the past year.

Overall, these retail stocks represent some of the most promising opportunities for investors to consider as they navigate March. Each company has unique strengths and significant trading activity that may justify further research into their stock performance.

stocks, retail, investment