Outdoor Stocks to Watch on March 16th
Today, five outdoor stocks stand out according to MarketBeat's stock screener tool: Walmart, Lowe’s Companies, CRH, Kroger, and Affirm. Outdoor stocks are shares of companies involved in industries related to outdoor recreation and leisure, including manufacturers of camping gear, outdoor apparel, and equipment for hiking and fishing. Such stocks tend to reflect trends in consumer interests related to adventure, health, and sustainability. Investors often find these businesses appealing as the outdoor lifestyle market continues to grow. The mentioned companies have recorded the highest dollar trading volume among outdoor stocks recently.
Walmart (WMT)
Walmart Inc. operates as a global retail and wholesale company. It has three main segments: Walmart U.S., Walmart International, and Sam's Club. Walmart serves customers through supercenters, discount stores, warehouse clubs, and eCommerce platforms.
On Friday, shares of Walmart rose by $0.79 to reach $85.29. The trading volume was 35,480,004 shares, well above the average of 15,827,975. Currently, Walmart's 50-day moving average is $95.74, while the 200-day average stands at $88.71. The company's market capitalization is $685.19 billion, with a P/E ratio of 35.39 and a beta of 0.53, reflecting relative stability in its stock price. Over the past year, the stock has fluctuated between a low of $58.56 and a high of $105.30.
Lowe’s Companies (LOW)
Lowe’s Companies, Inc. is a prominent home improvement retailer in the U.S. It offers an extensive range of products for construction, maintenance, and home improvement, including appliances, outdoor furniture, tools, and building materials.
On Friday, Lowe’s shares increased by $1.98, reaching $224.64 with a trading volume of 2,672,277 shares, compared to the average of 2,275,347. Its 50-day moving average is $250.18, while the 200-day average is $258.56. Lowe's has a market capitalization of $126.84 billion and a P/E ratio of 18.74. The stock price has seen a 52-week low of $211.80 and a high of $287.01.
CRH (CRH)
CRH plc focuses on building materials and operates in several regions, including the Americas and Europe. The company's segments include Americas Materials Solutions, Europe Materials Solutions, and more, offering solutions for infrastructure, commercial, and residential projects.
On Friday, CRH shares increased by $2.48 to reach $97.08, with a trading volume of 5,822,443 shares, higher than the average of 4,748,155. The firm holds a market capitalization of $65.71 billion and has a P/E ratio of 19.42. CRH's stock has fluctuated between a low of $71.18 and a high of $110.97 over the past year.
Kroger (KR)
The Kroger Co. operates as a food and drug retailer in the United States, offering a mix of supermarket formats and products from organic food to home goods.
On Friday, Kroger's stock fell by $0.98, settling at $65.12, with a trading volume of 7,450,958 shares compared to its average of 4,832,805. The company maintains a current ratio of 1.54 and a market capitalization of $47.12 billion. The 52-week range for Kroger's stock is between $49.04 and $68.51.
Affirm (AFRM)
Affirm Holdings, Inc. operates a platform for digital commerce, providing payment solutions for consumers and commerce solutions for merchants.
On Friday, Affirm shares increased by $3.18 to $50.08, with a trading volume of 6,316,593 shares, compared to an average of 7,914,811. The company has a market capitalization of $15.93 billion and has recently had a trading range of $22.25 to $82.53 over the past year.
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