Dividend Stocks to Watch on March 14th
As of March 14th, several dividend stocks have caught the attention of investors, particularly through MarketBeat's stock screener tool. The stocks to keep an eye on include ProShares UltraPro Short QQQ, Direxion Daily TSLA Bull 2X Shares, Exxon Mobil, Ford Motor, and Crown Castle. Dividend stocks are shares in companies that consistently return a portion of their earnings to shareholders through dividends. These stocks are particularly attractive to investors looking for regular income, as they provide a reliable cash flow in addition to the possibility of capital growth. Recently, these companies have shown the highest trading volumes among dividend stocks.
ProShares UltraPro Short QQQ (SQQQ)
The ProShares UltraPro Short QQQ aims to deliver results that are three times the inverse of the daily performance of the NASDAQ-100 Index, which includes 100 leading non-financial companies listed on the NASDAQ. On Friday, SQQQ saw its stock price decline by $2.79, bringing it to $36.75. It had a trading volume of 76,966,543 shares, surpassing its average of 66,277,930. The stock has seen a 50-day moving average price of $30.34 and a 200-day average of $33.71, with a 52-week range between $26.21 and $64.95.
Direxion Daily TSLA Bull 2X Shares (TSLL)
On the same day, TSLL experienced a price increase of $0.70, reaching $9.27. The trading volume for TSLL stood at 143,733,110 shares, much higher than its average volume of 59,740,721. This stock has a 50-day moving average of $20.92 and a 200-day average of $18.81, with a 52-week price range from $4.94 to $41.50. TSLL has a market capitalization of $1.79 billion and a PE ratio of 38.91.
Exxon Mobil (XOM)
Exxon Mobil is engaged in the exploration and production of crude oil and natural gas both domestically and internationally. The company operates through multiple segments, including Upstream, Energy Products, Chemical Products, and Specialty Products. On Friday, XOM's stock price increased by $3.28, bringing it to $111.95. It traded 8,720,380 shares, compared to an average of 14,961,796. The 52-week range for XOM is $103.67 to $126.34. The company’s market cap is approximately $485.76 billion with a PE ratio of 14.29.
Ford Motor (F)
Ford Motor Company produces a variety of vehicles, ranging from trucks and commercial cars to SUVs and luxury vehicles under the Lincoln brand. The stock rose by $0.21 to reach $9.74, with a trading volume of 71,083,517 shares. The 52-week low and high for Ford's stock are $9.06 and $14.85, respectively. Ford holds a market capitalization of $38.58 billion, with a PE ratio of 6.67.
Crown Castle (CCI)
Crown Castle closed up $9.54 at $103.07 on Friday, with a trading volume of 6,389,791 shares, exceeding its average of 2,563,307. Crown Castle has a debt-to-equity ratio of 4.43, a current ratio of 0.54, and a market cap of $44.79 billion. The stock's 52-week range is between $84.20 and $120.92.
Conclusion
Investors looking for dividend stocks may consider these companies as potential additions to their portfolios. It’s essential to perform due diligence and consider each company's fundamentals and market position. Regular updates on trading volumes and stock performances can further inform investment decisions.
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