Promising Blue Chip Stocks To Follow Now – May 7th

Karman, RF Industries, NetSol Technologies, and Fidelity Blue Chip Growth are the seven Blue Chip stocks to watch today, according to MarketBeat’s stock screener tool. Blue-chip stocks are shares of large, well-established companies known for financial strength, reliable earnings and a long track record of dividend payments. Because they tend to be industry leaders with sturdy balance sheets and lower volatility, blue-chips are often viewed as relatively safe, long-term investments. These companies had the highest dollar trading volume of any Blue Chip stocks within the last several days.

Karman (KRMN)

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.

Karman stock traded down $0.10 during mid-day trading on Wednesday, hitting $38.24. The company’s stock had a trading volume of 85,290 shares, compared to its average volume of 923,819. The stock’s 50 day moving average is $33.25. Karman has a 52-week low of $25.02 and a 52-week high of $39.25.

RF Industries (RFIL)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

Shares of RFIL traded up $0.04 during mid-day trading on Wednesday, hitting $4.01. 1,250 shares of the company’s stock were exchanged, compared to its average volume of 37,510. The stock has a market cap of $42.79 million, a price-to-earnings ratio of -6.37 and a beta of 0.59. The firm has a fifty day moving average of $4.13 and a two-hundred day moving average of $4.26. RF Industries has a twelve month low of $2.88 and a twelve month high of $5.77.

NetSol Technologies (NTWK)

NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.

NASDAQ:NTWK traded up $0.02 during mid-day trading on Wednesday, hitting $2.40. 268 shares of the company’s stock traded hands, compared to its average volume of 21,015. NetSol Technologies has a 12 month low of $2.14 and a 12 month high of $3.34. The firm has a market capitalization of $28.01 million, a price-to-earnings ratio of -34.28 and a beta of 1.06. The firm has a 50 day moving average of $2.38 and a two-hundred day moving average of $2.60.

Fidelity Blue Chip Growth (FBGRX)

Shares of FBGRX traded down $1.58 during trading hours on Wednesday, reaching $203.28. The company has a 50-day simple moving average of $199.35 and a 200 day simple moving average of $218.25.