Growth Stocks To Consider - March 22nd

March 22nd brings attention to three notable growth stocks: BlackRock, Welltower, and Blackstone. These stocks have been highlighted by MarketBeat's stock screener tool. Growth stocks represent shares of companies expected to grow at rates well above the market average. This growth is typically fueled by innovation or an expanding foothold in their respective markets.

Unlike many traditional stocks, growth stocks often reinvest their earnings back into the company as opposed to paying dividends. Investors typically focus on capital gains with these investments. The three companies mentioned here have demonstrated a high dollar trading volume recently, indicating increased interest from investors.

BlackRock (BLK)

BlackRock, Inc. is a publicly traded investment management firm. The company provides services to a wide range of investors, including institutional clients like pension plans, insurance companies, and endowments, as well as individuals.

Recently, BlackRock's stock fell by $3.74 during mid-day trading, bringing it to $950.43. A total of 5,211,645 shares exchanged hands, significantly above its average volume of 628,344. Over the past year, its stock has fluctuated between a low of $745.55 and a high of $1,084.22. BlackRock boasts a market capitalization of $147.56 billion, a price-to-earnings ratio of 22.63, and a price-to-earnings-growth ratio of 1.90. The stock's beta is 1.28, with a debt-to-equity ratio of 0.45 and both its quick and current ratios standing at 5.23.

Welltower (WELL)

Welltower Inc., listed as WELL, is a real estate investment trust (REIT) and a member of the S&P 500. Based in Toledo, Ohio, Welltower focuses on transforming healthcare infrastructure. They invest alongside leading operators in seniors housing and healthcare systems to enhance the real estate needed for innovative care models and improved wellness experiences.

The stock of Welltower also saw a decline, trading down $1.05 to reach $146.84 during the same day. The trading volume was 12,751,964 shares, vastly exceeding its usual volume of 2,622,941 shares. Over the last year, its stock has traded between $87.87 and $158.55, showcasing its market cap of $94.17 billion, a price-to-earnings ratio of 94.13, and a price-to-earnings-growth ratio of 2.87. Welltower has a beta of 1.20 with a debt-to-equity ratio of 0.48, and both its quick and current ratios are 4.22.

Blackstone (BX)

Blackstone Inc. is renowned for its expertise in alternative asset management, encompassing sectors such as real estate, private equity, and hedge fund solutions. The firm often invests in early-stage companies, providing a range of capital market services.

On the trading day in question, shares of Blackstone fell by $0.10, landing at $148.65. The trading volume reached 8,381,116 shares, which is higher than its average volume of 3,275,264. Blackstone's market cap stands at $108.43 billion, with a price-to-earnings ratio of 40.95 and a price-to-earnings-growth ratio of 1.07. Additionally, it has a beta of 1.55, current and quick ratios of 0.67 and 0.71, respectively, while its debt-to-equity ratio is 0.61. Over the last year, its stock has traded between a low of $115.82 and a high of $200.96.

This overview highlights the potential of BlackRock, Welltower, and Blackstone as growth stocks to consider this March. Each company shows unique strength and opportunity in its sector.

growth, stocks, investment