Super Micro Computer, QUALCOMM, Cisco Systems, Onsemi, and Cadence Design Systems are the five 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of companies that stand to benefit from the rollout and expansion of fifth-generation wireless networks. They typically include telecom operators, network infrastructure and equipment suppliers, semiconductor and chipset manufacturers, and device makers. Investors buy them hoping to profit from increased data speeds, lower latency and the broader adoption of 5G technology. These companies had the highest dollar trading volume of any 5G stocks within the last several days.
Super Micro Computer (SMCI)
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.
Shares of Super Micro Computer stock traded up $0.43 during trading hours on Thursday, hitting $42.08. The company's stock had a trading volume of 15,969,766 shares, compared to its average volume of 72,315,267. The company has a market capitalization of $25.12 billion, a PE ratio of 21.11 and a beta of 1.36. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The stock has a 50 day moving average of $35.79 and a 200 day moving average of $35.33. Super Micro Computer has a 12 month low of $17.25 and a 12 month high of $101.40.
Read Our Latest Research Report on SMCI
QUALCOMM (QCOM)
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.
Shares of NASDAQ:QCOM traded down $2.01 during trading on Thursday, hitting $149.30. 3,121,809 shares of the company's stock traded hands, compared to its average volume of 8,875,482. The company has a 50-day moving average price of $145.89 and a 200-day moving average price of $156.67. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $230.63. The company has a current ratio of 2.62, a quick ratio of 1.99 and a debt-to-equity ratio of 0.49. The company has a market cap of $163.94 billion, a price-to-earnings ratio of 15.94, a price-to-earnings-growth ratio of 2.01 and a beta of 1.29.
Read Our Latest Research Report on QCOM
Cisco Systems (CSCO)
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.
CSCO traded up $0.40 during trading on Thursday, reaching $63.60. The company had a trading volume of 5,098,839 shares, compared to its average volume of 20,270,970. The business's fifty day moving average price is $58.95 and its 200 day moving average price is $59.83. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.79. Cisco Systems has a 12 month low of $44.50 and a 12 month high of $66.50. The company has a market cap of $253.02 billion, a P/E ratio of 27.75, a PEG ratio of 4.16 and a beta of 0.89.
Read Our Latest Research Report on CSCO
Onsemi (ON)
onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.
ON traded down $0.83 during trading on Thursday, hitting $42.83. The company had a trading volume of 6,696,858 shares, compared to its average volume of 7,766,548. The company has a market capitalization of $17.90 billion, a PE ratio of 11.79, a PEG ratio of 16.74 and a beta of 1.39. The company has a quick ratio of 3.38, a current ratio of 5.06 and a debt-to-equity ratio of 0.38. Onsemi has a one year low of $31.04 and a one year high of $80.08. The firm's 50-day moving average price is $39.84 and its 200 day moving average price is $52.53.
Read Our Latest Research Report on ON
Cadence Design Systems (CDNS)
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.
Shares of CDNS traded down $0.62 during midday trading on Thursday, hitting $316.93. The stock had a trading volume of 459,226 shares, compared to its average volume of 1,973,726. The firm has a market cap of $86.54 billion, a price-to-earnings ratio of 82.08, a price-to-earnings-growth ratio of 3.88 and a beta of 1.04. The company has a 50 day simple moving average of $276.76 and a two-hundred day simple moving average of $287.31. Cadence Design Systems has a twelve month low of $221.56 and a twelve month high of $328.99. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.93 and a quick ratio of 2.27.
Read Our Latest Research Report on CDNS
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