5G Stocks To Consider - July 25th

Key Points

• Super Micro Computer, Cadence Design Systems, and QUALCOMM are highlighted as key 5G stocks showing significant trading volume and potential growth.
• Super Micro Computer's stock recently traded at $53.71 with a market cap of $32.06 billion and a PE ratio of 28.27.
• Cadence Design Systems has a market capitalization of $90.90 billion, with shares trading at $332.91 and a price-to-earnings ratio of 84.23.
• QUALCOMM’s shares closed at $158.66, boasting a market cap of $174.21 billion and a PE ratio of 16.17.

Super Micro Computer, Cadence Design Systems, and QUALCOMM are the three 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares in companies involved in the development, production, and deployment of fifth-generation mobile network technology. This includes telecom operators building 5G infrastructure, equipment manufacturers supplying antennas and routers, and semiconductor companies designing 5G-capable chips. Investors target 5G stocks for potential growth as global networks upgrade to faster, lower-latency connectivity and enable new applications. 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 SMCI stock traded up $1.19 during trading hours on Friday, hitting $53.71. 13,105,600 shares of the company's stock traded hands, compared to its average volume of 57,123,848. The stock's fifty day simple moving average is $45.77 and its two-hundred day simple moving average is $39.77. Super Micro Computer has a 12-month low of $17.25 and a 12-month high of $73.00. The stock has a market cap of $32.06 billion, a price-to-earnings ratio of 28.27, a PEG ratio of 2.52 and a beta of 1.43. The company has a quick ratio of 3.95, a current ratio of 6.66 and a debt-to-equity ratio of 0.38.

Read Our Latest Research Report on SMCI

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 up $8.27 on Friday, hitting $332.91. 1,016,928 shares of the stock traded hands, compared to its average volume of 2,043,258. The company has a market capitalization of $90.90 billion, a PE ratio of 84.23, a P/E/G ratio of 4.54 and a beta of 0.99. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.90 and a current ratio of 3.07. The business has a 50 day simple moving average of $309.18 and a 200 day simple moving average of $288.52. Cadence Design Systems has a one year low of $221.56 and a one year high of $334.00.

Read Our Latest Research Report on CDNS

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 QCOM traded down $0.18 on Friday, hitting $158.66. 1,753,354 shares of the stock traded hands, compared to its average volume of 8,318,577. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.08 and a current ratio of 2.73. QUALCOMM has a one year low of $120.80 and a one year high of $182.64. The company has a market capitalization of $174.21 billion, a PE ratio of 16.17, a P/E/G ratio of 2.06 and a beta of 1.26. The business has a 50 day simple moving average of $154.48 and a 200 day simple moving average of $155.04.

Read Our Latest Research Report on QCOM

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