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5G Stocks To Follow Today - July 29th

Super Micro Computer logo with Computer and Technology background

Key Points

  • Super Micro Computer is among the top 5G stocks to watch, benefiting from potential growth driven by new data center overhauls, with a significant trading volume recently.
  • Cadence Design Systems saw its shares increase by $29.31, highlighting its strong market position as a provider of functional verification services for integrated circuit design.
  • QUALCOMM's stock rose by $1.33, reflecting its pivotal role in developing and commercializing technologies essential for the wireless industry.
  • Five stocks to consider instead of Super Micro Computer.
  • Limited Time Offer: Unlock powerful research tools, advanced financial data, and expert insights to help you invest with confidence. Save 50% when you upgrade to MarketBeat All Access during the month of July. Claim your discount here.

Super Micro Computer, Cadence Design Systems, QUALCOMM, Cisco Systems, ON Semiconductor, Jabil, and Monolithic Power Systems are the seven 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of companies involved in the rollout, infrastructure, devices and components that support fifth-generation wireless networks. They include telecom operators upgrading their networks, semiconductor firms producing 5G chips, equipment manufacturers building antennas and base stations, and device makers integrating 5G capabilities. Investors track these stocks to gain exposure to the growth potential of faster data speeds, low latency applications and the broader Internet of Things. 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.

NASDAQ SMCI traded down $0.30 on Tuesday, hitting $59.75. 39,890,747 shares of the company were exchanged, compared to its average volume of 57,249,754. The company's 50 day moving average price is $46.24 and its 200-day moving average price is $40.20. The company has a debt-to-equity ratio of 0.38, a current ratio of 6.66 and a quick ratio of 3.95. The firm has a market capitalization of $35.66 billion, a P/E ratio of 31.42, a price-to-earnings-growth ratio of 2.65 and a beta of 1.43. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $72.44.

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 $29.31 during trading hours on Tuesday, reaching $363.07. The company's stock had a trading volume of 2,606,027 shares, compared to its average volume of 2,063,847. The firm has a market cap of $99.13 billion, a price-to-earnings ratio of 91.92, a P/E/G ratio of 4.62 and a beta of 0.99. Cadence Design Systems has a 1-year low of $221.56 and a 1-year high of $370.61. The company has a quick ratio of 2.90, a current ratio of 3.07 and a debt-to-equity ratio of 0.52. The company has a 50 day moving average of $309.66 and a two-hundred day moving average of $288.77.

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 up $1.33 during trading hours on Tuesday, reaching $162.38. The company's stock had a trading volume of 3,835,159 shares, compared to its average volume of 8,316,495. The firm has a market cap of $178.29 billion, a price-to-earnings ratio of 16.55, a P/E/G ratio of 2.04 and a beta of 1.26. The company has a 50 day moving average of $154.74 and a two-hundred day moving average of $155.00. QUALCOMM has a 1-year low of $120.80 and a 1-year high of $182.10. The company has a quick ratio of 2.08, a current ratio of 2.73 and a debt-to-equity ratio of 0.48.

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.

Shares of NASDAQ CSCO traded up $0.55 during trading hours on Tuesday, hitting $68.47. The stock had a trading volume of 6,011,571 shares, compared to its average volume of 21,208,547. The company has a market capitalization of $271.14 billion, a P/E ratio of 27.94, a P/E/G ratio of 4.11 and a beta of 0.90. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.87 and a current ratio of 0.95. The firm's 50-day moving average price is $66.51 and its two-hundred day moving average price is $62.52. Cisco Systems has a 52 week low of $44.50 and a 52 week high of $69.78.

Read Our Latest Research Report on CSCO

ON Semiconductor (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 Semiconductor stock traded down $0.19 during trading hours on Tuesday, reaching $58.47. 5,096,018 shares of the company were exchanged, compared to its average volume of 9,899,535. The firm has a market cap of $24.43 billion, a price-to-earnings ratio of 40.60, a PEG ratio of 4.68 and a beta of 1.43. The company has a current ratio of 4.95, a quick ratio of 3.32 and a debt-to-equity ratio of 0.42. The stock has a 50-day moving average of $52.67 and a 200 day moving average of $47.69. ON Semiconductor has a 12 month low of $31.04 and a 12 month high of $79.45.

Read Our Latest Research Report on ON

Jabil (JBL)

Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

Shares of JBL traded up $3.90 during mid-day trading on Tuesday, hitting $228.69. The company's stock had a trading volume of 781,660 shares, compared to its average volume of 1,420,513. Jabil has a one year low of $95.85 and a one year high of $232.84. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.64 and a current ratio of 0.98. The firm has a market capitalization of $24.54 billion, a PE ratio of 44.36, a price-to-earnings-growth ratio of 1.55 and a beta of 1.20. The stock's 50-day moving average is $199.44 and its two-hundred day moving average is $167.16.

Read Our Latest Research Report on JBL

Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

Shares of NASDAQ MPWR traded down $19.14 during trading hours on Tuesday, reaching $719.41. The stock had a trading volume of 245,155 shares, compared to its average volume of 811,929. The business's fifty day moving average is $710.58 and its two-hundred day moving average is $646.93. The company has a market cap of $34.45 billion, a price-to-earnings ratio of 19.07, a PEG ratio of 2.84 and a beta of 1.20. Monolithic Power Systems has a twelve month low of $438.86 and a twelve month high of $959.64.

Read Our Latest Research Report on MPWR

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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