Super Micro Computer, QUALCOMM, Cisco Systems, Cadence Design Systems, and Onsemi are the five 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of publicly traded companies that develop, manufacture or deploy components of fifth-generation wireless networks. They include network operators, equipment makers, semiconductor designers and even device manufacturers positioned to benefit from faster data speeds, low-latency connections and the wider rollout of IoT and edge-computing applications. Investors buy 5G stocks to gain exposure to the anticipated growth and innovation driven by next-generation mobile 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 SMCI traded down $1.35 during trading hours on Friday, reaching $39.80. The company's stock had a trading volume of 16,307,893 shares, compared to its average volume of 64,334,641. The company has a 50 day moving average of $35.86 and a two-hundred day moving average of $35.99. Super Micro Computer has a 1-year low of $17.25 and a 1-year high of $101.40. The firm has a market cap of $23.76 billion, a price-to-earnings ratio of 19.98 and a beta of 1.36. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32.
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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.
QUALCOMM stock traded down $2.81 during trading hours on Friday, reaching $145.53. 1,627,734 shares of the company were exchanged, compared to its average volume of 8,512,540. The firm has a market cap of $159.79 billion, a price-to-earnings ratio of 15.55, a PEG ratio of 2.01 and a beta of 1.29. 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 stock has a 50-day moving average of $144.60 and a 200 day moving average of $155.74. QUALCOMM has a 12 month low of $120.80 and a 12 month high of $230.63.
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 CSCO traded down $0.45 during mid-day trading on Friday, hitting $62.61. The company's stock had a trading volume of 3,392,581 shares, compared to its average volume of 21,821,688. Cisco Systems has a one year low of $44.50 and a one year high of $66.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.79 and a current ratio of 0.87. The stock's 50-day moving average is $59.26 and its two-hundred day moving average is $60.07. The firm has a market capitalization of $247.92 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 4.16 and a beta of 0.89.
Read Our Latest Research Report on CSCO
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 NASDAQ CDNS traded down $1.15 during midday trading on Friday, reaching $283.36. 719,014 shares of the company traded hands, compared to its average volume of 2,014,384. The firm has a market cap of $77.37 billion, a PE ratio of 73.59, a PEG ratio of 3.88 and a beta of 1.04. The stock's 50-day simple moving average is $282.52 and its 200-day simple moving average is $287.74. Cadence Design Systems has a 12 month low of $221.56 and a 12 month high of $328.99. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.27 and a current ratio of 2.93.
Read Our Latest Research Report on CDNS
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.
Shares of NASDAQ ON traded down $0.62 during midday trading on Friday, reaching $42.32. 2,833,895 shares of the company traded hands, compared to its average volume of 9,942,783. Onsemi has a 12 month low of $31.04 and a 12 month high of $80.08. The firm has a market cap of $17.68 billion, a PE ratio of 11.66, a PEG ratio of 16.74 and a beta of 1.39. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.38 and a current ratio of 5.06. The stock's 50-day simple moving average is $39.64 and its 200-day simple moving average is $51.35.
Read Our Latest Research Report on ON
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