Super Micro Computer, Cisco Systems, QUALCOMM, Fortinet, and Cadence Design Systems 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 fifth-generation mobile network technology. They include telecom equipment makers, semiconductor designers and network operators that stand to benefit from the rollout of faster, low-latency wireless services. Investors often view 5G stocks as growth opportunities tied to the global expansion of next-generation connectivity. 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.
SMCI stock traded up $2.07 during midday trading on Monday, reaching $49.65. The stock had a trading volume of 30,746,842 shares, compared to its average volume of 60,715,535. The firm has a market cap of $29.63 billion, a price-to-earnings ratio of 26.10 and a beta of 1.40. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $96.33. The company has a quick ratio of 3.95, a current ratio of 6.66 and a debt-to-equity ratio of 0.38. The business has a fifty day simple moving average of $39.89 and a two-hundred day simple moving average of $37.55.
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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 $0.52 during trading on Monday, hitting $69.17. 12,447,902 shares of the company's stock were exchanged, compared to its average volume of 20,205,386. The company has a current ratio of 0.95, a quick ratio of 0.87 and a debt-to-equity ratio of 0.50. The firm has a market cap of $273.91 billion, a P/E ratio of 28.23, a PEG ratio of 4.11 and a beta of 0.88. The firm has a 50-day moving average price of $62.57 and a two-hundred day moving average price of $61.12. Cisco Systems has a 1-year low of $44.50 and a 1-year high of $69.37.
Read Our Latest Research Report on CSCO
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.
QCOM stock traded up $1.24 during midday trading on Monday, reaching $159.78. The company's stock had a trading volume of 2,553,739 shares, compared to its average volume of 8,498,787. The business's 50-day simple moving average is $149.44 and its 200-day simple moving average is $154.78. The company has a quick ratio of 2.08, a current ratio of 2.73 and a debt-to-equity ratio of 0.48. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $211.09. The stock has a market cap of $175.44 billion, a PE ratio of 16.27, a price-to-earnings-growth ratio of 2.05 and a beta of 1.26.
Read Our Latest Research Report on QCOM
Fortinet (FTNT)
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.
Shares of FTNT stock traded up $2.35 during trading hours on Monday, reaching $105.46. The company had a trading volume of 1,111,266 shares, compared to its average volume of 4,845,065. Fortinet has a 1-year low of $54.57 and a 1-year high of $114.82. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.36 and a quick ratio of 1.29. The firm has a market cap of $80.72 billion, a price-to-earnings ratio of 43.39, a P/E/G ratio of 3.56 and a beta of 1.07. The company has a 50 day moving average of $102.54 and a 200 day moving average of $100.50.
Read Our Latest Research Report on FTNT
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.
NASDAQ CDNS traded up $2.75 on Monday, reaching $307.95. The company had a trading volume of 349,817 shares, compared to its average volume of 2,016,784. Cadence Design Systems has a 52 week low of $221.56 and a 52 week high of $326.19. The stock's 50 day moving average is $300.72 and its 200-day moving average is $286.35. 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 stock has a market cap of $84.08 billion, a price-to-earnings ratio of 77.96, a PEG ratio of 4.23 and a beta of 0.99.
Read Our Latest Research Report on CDNS
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