Cisco Systems, Super Micro Computer, QUALCOMM, Onsemi, Cadence Design Systems, Fortinet, and Teradyne are the seven 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of publicly traded companies that develop, manufacture or operate components of fifth-generation wireless networks. This includes telecom carriers rolling out 5G coverage, equipment makers building network infrastructure, semiconductor suppliers producing 5G-enabled chips, and device manufacturers integrating the technology. Investors buy 5G stocks to gain exposure to faster data speeds, expanded connectivity and the innovation opportunities fueled by next-generation wireless services. These companies had the highest dollar trading volume of any 5G stocks within the last several days.
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 $1.44 during midday trading on Friday, reaching $66.06. 20,913,335 shares of the company were exchanged, compared to its average volume of 20,135,416. Cisco Systems has a fifty-two week low of $44.50 and a fifty-two week high of $66.50. The company has a quick ratio of 0.79, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. The stock has a fifty day simple moving average of $59.61 and a two-hundred day simple moving average of $60.34. The firm has a market cap of $261.60 billion, a PE ratio of 28.85, a P/E/G ratio of 4.16 and a beta of 0.88.
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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 $0.78 during midday trading on Friday, hitting $41.55. The company's stock had a trading volume of 25,359,202 shares, compared to its average volume of 71,319,786. The stock has a market capitalization of $24.80 billion, a P/E ratio of 20.86 and a beta of 1.40. The company's fifty day moving average price is $36.55 and its 200 day moving average price is $36.84. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $101.40. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93.
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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.
QCOM traded up $1.68 on Friday, reaching $149.24. The company had a trading volume of 5,789,125 shares, compared to its average volume of 8,722,293. QUALCOMM has a fifty-two week low of $120.80 and a fifty-two week high of $230.63. The stock has a market cap of $163.87 billion, a P/E ratio of 15.94, a P/E/G ratio of 2.01 and a beta of 1.26. The company's fifty day moving average is $143.61 and its 200 day moving average is $155.12. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.99 and a current ratio of 2.62.
Read Our Latest Research Report on QCOM
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 up $0.63 on Friday, reaching $50.17. The company had a trading volume of 8,140,359 shares, compared to its average volume of 8,044,688. Onsemi has a fifty-two week low of $31.04 and a fifty-two week high of $80.08. The stock has a market cap of $20.97 billion, a P/E ratio of 13.82, a P/E/G ratio of 16.74 and a beta of 1.39. The company's fifty day moving average is $40.16 and its 200 day moving average is $50.51. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.38 and a current ratio of 5.06.
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 NASDAQ:CDNS traded up $0.66 on Friday, reaching $296.95. 1,363,074 shares of the company's stock were exchanged, compared to its average volume of 2,019,733. The company has a fifty day moving average of $286.39 and a 200-day moving average of $287.51. Cadence Design Systems has a twelve month low of $221.56 and a twelve month high of $328.99. The company has a market capitalization of $81.08 billion, a price-to-earnings ratio of 76.93, a PEG ratio of 3.88 and a beta of 0.98. The company has a current ratio of 2.93, a quick ratio of 2.27 and a debt-to-equity ratio of 0.53.
Read Our Latest Research Report on CDNS
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 NASDAQ FTNT traded up $1.44 during trading hours on Friday, hitting $104.94. 3,296,603 shares of the stock were exchanged, compared to its average volume of 4,974,811. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.39 and a current ratio of 1.47. The company has a market cap of $80.32 billion, a PE ratio of 46.43, a price-to-earnings-growth ratio of 4.19 and a beta of 1.06. The company's fifty day simple moving average is $100.18 and its two-hundred day simple moving average is $99.78. Fortinet has a 1-year low of $54.57 and a 1-year high of $114.82.
Read Our Latest Research Report on FTNT
Teradyne (TER)
Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.
NASDAQ:TER traded up $3.49 on Friday, hitting $85.23. The company had a trading volume of 3,114,895 shares, compared to its average volume of 2,607,610. The firm has a 50 day moving average of $76.98 and a two-hundred day moving average of $101.60. The stock has a market capitalization of $13.67 billion, a price-to-earnings ratio of 25.59, a PEG ratio of 2.83 and a beta of 1.69. Teradyne has a 52 week low of $65.77 and a 52 week high of $163.21.
Read Our Latest Research Report on TER
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