5G Stocks To Watch Today - August 12th

Key Points

• Super Micro Computer, Cisco Systems, Fortinet, QUALCOMM, and ON Semiconductor are highlighted as the top 5G stocks to watch, benefiting from the expected surge in 5G technology and its applications.
• Each of these companies has reported significant trading volumes, with Super Micro Computer hitting a market cap of $27.50 billion and a high of $66.44 in the past year.
• QUALCOMM shares increased by $5.13, reaching $153.10, while maintaining a market capitalization of $165.19 billion, showcasing strong growth potential in the wireless technology sector.

Super Micro Computer, Cisco Systems, Fortinet, QUALCOMM, and ON Semiconductor 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 wireless technology—ranging from telecom carriers and network‐equipment makers to semiconductor and device manufacturers. Investors buy them to gain exposure to the expected surge in data speeds, low-latency applications and IoT growth driven by the global rollout of 5G networks. While they offer high growth potential, these stocks can also be more volatile due to technology development and regulatory risks. 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 up $0.88 on Tuesday, hitting $46.08. 16,438,046 shares of the stock traded hands, compared to its average volume of 56,733,781. Super Micro Computer has a 1 year low of $17.25 and a 1 year high of $66.44. The stock's 50 day moving average is $48.69 and its two-hundred day moving average is $41.71. The firm has a market capitalization of $27.50 billion, a P/E ratio of 27.75, a P/E/G ratio of 1.14 and a beta of 1.46. The company has a quick ratio of 3.32, a current ratio of 5.32 and a debt-to-equity ratio of 0.74.

Read Our Latest Research Report on SMCI

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.

CSCO stock traded up $0.66 during midday trading on Tuesday, reaching $71.33. 8,059,994 shares of the company's stock traded hands, compared to its average volume of 21,208,420. Cisco Systems has a fifty-two week low of $44.89 and a fifty-two week high of $72.55. The company has a market capitalization of $282.45 billion, a P/E ratio of 29.11, a PEG ratio of 3.98 and a beta of 0.91. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.95 and a quick ratio of 0.87. The business has a 50-day moving average price of $67.63 and a two-hundred day moving average price of $63.11.

Read Our Latest Research Report on CSCO

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 $4.11 on Tuesday, hitting $78.68. The stock had a trading volume of 7,242,348 shares, compared to its average volume of 5,207,349. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.24 and a current ratio of 1.33. Fortinet has a 52-week low of $69.65 and a 52-week high of $114.82. The stock's 50 day moving average is $101.20 and its 200-day moving average is $101.49. The firm has a market capitalization of $60.23 billion, a price-to-earnings ratio of 31.35, a P/E/G ratio of 2.50 and a beta of 1.07.

Read Our Latest Research Report on FTNT

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 NASDAQ:QCOM traded up $5.13 on Tuesday, reaching $153.10. 3,514,492 shares of the company's stock were exchanged, compared to its average volume of 8,447,334. The firm has a market capitalization of $165.19 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 2.15 and a beta of 1.23. QUALCOMM has a fifty-two week low of $120.80 and a fifty-two week high of $182.10. The business's 50-day moving average is $155.10 and its two-hundred day moving average is $153.89. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54.

Read Our Latest Research Report on QCOM

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 stock traded up $3.52 during midday trading on Tuesday, reaching $50.62. The company had a trading volume of 5,537,242 shares, compared to its average volume of 10,067,492. The firm has a market capitalization of $20.70 billion, a PE ratio of 47.33, a P/E/G ratio of 2.37 and a beta of 1.45. The stock has a 50 day moving average price of $54.43 and a 200 day moving average price of $47.43. ON Semiconductor has a fifty-two week low of $31.04 and a fifty-two week high of $78.61. The company has a quick ratio of 3.37, a current ratio of 5.02 and a debt-to-equity ratio of 0.42.

Read Our Latest Research Report on ON

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