Super Micro Computer, QUALCOMM, Cisco Systems, 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 wireless network technology and related infrastructure. They include network equipment makers, semiconductor designers, device manufacturers and service providers poised to benefit from 5G’s higher speeds, lower latency and expanded connectivity. Investors target these stocks to gain exposure to the anticipated growth and new applications enabled by global 5G rollouts. 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.
Super Micro Computer stock traded up $3.70 during midday trading on Tuesday, reaching $53.43. The stock had a trading volume of 32,203,164 shares, compared to its average volume of 68,350,372. The firm's fifty day simple moving average is $43.26 and its two-hundred day simple moving average is $38.75. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $96.33. The firm has a market cap of $31.89 billion, a price-to-earnings ratio of 28.03, a PEG ratio of 2.25 and a beta of 1.43. The company has a debt-to-equity ratio of 0.38, a current ratio of 6.66 and a quick ratio of 3.95.
Read Our Latest Research Report on SMCI
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 QUALCOMM stock traded up $0.44 during trading on Tuesday, hitting $154.73. 2,079,117 shares of the stock traded hands, compared to its average volume of 8,503,841. The stock has a market cap of $169.89 billion, a P/E ratio of 15.76, a PEG ratio of 2.03 and a beta of 1.26. The company has a fifty day moving average price of $153.13 and a two-hundred day moving average price of $154.98. QUALCOMM has a twelve month low of $120.80 and a twelve month high of $211.09. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.08 and a current ratio of 2.73.
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 down $0.39 on Tuesday, reaching $67.43. The company had a trading volume of 4,687,297 shares, compared to its average volume of 20,284,188. The company has a quick ratio of 0.87, a current ratio of 0.95 and a debt-to-equity ratio of 0.50. The stock has a 50-day moving average price of $65.19 and a 200 day moving average price of $61.89. The stock has a market capitalization of $267.03 billion, a P/E ratio of 27.52, a P/E/G ratio of 4.07 and a beta of 0.90. Cisco Systems has a twelve month low of $44.50 and a twelve month high of $69.78.
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 NASDAQ FTNT traded up $1.54 during trading hours on Tuesday, hitting $104.51. 1,566,702 shares of the company's stock were exchanged, compared to its average volume of 4,870,474. The stock has a market capitalization of $79.99 billion, a price-to-earnings ratio of 42.89, a PEG ratio of 3.42 and a beta of 1.06. The company's 50-day moving average price is $103.23 and its 200-day moving average price is $101.02. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.36 and a quick ratio of 1.29. Fortinet has a 1-year low of $54.57 and a 1-year high of $114.82.
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.
Shares of CDNS traded up $2.29 during trading hours on Tuesday, reaching $319.78. 510,794 shares of the company traded hands, compared to its average volume of 2,033,372. The stock's fifty day moving average is $308.00 and its 200 day moving average is $287.35. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.90 and a current ratio of 3.07. The stock has a market cap of $87.31 billion, a P/E ratio of 80.92, a price-to-earnings-growth ratio of 4.44 and a beta of 0.99. Cadence Design Systems has a 1-year low of $221.56 and a 1-year high of $330.09.
Read Our Latest Research Report on CDNS
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