Super Micro Computer, ON Semiconductor, Cisco Systems, QUALCOMM, Jabil, MaxLinear, and Cadence Design Systems are the seven 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of companies involved in building, manufacturing or operating fifth-generation wireless networks. They include network equipment makers, semiconductor designers and telecom carriers whose revenues and valuations hinge on 5G spectrum auctions, infrastructure roll-out and end-user adoption. Investors buy 5G stocks to gain exposure to the growth potential of high-speed, low-latency connectivity powering IoT, autonomous vehicles and enhanced mobile broadband. 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 $0.37 during trading on Thursday, hitting $52.07. 17,242,489 shares of the company's stock traded hands, compared to its average volume of 57,291,520. Super Micro Computer has a 52 week low of $17.25 and a 52 week high of $73.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.95 and a current ratio of 6.66. The business has a fifty day simple moving average of $45.60 and a 200 day simple moving average of $39.66. The stock has a market capitalization of $31.08 billion, a price-to-earnings ratio of 27.39, a P/E/G ratio of 2.43 and a beta of 1.43.
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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.
Shares of NASDAQ:ON traded down $4.22 during trading hours on Thursday, hitting $55.39. The company's stock had a trading volume of 7,462,919 shares, compared to its average volume of 9,882,396. The firm's fifty day moving average price is $51.92 and its 200 day moving average price is $47.90. The company has a debt-to-equity ratio of 0.42, a current ratio of 4.95 and a quick ratio of 3.32. ON Semiconductor has a 52 week low of $31.04 and a 52 week high of $80.08. The company has a market capitalization of $23.15 billion, a price-to-earnings ratio of 38.55, a P/E/G ratio of 5.15 and a beta of 1.43.
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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.
NASDAQ CSCO traded down $0.45 on Thursday, hitting $68.18. 4,546,247 shares of the company's stock traded hands, compared to its average volume of 21,328,965. The company has a current ratio of 0.95, a quick ratio of 0.87 and a debt-to-equity ratio of 0.50. Cisco Systems has a 1-year low of $44.50 and a 1-year high of $69.78. The firm's 50-day moving average price is $66.24 and its two-hundred day moving average price is $62.28. The firm has a market capitalization of $269.97 billion, a PE ratio of 27.84, a P/E/G ratio of 4.08 and a beta of 0.90.
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.
Shares of QCOM traded down $1.94 during trading hours on Thursday, hitting $157.94. The stock had a trading volume of 1,646,591 shares, compared to its average volume of 8,341,659. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.08 and a current ratio of 2.73. The firm has a 50-day moving average price of $154.35 and a 200 day moving average price of $155.05. The firm has a market capitalization of $173.41 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 2.04 and a beta of 1.26. QUALCOMM has a fifty-two week low of $120.80 and a fifty-two week high of $182.64.
Read Our Latest Research Report on QCOM
Jabil (JBL)
Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).
NYSE:JBL traded down $10.83 during trading hours on Thursday, reaching $218.33. 1,044,908 shares of the company were exchanged, compared to its average volume of 1,426,766. Jabil has a twelve month low of $95.85 and a twelve month high of $229.16. The firm has a market cap of $23.43 billion, a PE ratio of 42.38, a price-to-earnings-growth ratio of 1.54 and a beta of 1.20. The stock's 50-day moving average is $194.92 and its 200-day moving average is $165.12. The company has a current ratio of 0.98, a quick ratio of 0.64 and a debt-to-equity ratio of 1.85.
Read Our Latest Research Report on JBL
MaxLinear (MXL)
MaxLinear, Inc. provides communications systems-on-chip solutions worldwide. Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management.
Shares of MaxLinear stock traded up $1.64 during trading hours on Thursday, reaching $16.96. 6,943,837 shares of the company's stock were exchanged, compared to its average volume of 1,576,408. MaxLinear has a 1 year low of $8.35 and a 1 year high of $25.73. The company has a market capitalization of $1.44 billion, a P/E ratio of -6.50 and a beta of 1.72. The business has a fifty day moving average of $13.32 and a two-hundred day moving average of $14.13. The company has a quick ratio of 1.19, a current ratio of 1.63 and a debt-to-equity ratio of 0.25.
Read Our Latest Research Report on MXL
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 $0.25 during mid-day trading on Thursday, reaching $326.71. The stock had a trading volume of 339,041 shares, compared to its average volume of 2,041,799. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.07 and a quick ratio of 2.90. Cadence Design Systems has a 52-week low of $221.56 and a 52-week high of $330.09. The business's fifty day moving average is $309.06 and its 200 day moving average is $288.40. The firm has a market cap of $89.21 billion, a price-to-earnings ratio of 82.70, a P/E/G ratio of 4.44 and a beta of 0.99.
Read Our Latest Research Report on CDNS
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