Best 5G Stocks To Follow Now - May 15th

Super Micro Computer, Cisco Systems, QUALCOMM, Monolithic Power Systems, and Fortinet are the five 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of companies involved in the development, deployment or support of fifth-generation wireless network technology. They include network equipment manufacturers, semiconductor producers, telecom carriers and device makers whose growth prospects are tied to 5G’s faster speeds, lower latency and expanded connectivity. Investors buy these stocks to gain exposure to the expected surge in demand for 5G infrastructure and services. 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.

NASDAQ SMCI traded down $0.94 during trading hours on Thursday, hitting $44.06. 50,316,114 shares of the company traded hands, compared to its average volume of 72,471,204. The stock has a market capitalization of $26.30 billion, a price-to-earnings ratio of 22.22 and a beta of 1.36. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $101.40. The business's 50-day moving average is $35.44 and its 200-day moving average is $35.09. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77.

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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 $3.62 during midday trading on Thursday, hitting $64.91. The stock had a trading volume of 31,408,370 shares, compared to its average volume of 20,452,025. 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 business's 50-day simple moving average is $58.65 and its 200-day simple moving average is $59.54. Cisco Systems has a 12 month low of $44.50 and a 12 month high of $66.50. The company has a market cap of $258.22 billion, a P/E ratio of 28.24, a PEG ratio of 4.16 and a beta of 0.89.

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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 stock traded down $0.49 during mid-day trading on Thursday, hitting $152.49. 1,870,175 shares of the company were exchanged, compared to its average volume of 8,909,432. QUALCOMM has a 1-year low of $120.80 and a 1-year high of $230.63. The business has a 50 day simple moving average of $146.00 and a 200-day simple moving average of $157.22. The company has a current ratio of 2.62, a quick ratio of 1.99 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $167.43 billion, a PE ratio of 16.26, a price-to-earnings-growth ratio of 2.01 and a beta of 1.29.

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Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

Shares of Monolithic Power Systems stock traded down $19.15 during midday trading on Thursday, hitting $715.13. 304,666 shares of the company traded hands, compared to its average volume of 788,314. The stock has a market cap of $34.24 billion, a price-to-earnings ratio of 19.45, a PEG ratio of 2.60 and a beta of 1.18. The firm's fifty day moving average price is $580.88 and its 200-day moving average price is $620.13. Monolithic Power Systems has a 12 month low of $438.86 and a 12 month high of $959.64.

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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 traded down $0.33 during trading hours on Thursday, reaching $102.90. The stock had a trading volume of 1,370,145 shares, compared to its average volume of 4,944,522. The stock has a market capitalization of $78.76 billion, a PE ratio of 45.57, a PEG ratio of 4.19 and a beta of 1.16. Fortinet has a 12 month low of $54.57 and a 12 month high of $114.82. 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's 50-day moving average is $98.27 and its two-hundred day moving average is $97.83.

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