Best 5G Stocks To Research - July 5th

Cisco Systems, Super Micro Computer, and Cadence Design Systems are the three 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of companies involved in the development, manufacturing and deployment of fifth-generation wireless network technology—ranging from network equipment vendors and semiconductor makers to telecom carriers and infrastructure providers. Investors target these stocks to gain exposure to anticipated growth in data speeds, low-latency connectivity and next-generation applications like IoT, autonomous vehicles and smart cities. 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 $1.05 on Friday, hitting $69.64. 17,973,495 shares of the company's stock were exchanged, compared to its average volume of 20,328,057. The firm's 50-day moving average is $63.93 and its 200 day moving average is $61.45. The company has a market capitalization of $275.77 billion, a PE ratio of 28.42, a P/E/G ratio of 4.15 and a beta of 0.90. Cisco Systems has a 1-year low of $44.50 and a 1-year high of $69.78. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.87 and a current ratio of 0.95.

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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.

Shares of SMCI traded down $0.24 on Friday, reaching $48.51. The stock had a trading volume of 18,665,575 shares, compared to its average volume of 69,245,496. The company has a quick ratio of 3.95, a current ratio of 6.66 and a debt-to-equity ratio of 0.38. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $96.33. The firm has a 50-day moving average of $41.42 and a 200 day moving average of $37.99. The firm has a market capitalization of $28.95 billion, a PE ratio of 25.52 and a beta of 1.43.

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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.

CDNS stock traded up $17.54 on Friday, reaching $328.49. The company's stock had a trading volume of 2,274,696 shares, compared to its average volume of 2,028,063. Cadence Design Systems has a 52 week low of $221.56 and a 52 week high of $330.09. The company has a market capitalization of $89.69 billion, a P/E ratio of 83.16, a price-to-earnings-growth ratio of 4.53 and a beta of 0.99. The firm has a fifty day moving average of $305.50 and a two-hundred day moving average of $286.91. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.07 and a quick ratio of 2.90.

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