Super Micro Computer, Cadence Design Systems, and Cisco Systems are the three 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, including telecom carriers, infrastructure equipment providers, semiconductor makers and device manufacturers. Investors favor 5G stocks for their potential growth as 5G networks deliver faster data speeds, lower latency and broader connectivity for applications ranging from IoT devices to autonomous vehicles. 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 down $0.25 during mid-day trading on Thursday, hitting $48.49. The stock had a trading volume of 12,834,436 shares, compared to its average volume of 69,080,079. The company has a current ratio of 6.66, a quick ratio of 3.95 and a debt-to-equity ratio of 0.38. Super Micro Computer has a one year low of $17.25 and a one year high of $96.33. The firm's 50 day moving average is $40.93 and its 200 day moving average is $37.78. The firm has a market capitalization of $28.94 billion, a P/E ratio of 25.71 and a beta of 1.43.
Read Our Latest Research Report on SMCI
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 stock traded up $16.62 during mid-day trading on Thursday, hitting $327.57. The company had a trading volume of 1,477,034 shares, compared to its average volume of 2,020,015. The company has a market capitalization of $89.44 billion, a P/E ratio of 82.63, a P/E/G ratio of 4.29 and a beta of 0.99. The stock's 50 day moving average price is $303.79 and its 200-day moving average price is $286.69. 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 $329.45.
Read Our Latest Research Report on CDNS
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 Cisco Systems stock traded up $1.19 during trading hours on Thursday, reaching $69.37. The company's stock had a trading volume of 5,964,114 shares, compared to its average volume of 20,234,214. Cisco Systems has a one year low of $44.50 and a one year high of $69.78. 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 firm has a 50 day moving average price of $63.41 and a 200-day moving average price of $61.30. The stock has a market cap of $274.69 billion, a P/E ratio of 28.34, a P/E/G ratio of 4.13 and a beta of 0.90.
Read Our Latest Research Report on CSCO
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