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Best Large Cap Stocks Worth Watching - October 18th

Invesco QQQ logo with Finance background

Key Points

  • The three Large Cap stocks to watch are Invesco QQQ, Tesla, and NVIDIA, based on their high trading volume recently.
  • Invesco QQQ is designed to track the Nasdaq-100 Index, providing investors with a way to invest in major technology stocks.
  • Tesla operates in both the automotive and energy generation sectors, focusing on electric vehicles and sustainable energy solutions.
  • Interested in Invesco QQQ? Here are five stocks we like better.

Invesco QQQ, Tesla, and NVIDIA are the three Large Cap stocks to watch today, according to MarketBeat's stock screener tool. Large cap stocks are shares of companies with a large market capitalization—generally companies with a market value of roughly $10 billion or more—making them among the biggest firms listed on stock exchanges. Investors view them as relatively stable, well-established businesses that tend to have lower volatility and often pay regular dividends, so they are commonly used as core holdings in diversified portfolios. These companies had the highest dollar trading volume of any Large Cap stocks within the last several days.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

Read Our Latest Research Report on QQQ

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Read Our Latest Research Report on TSLA

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Read Our Latest Research Report on NVDA

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Should You Invest $1,000 in Invesco QQQ Right Now?

Before you consider Invesco QQQ, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco QQQ wasn't on the list.

While Invesco QQQ currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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