NVIDIA, Broadcom, and Apple are the three Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of companies whose primary business involves developing, manufacturing, or providing products and services in the information-technology sector—such as hardware, software, semiconductors, internet platforms, and IT services. Investors often view these stocks as growth-oriented, since their value is closely tied to innovation, research and development, and rapid market adoption of new technologies. However, they can also exhibit higher volatility compared to more mature sectors due to shifting consumer trends and competitive pressures. These companies had the highest dollar trading volume of any Technology stocks within the last several days.
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.
NASDAQ NVDA traded up $2.60 during trading hours on Friday, reaching $142.59. The company's stock had a trading volume of 105,557,772 shares, compared to its average volume of 274,593,625. The stock has a market cap of $3.48 trillion, a PE ratio of 56.12, a PEG ratio of 1.76 and a beta of 2.12. The business has a 50-day simple moving average of $117.82 and a 200 day simple moving average of $126.42. NVIDIA has a 52 week low of $86.62 and a 52 week high of $153.13. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13.
Read Our Latest Research Report on NVDA
Broadcom (AVGO)
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.
Broadcom stock traded down $10.22 during mid-day trading on Friday, hitting $249.71. 27,040,550 shares of the company's stock traded hands, compared to its average volume of 29,048,502. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.98. Broadcom has a one year low of $128.50 and a one year high of $265.43. The firm has a 50 day moving average price of $202.16 and a 200 day moving average price of $205.65. The company has a market cap of $1.17 trillion, a PE ratio of 203.70, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11.
Read Our Latest Research Report on AVGO
Apple (AAPL)
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.
Shares of NASDAQ:AAPL traded up $4.18 on Friday, reaching $204.81. 25,760,822 shares of the company traded hands, compared to its average volume of 57,815,168. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88. The stock has a market capitalization of $3.06 trillion, a PE ratio of 32.52, a P/E/G ratio of 2.44 and a beta of 1.22. The company's 50 day moving average is $201.56 and its 200-day moving average is $224.35. Apple has a fifty-two week low of $169.21 and a fifty-two week high of $260.10.
Read Our Latest Research Report on AAPL
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider NVIDIA, 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 NVIDIA wasn't on the list.
While NVIDIA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.