Infrastructure Stocks Worth Watching - August 2nd

Key Points

• The top three infrastructure stocks to monitor are NVIDIA, Coinbase Global, and Alphabet, due to their high trading volumes recently.
• NVIDIA has a market cap of $4.24 trillion and its shares experienced significant trading activity, reaching a midday low of $173.72.
• Coinbase Global reported a stock price drop to $314.69, with its market cap at approximately $79.89 billion and a P/E ratio of 30.43.

NVIDIA, Coinbase Global, and Alphabet are the three Infrastructure stocks to watch today, according to MarketBeat's stock screener tool. Infrastructure stocks are shares of companies that develop, operate and maintain the physical assets underpinning modern economies—such as roads, bridges, airports, utilities and communication networks. Because these firms often hold long-term contracts or regulated monopolies, they typically generate stable cash flows and pay attractive dividends. Investors favor them for predictable, income-oriented returns with relatively low sensitivity to economic cycles. These companies had the highest dollar trading volume of any Infrastructure 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.

Shares of NASDAQ:NVDA traded down $4.15 during mid-day trading on Friday, reaching $173.72. 203,669,565 shares of the stock were exchanged, compared to its average volume of 153,436,048. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. NVIDIA has a one year low of $86.62 and a one year high of $183.30. The company has a market cap of $4.24 trillion, a P/E ratio of 56.04, a P/E/G ratio of 1.57 and a beta of 2.14. The stock's 50 day simple moving average is $155.30 and its 200-day simple moving average is $132.32.

Read Our Latest Research Report on NVDA

Coinbase Global (COIN)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

COIN traded down $63.07 during trading on Friday, reaching $314.69. 31,265,570 shares of the stock were exchanged, compared to its average volume of 12,904,831. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.52 and a current ratio of 2.52. The stock's 50 day moving average price is $327.63 and its two-hundred day moving average price is $259.64. Coinbase Global has a twelve month low of $142.58 and a twelve month high of $444.64. The stock has a market cap of $79.89 billion, a P/E ratio of 30.43, a price-to-earnings-growth ratio of 26.32 and a beta of 3.70.

Read Our Latest Research Report on COIN

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

GOOGL traded down $2.77 during trading hours on Friday, reaching $189.13. The company's stock had a trading volume of 34,777,882 shares, compared to its average volume of 38,669,572. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.90 and a current ratio of 1.90. The company's 50-day moving average is $178.32 and its 200-day moving average is $173.12. Alphabet has a 52 week low of $140.53 and a 52 week high of $207.05. The firm has a market cap of $2.30 trillion, a PE ratio of 20.14, a price-to-earnings-growth ratio of 1.30 and a beta of 1.01.

Read Our Latest Research Report on GOOGL

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