Large Cap Stocks To Add to Your Watchlist - August 29th

Key Points

• NVIDIA, Invesco QQQ, and Tesla are highlighted as key large-cap stocks to watch, with significant dollar trading volumes recently.
• NVIDIA specializes in graphics and computing solutions, including gaming GPUs and metaverse applications, showcasing its diverse product offerings.
• The Invesco QQQ Trust tracks the Nasdaq-100 Index, allowing investors to gain exposure to major tech stocks represented in the index.

NVIDIA, Invesco QQQ, and Tesla 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 typically large market capitalization—generally defined as having a market value of at least $10 billion. Because these firms are usually well‐established, diversified and financially stable, their shares tend to be less volatile than those of smaller companies. These companies had the highest dollar trading volume of any Large Cap 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.

Read Our Latest Research Report on NVDA

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

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