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Large Cap Stocks To Follow Now - October 14th

Invesco QQQ logo with Finance background

Key Points

  • The three Large Cap stocks highlighted for October 14th are Invesco QQQ, NVIDIA, and Tesla, which had the highest dollar trading volume recently.
  • Invesco QQQ is designed to track the performance of the Nasdaq-100 Index, providing exposure to a wide range of technology-focused companies.
  • NVIDIA and Tesla are key players in their respective sectors, with NVIDIA focusing on graphics and AI solutions, and Tesla concentrating on electric vehicles and energy systems.
  • Five stocks to consider instead of Invesco QQQ.

Invesco QQQ, NVIDIA, and Tesla are the three Large Cap stocks to watch today, according to MarketBeat's stock screener tool. Large-cap stocks are shares of publicly traded companies with large market capitalizations—commonly defined as roughly $10 billion or more. These firms tend to be well-established, relatively stable businesses that often provide steady dividends and serve as core, lower-volatility holdings in many investors' 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

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

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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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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