Free Trial

Large Cap Stocks To Keep An Eye On - August 16th

Invesco QQQ logo with Finance background

Key Points

  • Seven large-cap stocks, including Microsoft, NVIDIA, Tesla, and UnitedHealth Group, are highlighted as important to watch based on high trading volumes.
  • Invesco QQQ, a unit investment trust referring to the Nasdaq-100 Index, aims to correspond to the index's price and yield performance.
  • Microsoft's AI positioning is under scrutiny as it faces a critical earnings season, impacting investor sentiment.
  • Looking to export and analyze Invesco QQQ data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Invesco QQQ, NVIDIA, Tesla, UnitedHealth Group, Microsoft, Apple, and Palantir Technologies are the seven Large Cap stocks to watch today, according to MarketBeat's stock screener tool. Large-cap stocks are shares of companies with a market capitalization typically exceeding $10 billion, reflecting well-established, financially stable businesses. They are often components of major market indices and tend to exhibit lower volatility and more consistent dividend payouts than smaller-cap equities. Investors commonly use large-caps as core portfolio holdings for steady growth and income. 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.

QQQ traded down $2.55 on Friday, hitting $577.34. The company had a trading volume of 49,393,990 shares, compared to its average volume of 44,038,980. The stock has a fifty day moving average price of $554.13 and a 200-day moving average price of $514.17. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $583.32.

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.

Shares of NVDA stock traded down $1.57 during trading hours on Friday, reaching $180.45. 156,219,545 shares of the company's stock were exchanged, compared to its average volume of 153,661,792. NVIDIA has a 1 year low of $86.62 and a 1 year high of $184.48. The stock has a market cap of $4.40 trillion, a PE ratio of 58.21, a PEG ratio of 1.60 and a beta of 2.14. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. The stock's fifty day moving average price is $163.96 and its two-hundred day moving average price is $135.36.

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.

Shares of TSLA stock traded down $5.02 during trading hours on Friday, reaching $330.56. 74,099,060 shares of the company's stock were exchanged, compared to its average volume of 90,268,784. Tesla has a 1 year low of $202.59 and a 1 year high of $488.54. The stock has a market cap of $1.07 trillion, a PE ratio of 191.08, a PEG ratio of 11.67 and a beta of 2.33. The company has a current ratio of 2.04, a quick ratio of 1.55 and a debt-to-equity ratio of 0.07. The stock's fifty day moving average price is $320.41 and its two-hundred day moving average price is $305.81.

Read Our Latest Research Report on TSLA

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of UNH stock traded up $32.53 during trading hours on Friday, reaching $304.02. 67,934,484 shares of the company's stock were exchanged, compared to its average volume of 19,286,994. The stock's fifty day moving average price is $288.91 and its two-hundred day moving average price is $397.82. The stock has a market cap of $275.34 billion, a PE ratio of 13.17, a PEG ratio of 1.75 and a beta of 0.43. UnitedHealth Group has a 1 year low of $234.60 and a 1 year high of $630.73. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73.

Read Our Latest Research Report on UNH

Microsoft (MSFT)

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.

NASDAQ MSFT traded down $2.31 during trading hours on Friday, reaching $520.17. The stock had a trading volume of 25,185,972 shares, compared to its average volume of 20,739,252. The stock has a fifty day moving average of $502.60 and a 200 day moving average of $441.02. The stock has a market cap of $3.87 trillion, a P/E ratio of 38.14, a price-to-earnings-growth ratio of 2.29 and a beta of 1.06. Microsoft has a 52-week low of $344.79 and a 52-week high of $555.45. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35.

Read Our Latest Research Report on MSFT

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.

NASDAQ:AAPL traded down $1.19 during trading hours on Friday, reaching $231.59. The company had a trading volume of 56,003,275 shares, compared to its average volume of 63,552,584. Apple has a 1-year low of $169.21 and a 1-year high of $260.10. The firm has a market cap of $3.44 trillion, a PE ratio of 35.14, a price-to-earnings-growth ratio of 2.44 and a beta of 1.16. The business's 50 day moving average price is $209.69 and its 200-day moving average price is $213.33. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.87 and a quick ratio of 0.83.

Read Our Latest Research Report on AAPL

Palantir Technologies (PLTR)

Palantir Technologies, Inc. engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.

NASDAQ:PLTR traded down $3.85 during trading hours on Friday, reaching $177.17. The company had a trading volume of 60,159,324 shares, compared to its average volume of 59,720,308. Palantir Technologies has a 1-year low of $29.31 and a 1-year high of $190.00. The firm has a market cap of $418.11 billion, a PE ratio of 590.59, a price-to-earnings-growth ratio of 10.20 and a beta of 2.60. The business's 50 day moving average price is $151.03 and its 200-day moving average price is $119.20.

Read Our Latest Research Report on PLTR

Further Reading

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.

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

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir’s Soaring Valuation—Justified or Overhyped?
3 Stocks With Explosive Upside
September Slowdown: 3 Stocks to Buy When the Pullback Comes

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines