Best Large Cap Stocks Worth Watching - November 9th

Key Points

• MarketBeat’s high-trading-volume watchlist includes NVIDIA, Invesco QQQ, AMD, Micron Technology, and SpaceX.
• Monday’s trading was mixed: NVIDIA fell $9.53 to $177.11, while QQQ, AMD, Micron, and SpaceX rose by $22.95, $60.19, $39.66, and $7.13, respectively.
• The stocks show notably different valuation and risk profiles: AMD’s P/E ratio was 110.46 and SpaceX’s was 544.46, while Micron’s was 9.81; their betas were all above 1.

NVIDIA, Invesco QQQ, Advanced Micro Devices, Micron Technology, and SpaceX are the five Large Cap stocks to watch today, according to MarketBeat's stock screener tool. Large-cap stocks are shares of companies with large market values, typically around $10 billion or more, though the cutoff varies by market and index. Investors often view these companies as more established and potentially less volatile than smaller firms, but large-cap stocks can still lose value and may offer less rapid growth. 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.

Shares of NASDAQ NVDA traded down $9.53 during mid-day trading on Monday, reaching $177.11. The company had a trading volume of 352,174,975 shares, compared to its average volume of 150,201,109. The stock has a fifty day moving average of $219.80 and a two-hundred day moving average of $204.53. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The company has a market capitalization of $4.27 trillion, a price-to-earnings ratio of 22.33, a PEG ratio of 1.43 and a beta of 2.21. NVIDIA has a 12-month low of $164.27 and a 12-month high of $243.37.

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.

Shares of NASDAQ:QQQ traded up $22.95 during trading on Monday, reaching $679.05. 33,663,078 shares of the company traded hands, compared to its average volume of 48,174,813. The firm has a fifty day simple moving average of $720.97 and a 200 day simple moving average of $680.33. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $762.86. The firm has a market cap of $461.38 billion, a P/E ratio of 25.83 and a beta of 1.24.

Read Our Latest Research Report on QQQ

Advanced Micro Devices (AMD)

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.

NASDAQ:AMD traded up $60.19 during mid-day trading on Monday, reaching $509.23. The stock had a trading volume of 35,075,891 shares, compared to its average volume of 32,055,619. The stock has a market cap of $835.18 billion, a P/E ratio of 110.46, a PEG ratio of 4.54 and a beta of 2.49. The business's 50 day moving average is $546.81 and its 200 day moving average is $414.98. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.72 and a quick ratio of 1.93. Advanced Micro Devices has a fifty-two week low of $188.22 and a fifty-two week high of $658.52.

Read Our Latest Research Report on AMD

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

MU stock traded up $39.66 during trading hours on Monday, hitting $729.65. The company's stock had a trading volume of 21,358,090 shares, compared to its average volume of 40,321,848. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $825.55 billion, a PE ratio of 9.81, a price-to-earnings-growth ratio of 0.12 and a beta of 2.36. Micron Technology has a 12 month low of $192.59 and a 12 month high of $1,255.00. The stock has a 50 day moving average price of $961.59 and a two-hundred day moving average price of $754.99.

Read Our Latest Research Report on MU

SpaceX (SPCX)

Our mission is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars. To do this, we have formed the most ambitious, vertically integrated innovation engine on (and off) Earth with unmatched capabilities to rapidly manufacture and launch space-based communications that connect the world, to harness the Sun to power a truth-seeking artificial intelligence that advances scientific discovery, and ultimately to build a base on the Moon and cities on other planets.

Shares of SpaceX stock traded up $7.13 during midday trading on Monday, reaching $141.41. 76,335,350 shares of the company's stock traded hands, compared to its average volume of 103,538,414. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.00 and a current ratio of 3.08. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64. The firm has a 50 day moving average of $149.18. The stock has a market capitalization of $1.92 trillion and a P/E ratio of 544.46.

Read Our Latest Research Report on SPCX

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