Large Cap Stocks To Watch Now - November 10th

Key Points

• MarketBeat’s high-dollar-volume screener identified NVIDIA, AMD, Invesco QQQ, Micron Technology, and Sandisk as large-cap stocks to watch.
• Trading was mixed on Tuesday: AMD rose to $516.22, while NVIDIA, QQQ, Micron, and Sandisk fell; Micron dropped to $713.46 and Sandisk to $851.10.
• Sandisk has announced an 8-for-1 stock split, with shares scheduled to split November 20 and the new shares distributed after the market close on November 19.

NVIDIA, Advanced Micro Devices, Invesco QQQ, Micron Technology, and Sandisk 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 source and market. Investors often view these companies as more established and potentially more stable than smaller firms, but their stock prices can still rise or fall significantly. 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 $11.84 during trading on Tuesday, hitting $166.84. The stock had a trading volume of 323,203,547 shares, compared to its average volume of 151,497,875. NVIDIA has a 12 month low of $164.27 and a 12 month high of $243.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The company has a market capitalization of $4.02 trillion, a PE ratio of 21.15, a PEG ratio of 1.54 and a beta of 2.21. The firm has a fifty day moving average of $219.03 and a two-hundred day moving average of $204.50.

Read Our Latest Research Report on NVDA

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.

Shares of AMD traded up $7.64 during trading hours on Tuesday, reaching $516.22. 37,617,469 shares of the stock traded hands, compared to its average volume of 32,157,846. The company has a current ratio of 2.72, a quick ratio of 1.91 and a debt-to-equity ratio of 0.10. The stock has a fifty day simple moving average of $547.67 and a 200 day simple moving average of $416.28. Advanced Micro Devices has a 52 week low of $188.22 and a 52 week high of $658.52. The company has a market cap of $842.71 billion, a price-to-earnings ratio of 112.14, a PEG ratio of 5.01 and a beta of 2.49.

Read Our Latest Research Report on AMD

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 stock traded down $6.85 during trading on Tuesday, reaching $672.50. The stock had a trading volume of 27,586,145 shares, compared to its average volume of 48,184,117. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86. The company's 50 day moving average is $720.23 and its two-hundred day moving average is $680.65.

Read Our Latest Research Report on QQQ

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.

Shares of Micron Technology stock traded down $19.69 during mid-day trading on Tuesday, hitting $713.46. 20,892,544 shares of the stock were exchanged, compared to its average volume of 40,282,688. Micron Technology has a 12 month low of $192.59 and a 12 month high of $1,255.00. The company has a 50-day simple moving average of $957.60 and a 200 day simple moving average of $756.71. The company has a market capitalization of $807.22 billion, a P/E ratio of 9.62, a P/E/G ratio of 0.14 and a beta of 2.36. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31.

Read Our Latest Research Report on MU

Sandisk (SNDK)

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components.

Shares of SNDK stock traded down $35.41 during trading on Tuesday, hitting $851.10. The company's stock had a trading volume of 10,601,635 shares, compared to its average volume of 14,794,670. The company has a market cap of $121.10 billion, a PE ratio of 6.82, a P/E/G ratio of 0.08 and a beta of 5.66. The business has a fifty day moving average of $1,492.47 and a 200-day moving average of $1,266.90. Sandisk has a 52 week low of $183.00 and a 52 week high of $2,354.39.

Sandisk's stock is scheduled to split on Friday, November 20th. The 8-1 split was announced on Thursday, October 29th. The newly minted shares will be distributed to shareholders after the market closes on Thursday, November 19th.

Read Our Latest Research Report on SNDK

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.