Large Cap Stocks To Watch Now - November 3rd

Key Points

• Invesco QQQ, Apple, and Micron Technology were identified as the large-cap stocks with the highest recent dollar trading volume.
• QQQ rose to $684.33, tracking the Nasdaq-100, but remained below its 50-day moving average of $724.35.
• Apple fell to $329.90, while Micron surged to $847.28; both stocks remain within their respective 52-week ranges, with Micron showing notably higher volatility.

Invesco QQQ, Apple, and Micron Technology are the three Large Cap stocks to watch today, according to MarketBeat's stock screener tool. Large-cap stocks are shares of companies with very large market capitalizations, typically valued at $10 billion or more, though the threshold can vary by market and index provider. Investors often view these companies as relatively established and financially stable, with potentially lower growth and volatility than smaller companies. 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.

Shares of Invesco QQQ stock traded up $3.24 on Tuesday, reaching $684.33. 23,015,271 shares of the stock were exchanged, compared to its average volume of 47,608,492. The firm's 50 day moving average is $724.35 and its 200-day moving average is $679.29. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86.

Read Our Latest Research Report on QQQ

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 $8.42 during mid-day trading on Tuesday, reaching $329.90. The stock had a trading volume of 40,149,039 shares, compared to its average volume of 48,349,461. Apple has a 12 month low of $243.42 and a 12 month high of $351.73. The stock has a market capitalization of $4.81 trillion, a PE ratio of 37.88, a P/E/G ratio of 2.72 and a beta of 1.07. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The stock has a 50-day simple moving average of $333.62 and a two-hundred day simple moving average of $296.77.

Read Our Latest Research Report on AAPL

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 MU traded up $13.69 during midday trading on Tuesday, hitting $847.28. The company's stock had a trading volume of 14,888,049 shares, compared to its average volume of 40,203,797. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. Micron Technology has a one year low of $192.59 and a one year high of $1,255.00. The stock has a market capitalization of $958.63 billion, a price-to-earnings ratio of 11.41, a price-to-earnings-growth ratio of 0.17 and a beta of 2.22. The company's fifty day simple moving average is $976.02 and its two-hundred day simple moving average is $747.00.

Read Our Latest Research Report on MU

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