Large Cap Stocks To Watch Now - November 4th

Key Points

• Invesco QQQ, Apple, and Micron Technology were highlighted as large-cap stocks with especially high dollar trading volume in recent days.
• QQQ rose $7.18 to $692.46, while Apple gained $20.22 to $352.12; Apple’s trading volume exceeded its recent average.
• Micron fell $56.42 to $798.68. Its share price was below its 50-day moving average of $974.91, after trading in a 52-week range of $192.59 to $1,255.00.

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. Investors often view these companies as relatively established and 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.

NASDAQ QQQ traded up $7.18 on Wednesday, hitting $692.46. The company had a trading volume of 46,806,132 shares, compared to its average volume of 47,674,145. The company's fifty day moving average price is $723.93 and its 200-day moving average price is $679.61. Invesco QQQ has a 12-month low of $555.60 and a 12-month 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.

Apple stock traded up $20.22 during midday trading on Wednesday, reaching $352.12. The company had a trading volume of 57,577,333 shares, compared to its average volume of 48,495,484. The company has a market capitalization of $5.14 trillion, a P/E ratio of 39.31, a P/E/G ratio of 2.82 and a beta of 1.07. Apple has a 12-month low of $243.42 and a 12-month high of $354.50. The firm's fifty day simple moving average is $334.05 and its 200-day simple moving average is $297.13. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93.

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.

NASDAQ:MU traded down $56.42 during trading hours on Wednesday, hitting $798.68. 25,279,446 shares of the stock were exchanged, compared to its average volume of 40,161,445. Micron Technology has a 52-week low of $192.59 and a 52-week high of $1,255.00. The firm's fifty day moving average price is $974.91 and its 200 day moving average price is $749.61. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The company has a market cap of $903.64 billion, a P/E ratio of 10.78, a P/E/G ratio of 0.14 and a beta of 2.36.

Read Our Latest Research Report on MU

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