Promising Large Cap Stocks To Add to Your Watchlist - November 15th

Key Points

• NVIDIA, Invesco QQQ, and Advanced Micro Devices were identified by MarketBeat’s screener as large-cap stocks with especially high recent dollar trading volume.
• All three traded lower Friday: NVIDIA fell to $162.85, QQQ to $679.89, and AMD to $534.06.
• The companies span AI and computing chips (NVIDIA and AMD) and an investment trust tracking the Nasdaq-100 (QQQ); AMD’s reported P/E was 116.10, compared with NVIDIA’s 20.59.

NVIDIA, Invesco QQQ, and Advanced Micro Devices are the three Large Cap stocks to watch today, according to MarketBeat's stock screener tool. Large-cap stocks are shares of companies with large market capitalizations—the total value of their outstanding shares—often defined in the U.S. as roughly $10 billion or more, though cutoffs vary. They typically represent well-established businesses and may offer greater stability than smaller companies, but they are not risk-free and can still lose value. 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.

NVDA stock traded down $3.34 during midday trading on Friday, reaching $162.85. The company's stock had a trading volume of 363,372,273 shares, compared to its average volume of 196,617,360. The business's 50-day simple moving average is $214.64 and its 200-day simple moving average is $204.12. The stock has a market cap of $3.92 trillion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 1.28 and a beta of 2.21. NVIDIA has a 52 week low of $148.80 and a 52 week high of $243.37. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

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 QQQ stock traded down $8.28 during trading hours on Friday, hitting $679.89. 41,699,213 shares of the company were exchanged, compared to its average volume of 50,589,784. The business has a 50 day moving average of $717.86 and a two-hundred day moving average of $681.81. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $762.86.

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.

Advanced Micro Devices stock traded down $51.24 during midday trading on Friday, reaching $534.06. The stock had a trading volume of 49,061,909 shares, compared to its average volume of 33,352,236. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.93 and a current ratio of 2.72. Advanced Micro Devices has a 1-year low of $188.22 and a 1-year high of $658.52. The firm's fifty day simple moving average is $554.55 and its 200-day simple moving average is $422.13. The stock has a market capitalization of $875.90 billion, a P/E ratio of 116.10, a price-to-earnings-growth ratio of 5.63 and a beta of 2.49.

Read Our Latest Research Report on AMD

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