Top Technology Stocks Worth Watching - November 15th

Key Points

• MarketBeat’s high-volume technology stocks to watch are NVIDIA, AMD, Micron, Apple, Microsoft, Broadcom and SanDisk.
• Friday trading was mixed: Apple and Microsoft edged higher, while the other five stocks declined. SanDisk fell $52.45 to $885.01, and NVIDIA dropped $3.34 to $162.85.
• SanDisk announced an 8-for-1 stock split, with shares scheduled to split before the market opens November 20; the new shares are payable after the market closes November 19.

NVIDIA, Advanced Micro Devices, Micron Technology, Apple, Microsoft, Broadcom, and Sandisk are the seven Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of companies whose primary businesses involve developing or providing technology, such as software, semiconductors, computers, or internet services. Investors often group them in the technology sector, where companies may offer strong growth potential but can also be sensitive to competition, innovation, and changing market expectations. These companies had the highest dollar trading volume of any Technology 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.

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

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 NASDAQ AMD traded down $51.24 during trading hours on Friday, reaching $534.06. 49,061,909 shares of the stock traded hands, compared to its average volume of 33,352,236. The company's 50-day simple moving average is $554.55 and its two-hundred day simple moving average is $422.13. The company 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. Advanced Micro Devices has a 52-week low of $188.22 and a 52-week high of $658.52. The company has a quick ratio of 1.93, a current ratio of 2.72 and a debt-to-equity ratio of 0.10.

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 traded down $20.13 during midday trading on Friday, hitting $778.31. The stock had a trading volume of 27,749,501 shares, compared to its average volume of 30,791,856. Micron Technology has a 1 year low of $192.59 and a 1 year high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. The business has a fifty day moving average of $943.73 and a 200 day moving average of $764.29. The company has a market cap of $880.60 billion, a P/E ratio of 10.49, a price-to-earnings-growth ratio of 0.14 and a beta of 2.36.

Read Our Latest Research Report on MU

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.

Shares of AAPL stock traded up $1.39 during trading hours on Friday, hitting $356.27. 39,967,159 shares of the company's stock were exchanged, compared to its average volume of 48,203,272. The company has a market capitalization of $5.18 trillion, a PE ratio of 39.72, a PEG ratio of 3.41 and a beta of 1.07. The company has a current ratio of 1.02, a quick ratio of 0.94 and a debt-to-equity ratio of 0.61. Apple has a 12-month low of $243.42 and a 12-month high of $360.83. The business's 50 day simple moving average is $339.04 and its 200-day simple moving average is $301.05.

Read Our Latest Research Report on AAPL

Microsoft (MSFT)

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.

Shares of Microsoft stock traded up $0.88 during trading on Friday, reaching $523.88. The company's stock had a trading volume of 26,130,357 shares, compared to its average volume of 26,173,096. The company has a quick ratio of 1.21, a current ratio of 1.22 and a debt-to-equity ratio of 0.07. Microsoft has a 52-week low of $349.20 and a 52-week high of $559.15. The firm's 50-day moving average is $519.00 and its two-hundred day moving average is $441.85. The company has a market cap of $3.89 trillion, a price-to-earnings ratio of 27.34, a PEG ratio of 1.54 and a beta of 1.05.

Read Our Latest Research Report on MSFT

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

NASDAQ:AVGO traded down $17.35 during trading hours on Friday, reaching $347.01. The company's stock had a trading volume of 31,579,948 shares, compared to its average volume of 26,761,208. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.29 and a current ratio of 2.50. The firm has a market capitalization of $1.66 trillion, a price-to-earnings ratio of 44.32 and a beta of 1.49. The firm has a 50-day simple moving average of $345.39 and a 200-day simple moving average of $366.55. Broadcom has a 1 year low of $289.77 and a 1 year high of $495.00.

Read Our Latest Research Report on AVGO

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 traded down $52.45 during trading hours on Friday, hitting $885.01. The company had a trading volume of 12,157,223 shares, compared to its average volume of 11,747,802. Sandisk has a 52-week low of $183.00 and a 52-week high of $2,354.39. The stock's 50 day moving average price is $1,441.43 and its 200 day moving average price is $1,275.55. The firm has a market cap of $125.93 billion, a P/E ratio of 7.09, a P/E/G ratio of 0.07 and a beta of 5.66.

Sandisk shares are set to split before the market opens on Friday, November 20th. The 8-1 split was announced on Thursday, October 29th. The newly minted shares will be payable to shareholders after the closing bell on Thursday, November 19th.

Read Our Latest Research Report on SNDK

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