QUALCOMM, Super Micro Computer, Cisco Systems, Jabil, and Cadence Design Systems are the five 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are equity shares of companies involved in the development, manufacturing, deployment or service provision of fifth-generation mobile network technology. This includes firms that build network infrastructure (like base stations and antennas), produce semiconductor components or design 5G-enabled devices. Investors look to 5G stocks for exposure to the expected growth in high-speed, low-latency connectivity and the industries it will transform. These companies had the highest dollar trading volume of any 5G stocks within the last several days.
QUALCOMM (QCOM)
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.
Shares of QCOM traded up $0.35 during mid-day trading on Friday, hitting $158.54. The stock had a trading volume of 22,085,291 shares, compared to its average volume of 8,521,493. The company has a market cap of $174.08 billion, a PE ratio of 16.14, a PEG ratio of 2.05 and a beta of 1.26. The company's fifty day simple moving average is $149.44 and its two-hundred day simple moving average is $154.80. The company has a quick ratio of 2.08, a current ratio of 2.73 and a debt-to-equity ratio of 0.48. QUALCOMM has a fifty-two week low of $120.80 and a fifty-two week high of $211.09.
Read Our Latest Research Report on QCOM
Super Micro Computer (SMCI)
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.
Shares of SMCI traded down $1.69 during mid-day trading on Friday, hitting $47.58. The stock had a trading volume of 53,677,127 shares, compared to its average volume of 69,605,084. The company has a market cap of $28.40 billion, a PE ratio of 25.03 and a beta of 1.40. The company's fifty day simple moving average is $39.89 and its two-hundred day simple moving average is $37.55. The company has a quick ratio of 3.95, a current ratio of 6.66 and a debt-to-equity ratio of 0.38. Super Micro Computer has a fifty-two week low of $17.25 and a fifty-two week high of $96.33.
Read Our Latest Research Report on SMCI
Cisco Systems (CSCO)
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.
Shares of CSCO traded down $0.30 during mid-day trading on Friday, hitting $68.65. The stock had a trading volume of 26,213,514 shares, compared to its average volume of 20,235,237. The company has a market cap of $271.85 billion, a PE ratio of 28.02, a PEG ratio of 4.10 and a beta of 0.88. The company's fifty day simple moving average is $62.57 and its two-hundred day simple moving average is $61.10. The company has a quick ratio of 0.87, a current ratio of 0.95 and a debt-to-equity ratio of 0.50. Cisco Systems has a fifty-two week low of $44.50 and a fifty-two week high of $69.22.
Read Our Latest Research Report on CSCO
Jabil (JBL)
Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).
Shares of NYSE JBL traded up $2.01 during mid-day trading on Friday, hitting $217.32. The company had a trading volume of 3,319,519 shares, compared to its average volume of 1,416,201. The stock has a market cap of $23.33 billion, a price-to-earnings ratio of 42.20, a PEG ratio of 1.52 and a beta of 1.14. Jabil has a 12 month low of $95.85 and a 12 month high of $218.34. The company has a debt-to-equity ratio of 1.85, a current ratio of 0.98 and a quick ratio of 0.64. The firm's 50 day simple moving average is $170.08 and its two-hundred day simple moving average is $155.82.
Read Our Latest Research Report on JBL
Cadence Design Systems (CDNS)
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.
Shares of NASDAQ CDNS traded up $1.51 during mid-day trading on Friday, hitting $305.20. The company had a trading volume of 2,331,038 shares, compared to its average volume of 2,023,395. The stock has a market cap of $83.33 billion, a price-to-earnings ratio of 77.27, a PEG ratio of 4.23 and a beta of 0.98. Cadence Design Systems has a 12 month low of $221.56 and a 12 month high of $326.19. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.07 and a quick ratio of 2.90. The firm's 50 day simple moving average is $300.72 and its two-hundred day simple moving average is $286.50.
Read Our Latest Research Report on CDNS
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