Promising 5G Stocks To Research - August 15th

Key Points

• MarketBeat's stock screener identifies Cisco Systems, Super Micro Computer, QUALCOMM, Fortinet, and Cadence Design Systems as the top five 5G stocks based on recent trading volume.
• Cisco Systems has a market cap of $263.19 billion and recently traded down to $66.46, with a 52-week trading range of $47.85 to $72.55.
• QUALCOMM shares reached $156.94 with a market cap of $169.34 billion, demonstrating its role in developing technologies for 3G/4G/5G wireless communications.

Cisco Systems, Super Micro Computer, QUALCOMM, Fortinet, and Cadence Design Systems are the five 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of publicly traded companies involved in the rollout and commercialization of fifth-generation mobile networks. They include telecom carriers, network-equipment and chipset manufacturers, tower operators and related infrastructure firms. Investors buy 5G stocks to capture potential growth as faster, lower-latency connectivity spreads across consumer and industrial applications. These companies had the highest dollar trading volume of any 5G stocks within the last several days.

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 NASDAQ:CSCO traded down $2.84 during trading on Friday, hitting $66.46. 15,016,405 shares of the company's stock traded hands, compared to its average volume of 21,477,906. Cisco Systems has a 52 week low of $47.85 and a 52 week high of $72.55. The company has a current ratio of 0.95, a quick ratio of 0.87 and a debt-to-equity ratio of 0.50. The company has a market cap of $263.19 billion, a price-to-earnings ratio of 25.44, a price-to-earnings-growth ratio of 3.90 and a beta of 0.91. The company has a 50-day moving average price of $67.98 and a 200-day moving average price of $63.28.

Read Our Latest Research Report on CSCO

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 Super Micro Computer stock traded down $0.96 on Friday, reaching $44.53. 13,044,017 shares of the company were exchanged, compared to its average volume of 56,118,238. Super Micro Computer has a one year low of $17.25 and a one year high of $66.44. The company has a market capitalization of $26.58 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 1.15 and a beta of 1.46. The company has a current ratio of 5.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.74. The company has a 50-day moving average of $48.88 and a 200 day moving average of $41.89.

Read Our Latest Research Report on SMCI

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 stock traded down $1.15 during trading on Friday, reaching $156.94. 2,910,194 shares of the company's stock were exchanged, compared to its average volume of 8,427,949. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $169.34 billion, a PE ratio of 15.15, a PEG ratio of 2.28 and a beta of 1.23. QUALCOMM has a twelve month low of $120.80 and a twelve month high of $182.10. The firm's fifty day moving average price is $155.56 and its 200-day moving average price is $153.82.

Read Our Latest Research Report on QCOM

Fortinet (FTNT)

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.

NASDAQ FTNT traded up $1.86 on Friday, reaching $79.11. The stock had a trading volume of 2,945,354 shares, compared to its average volume of 5,346,593. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.33 and a quick ratio of 1.24. The firm has a fifty day moving average of $99.74 and a two-hundred day moving average of $101.05. Fortinet has a 1-year low of $70.12 and a 1-year high of $114.82. The company has a market cap of $60.62 billion, a P/E ratio of 31.55, a price-to-earnings-growth ratio of 3.01 and a beta of 1.07.

Read Our Latest Research Report on FTNT

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 CDNS traded up $0.07 during trading hours on Friday, hitting $348.99. 507,261 shares of the company were exchanged, compared to its average volume of 2,047,998. The company has a quick ratio of 2.67, a current ratio of 2.82 and a debt-to-equity ratio of 0.49. Cadence Design Systems has a fifty-two week low of $221.56 and a fifty-two week high of $376.45. The company has a market cap of $95.10 billion, a price-to-earnings ratio of 94.64, a P/E/G ratio of 4.58 and a beta of 0.97. The firm's fifty day moving average is $323.83 and its 200 day moving average is $293.66.

Read Our Latest Research Report on CDNS

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