Promising Infrastructure Stocks To Follow Today - August 17th

Key Points

• NVIDIA, Alphabet, Broadcom, Oracle, and Cisco Systems are identified as key infrastructure stocks to watch, as they experienced the highest dollar trading volume recently and provide essential services underpinning economic activities.
• The infrastructure sector benefits from long-term contracts and inflation-adjusted revenues, making these stocks relatively stable investments that can serve as a hedge against rising prices.
• NVIDIA's stock is currently trading at $180.45 with a market cap of $4.40 trillion, while Alphabet's market cap is noted at $2.47 trillion and they recently traded at $203.90.

NVIDIA, Alphabet, Broadcom, Oracle, and Cisco Systems are the five Infrastructure stocks to watch today, according to MarketBeat's stock screener tool. Infrastructure stocks are shares of companies that build, operate or maintain the essential physical assets and networks—such as roads, bridges, power and water utilities, and telecommunications systems—that underpin economic activity. These firms often benefit from long-term contracts or regulated pricing, generating relatively stable cash flows and dividends. Because their revenues and asset values tend to adjust with inflation, infrastructure stocks can also serve as a hedge against rising prices. These companies had the highest dollar trading volume of any Infrastructure 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 $1.57 during trading hours on Friday, reaching $180.45. 156,219,545 shares of the company were exchanged, compared to its average volume of 153,661,792. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. The firm has a market cap of $4.40 trillion, a price-to-earnings ratio of 58.21, a PEG ratio of 1.59 and a beta of 2.14. NVIDIA has a 52-week low of $86.62 and a 52-week high of $184.48. The stock has a 50 day simple moving average of $163.96 and a 200 day simple moving average of $135.45.

Read Our Latest Research Report on NVDA

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

NASDAQ:GOOGL traded up $0.96 during trading hours on Friday, reaching $203.90. 34,909,706 shares of the company were exchanged, compared to its average volume of 37,799,464. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market cap of $2.47 trillion, a price-to-earnings ratio of 21.71, a PEG ratio of 1.37 and a beta of 1.01. Alphabet has a 52-week low of $140.53 and a 52-week high of $207.05. The stock has a 50 day simple moving average of $184.25 and a 200 day simple moving average of $173.20.

Read Our Latest Research Report on GOOGL

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 $4.89 during trading hours on Friday, reaching $306.34. 22,795,520 shares of the company were exchanged, compared to its average volume of 17,011,082. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.08 and a quick ratio of 0.98. The firm has a market cap of $1.44 trillion, a price-to-earnings ratio of 114.73, a PEG ratio of 2.18 and a beta of 1.15. Broadcom has a 52-week low of $134.90 and a 52-week high of $317.35. The stock has a 50 day simple moving average of $278.27 and a 200 day simple moving average of $229.79.

Read Our Latest Research Report on AVGO

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

NYSE:ORCL traded up $3.52 during trading hours on Friday, reaching $248.48. 11,535,891 shares of the company were exchanged, compared to its average volume of 9,821,110. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market cap of $697.94 billion, a price-to-earnings ratio of 57.25, a PEG ratio of 3.71 and a beta of 1.43. Oracle has a 52-week low of $118.86 and a 52-week high of $260.87. The stock has a 50 day simple moving average of $230.54 and a 200 day simple moving average of $180.52.

Read Our Latest Research Report on ORCL

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 stock traded down $3.10 during mid-day trading on Friday, reaching $66.20. The company's stock had a trading volume of 40,854,477 shares, compared to its average volume of 20,656,640. The company's 50 day simple moving average is $67.98 and its 200-day simple moving average is $63.36. Cisco Systems has a 12-month low of $47.85 and a 12-month high of $72.55. The company has a quick ratio of 0.87, a current ratio of 1.01 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $262.15 billion, a PE ratio of 25.27, a price-to-earnings-growth ratio of 3.67 and a beta of 0.91.

Read Our Latest Research Report on CSCO

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.