Promising Large Cap Stocks To Add to Your Watchlist - July 9th

NVIDIA, Invesco QQQ, and Tesla are the three Large Cap stocks to watch today, according to MarketBeat's stock screener tool. Large-cap stocks are shares of publicly traded companies with a market capitalization generally exceeding $10 billion. These firms tend to be well-established, financially stable industry leaders, offering lower volatility than smaller companies. Investors often use them as core holdings for steady growth and income. 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.

NASDAQ:NVDA traded up $2.88 during trading hours on Wednesday, hitting $162.88. 144,984,722 shares of the company were exchanged, compared to its average volume of 266,990,377. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. NVIDIA has a 52-week low of $86.62 and a 52-week high of $164.34. The company's 50 day moving average price is $138.39 and its 200-day moving average price is $128.20. The stock has a market capitalization of $3.97 trillion, a price-to-earnings ratio of 52.54, a PEG ratio of 1.40 and a beta of 2.13.

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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.

NASDAQ:QQQ traded up $3.45 during trading hours on Wednesday, reaching $555.79. 35,299,768 shares of the company were exchanged, compared to its average volume of 39,344,431. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $557.57. The stock's 50-day moving average is $522.66 and its 200-day moving average is $505.17.

Read Our Latest Research Report on QQQ

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

TSLA stock traded down $0.89 during mid-day trading on Wednesday, hitting $296.92. 62,843,506 shares of the company were exchanged, compared to its average volume of 100,696,323. The firm has a market capitalization of $956.38 billion, a P/E ratio of 163.14, a PEG ratio of 8.57 and a beta of 2.39. Tesla has a 12-month low of $182.00 and a 12-month high of $488.54. The company has a quick ratio of 1.54, a current ratio of 2.00 and a debt-to-equity ratio of 0.07. The business has a fifty day simple moving average of $321.21 and a 200-day simple moving average of $323.29.

Read Our Latest Research Report on TSLA