Promising Large Cap Stocks To Follow Now - May 17th

Tesla, NVIDIA, Invesco QQQ, UnitedHealth Group, and Coinbase Global are the five Large Cap stocks to watch today, according to MarketBeat's stock screener tool. Large-cap stocks are shares of companies with a large market capitalization—typically $10 billion or more—reflecting established businesses with substantial revenue and asset bases. They tend to exhibit lower volatility and more predictable earnings than smaller-cap peers. As such, large-caps are often included in major market indexes (e.g., the S&P 500) and are favored by investors seeking stability and steady dividend income. These companies had the highest dollar trading volume of any Large Cap stocks within the last several days.

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 traded up $7.16 during mid-day trading on Friday, reaching $349.98. 93,349,107 shares of the company traded hands, compared to its average volume of 97,010,697. The stock has a market capitalization of $1.13 trillion, a P/E ratio of 171.56, a P/E/G ratio of 5.86 and a beta of 2.43. Tesla has a 52-week low of $167.41 and a 52-week high of $488.54. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The company's fifty day moving average price is $267.35 and its 200-day moving average price is $329.59.

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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.

Shares of NVDA traded up $0.57 during trading hours on Friday, hitting $135.40. The stock had a trading volume of 221,859,039 shares, compared to its average volume of 294,990,946. The firm has a market capitalization of $3.31 trillion, a PE ratio of 53.29, a PEG ratio of 1.76 and a beta of 2.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. NVIDIA has a 12 month low of $86.62 and a 12 month high of $195.95. The stock has a fifty day moving average price of $112.33 and a 200 day moving average price of $127.06.

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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 $2.26 on Friday, hitting $521.51. The stock had a trading volume of 47,717,535 shares, compared to its average volume of 36,808,704. The business's 50-day simple moving average is $470.91 and its two-hundred day simple moving average is $500.01. The stock has a market cap of $326.80 billion, a price-to-earnings ratio of 30.62 and a beta of 1.11. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $540.81.

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UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of UNH traded up $16.89 on Friday, reaching $291.24. The company's stock had a trading volume of 70,463,502 shares, compared to its average volume of 5,862,885. UnitedHealth Group has a 12-month low of $248.88 and a 12-month high of $630.73. The stock has a market capitalization of $264.20 billion, a P/E ratio of 18.79, a PEG ratio of 1.37 and a beta of 0.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91. The stock's 50 day simple moving average is $470.82 and its two-hundred day simple moving average is $513.95.

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Coinbase Global (COIN)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

Shares of Coinbase Global stock traded up $22.02 on Friday, hitting $266.46. 72,432,540 shares of the company's stock were exchanged, compared to its average volume of 10,164,986. Coinbase Global has a 1 year low of $142.58 and a 1 year high of $349.75. The company has a 50-day simple moving average of $191.65 and a 200-day simple moving average of $244.07. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.28 and a current ratio of 2.28. The stock has a market capitalization of $67.65 billion, a PE ratio of 28.05 and a beta of 3.62.

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