Promising Technology Stocks To Add to Your Watchlist - July 2nd

NVIDIA, Apple, Palantir Technologies, Microsoft, Meta Platforms, Advanced Micro Devices, and Alphabet are the seven Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of companies whose primary business involves developing, manufacturing or distributing technology-based products and services—such as software, hardware, semiconductors, internet platforms and related services. Investors often view these companies as growth opportunities because they tend to reinvest earnings into research and development and can benefit from rapid innovation cycles. As a result, technology stocks may exhibit higher volatility but also the potential for outsized long-term returns. These companies had the highest dollar trading volume of any Technology 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.

NVIDIA stock traded up $3.73 during mid-day trading on Wednesday, reaching $157.03. The company had a trading volume of 114,071,562 shares, compared to its average volume of 268,009,905. NVIDIA has a 1 year low of $86.62 and a 1 year high of $158.71. 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 company has a market capitalization of $3.83 trillion, a P/E ratio of 50.63, a P/E/G ratio of 1.40 and a beta of 2.13. The stock's 50-day simple moving average is $133.27 and its 200-day simple moving average is $127.24.

Read Our Latest Research Report on NVDA

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

Apple stock traded up $3.64 during mid-day trading on Wednesday, reaching $211.46. The company had a trading volume of 45,737,142 shares, compared to its average volume of 53,561,519. Apple has a 1 year low of $169.21 and a 1 year high of $260.10. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.82 and a quick ratio of 0.78. The company has a market capitalization of $3.16 trillion, a P/E ratio of 32.92, a P/E/G ratio of 2.29 and a beta of 1.20. The stock's 50-day simple moving average is $203.01 and its 200-day simple moving average is $219.45.

Read Our Latest Research Report on AAPL

Palantir Technologies (PLTR)

Palantir Technologies, Inc. engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.

Palantir Technologies stock traded up $1.77 during mid-day trading on Wednesday, reaching $132.45. The company had a trading volume of 41,593,921 shares, compared to its average volume of 98,737,555. Palantir Technologies has a 1 year low of $21.23 and a 1 year high of $148.21. The company has a market capitalization of $312.57 billion, a P/E ratio of 576.34, a P/E/G ratio of 11.64 and a beta of 2.60. The stock's 50-day simple moving average is $126.89 and its 200-day simple moving average is $100.44.

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Microsoft (MSFT)

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.

Shares of NASDAQ MSFT traded down $1.82 on Wednesday, hitting $490.23. The company's stock had a trading volume of 9,053,242 shares, compared to its average volume of 21,617,218. Microsoft has a 12-month low of $344.79 and a 12-month high of $500.76. The company has a market capitalization of $3.64 trillion, a price-to-earnings ratio of 37.89, a price-to-earnings-growth ratio of 2.52 and a beta of 1.04. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The stock has a 50 day moving average of $454.74 and a 200-day moving average of $422.57.

Read Our Latest Research Report on MSFT

Meta Platforms (META)

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

Shares of NASDAQ META traded down $2.99 on Wednesday, hitting $716.23. The company's stock had a trading volume of 5,261,202 shares, compared to its average volume of 14,519,185. Meta Platforms has a 12-month low of $442.65 and a 12-month high of $747.90. The company has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 27.94, a price-to-earnings-growth ratio of 1.81 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.66 and a quick ratio of 2.66. The stock has a 50 day moving average of $647.96 and a 200-day moving average of $627.91.

Read Our Latest Research Report on META

Advanced Micro Devices (AMD)

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.

Shares of NASDAQ AMD traded up $2.67 on Wednesday, hitting $138.78. The company's stock had a trading volume of 26,836,254 shares, compared to its average volume of 42,144,603. Advanced Micro Devices has a 12-month low of $76.48 and a 12-month high of $187.28. The company has a market capitalization of $225.01 billion, a price-to-earnings ratio of 101.99, a price-to-earnings-growth ratio of 1.83 and a beta of 2.05. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.80 and a quick ratio of 1.97. The stock has a 50 day moving average of $115.18 and a 200-day moving average of $111.22.

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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.

Shares of NASDAQ GOOGL traded up $2.64 on Wednesday, hitting $178.48. The company's stock had a trading volume of 17,459,293 shares, compared to its average volume of 31,401,307. Alphabet has a 12-month low of $140.53 and a 12-month high of $207.05. The company has a market capitalization of $2.17 trillion, a price-to-earnings ratio of 19.90, a price-to-earnings-growth ratio of 1.24 and a beta of 1.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.77 and a quick ratio of 1.77. The stock has a 50 day moving average of $167.50 and a 200-day moving average of $174.17.

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