Promising Technology Stocks To Add to Your Watchlist - July 30th

Key Points

• The article highlights five key technology stocks to watch: NVIDIA, Advanced Micro Devices, Meta Platforms, Palo Alto Networks, and Microsoft, all showing significant trading volumes recently.
• NVIDIA shares hit $179.50 with a trading volume of nearly 96 million, while Advanced Micro Devices reached $179.82, indicating active investor interest.
Meta Platforms' stock traded at $699.60, reflecting a market cap of $1.76 trillion, while Palo Alto Networks and Microsoft demonstrated similar strong valuations and tech sector presence.

NVIDIA, Advanced Micro Devices, Meta Platforms, Palo Alto Networks, and Microsoft are the five Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of companies whose primary business involves the development, manufacturing or distribution of technological goods and services—such as software, hardware, semiconductors and internet platforms. Because these firms often tap into rapid innovation and evolving consumer demand, their stock prices can offer high growth potential but also tend to be more volatile and sensitive to industry trends and regulatory changes. 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.

Shares of NVDA stock traded up $3.99 on Wednesday, reaching $179.50. The company had a trading volume of 95,738,201 shares, compared to its average volume of 248,743,609. The company has a 50-day moving average of $152.60 and a 200-day moving average of $131.39. NVIDIA has a 12 month low of $86.62 and a 12 month high of $179.68. The stock has a market cap of $4.38 trillion, a PE ratio of 57.90, a PEG ratio of 1.56 and a beta of 2.13. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10.

Read Our Latest Research Report on NVDA

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.

Advanced Micro Devices stock traded up $2.38 during mid-day trading on Wednesday, hitting $179.82. 43,390,781 shares of the company's stock traded hands, compared to its average volume of 44,147,156. 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 market cap of $291.55 billion, a price-to-earnings ratio of 132.22, a P/E/G ratio of 2.30 and a beta of 2.05. Advanced Micro Devices has a fifty-two week low of $76.48 and a fifty-two week high of $182.31. The firm has a 50 day simple moving average of $134.69 and a two-hundred day simple moving average of $115.25.

Read Our Latest Research Report on AMD

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.

NASDAQ META traded down $0.41 during trading on Wednesday, hitting $699.60. 9,205,178 shares of the company's stock were exchanged, compared to its average volume of 15,346,021. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.76 trillion, a PE ratio of 27.29, a P/E/G ratio of 1.72 and a beta of 1.28. Meta Platforms has a fifty-two week low of $450.80 and a fifty-two week high of $747.90. The stock's 50 day moving average price is $695.28 and its two-hundred day moving average price is $643.11.

Read Our Latest Research Report on META

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

NASDAQ PANW traded down $9.29 during trading on Wednesday, hitting $184.56. 32,125,022 shares of the company's stock were exchanged, compared to its average volume of 5,589,840. The company has a market cap of $123.06 billion, a PE ratio of 105.46, a P/E/G ratio of 5.71 and a beta of 0.97. Palo Alto Networks has a fifty-two week low of $142.01 and a fifty-two week high of $210.39. The stock's 50 day moving average price is $196.53 and its two-hundred day moving average price is $187.18.

Read Our Latest Research Report on PANW

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.

NASDAQ MSFT traded up $0.26 during trading on Wednesday, hitting $512.83. 10,171,491 shares of the company's stock were exchanged, compared to its average volume of 22,075,875. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The company has a market cap of $3.81 trillion, a PE ratio of 39.63, a P/E/G ratio of 2.33 and a beta of 1.04. Microsoft has a fifty-two week low of $344.79 and a fifty-two week high of $518.29. The stock's 50 day moving average price is $485.68 and its two-hundred day moving average price is $432.78.

Read Our Latest Research Report on MSFT

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