Promising Technology Stocks To Watch Today - June 1st

NVIDIA, Microsoft, and Apple are the three Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of companies that develop, manufacture or provide technology-based products and services—ranging from software and hardware to internet platforms, semiconductor chips and telecommunications. Investors often seek them for their potential high growth driven by innovation and digital transformation, though they can be more volatile and sensitive to market shifts and competitive pressures than more established sectors. 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 down $4.91 on Friday, reaching $134.28. 332,224,842 shares of the company were exchanged, compared to its average volume of 284,499,573. The business has a 50-day moving average price of $115.48 and a 200 day moving average price of $126.38. NVIDIA has a 1 year low of $86.62 and a 1 year high of $195.95. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The company has a market cap of $3.28 trillion, a price-to-earnings ratio of 52.85, a P/E/G ratio of 1.76 and a beta of 2.11.

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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.

NASDAQ:MSFT traded up $0.09 during midday trading on Friday, hitting $458.77. 34,758,620 shares of the company were exchanged, compared to its average volume of 21,504,528. The company has a market capitalization of $3.41 trillion, a PE ratio of 36.94, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. Microsoft has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The company has a fifty day simple moving average of $409.00 and a 200 day simple moving average of $415.11. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

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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.

AAPL stock traded down $0.94 on Friday, hitting $199.01. 70,744,759 shares of the company were exchanged, compared to its average volume of 56,229,633. Apple has a twelve month low of $169.21 and a twelve month high of $260.10. The business's fifty day moving average is $203.10 and its two-hundred day moving average is $225.02. The stock has a market capitalization of $2.97 trillion, a price-to-earnings ratio of 31.59, a price-to-earnings-growth ratio of 2.44 and a beta of 1.27. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88.

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