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Technology Stocks To Consider - March 16th

NVIDIA logo with Computer and Technology background
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Key Points

  • NVIDIA (NVDA), Micron Technology (MU) and SanDisk (SNDK) were identified by MarketBeat’s screener as the Technology stocks to watch today after recording the highest dollar trading volume in recent days.
  • NVIDIA is a leader in GPUs and AI/compute solutions—spanning GeForce, data-center GPUs, vGPU software, Omniverse and automotive platforms—that drive demand across gaming and AI workloads.
  • Micron and SanDisk focus on memory and flash storage (DRAM, NAND, SSDs and removable media), areas that offer growth potential but are typically cyclical and more volatile than many other sectors.
  • Five stocks to consider instead of NVIDIA.

NVIDIA, Micron Technology, and Sandisk are the three Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of publicly traded companies whose primary business is developing, producing, or delivering technology-related products and services—such as software, hardware, semiconductors, internet platforms, and IT services. Investors typically view these stocks as growth-oriented opportunities driven by innovation and adoption trends, though they can be more volatile and sensitive to product cycles, regulation, and sentiment than many other 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.

Read Our Latest Research Report on NVDA

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

Read Our Latest Research Report on MU

Sandisk (SNDK)

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components.

Read Our Latest Research Report on SNDK

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Should You Invest $1,000 in NVIDIA Right Now?

Before you consider NVIDIA, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVIDIA wasn't on the list.

While NVIDIA currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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