Free Trial

Technology Stocks To Follow Now - May 2nd

Sandisk logo with Business Services background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's stock screener highlights SanDisk (SNDK), NVIDIA (NVDA), and Apple (AAPL) as the three Technology stocks to watch today, citing that they had the highest dollar trading volume among Tech names in recent days.
  • SanDisk posted an earnings beat that "crushed estimates," reporting a 251% revenue surge, making it the standout of the trio.
  • NVIDIA (a leading GPU/compute and AI-infrastructure provider) and Apple (a dominant consumer devices maker) remain key names to watch for innovation-driven growth and valuation-sensitive volatility.
  • Five stocks to consider instead of Sandisk.

Sandisk, NVIDIA, and Apple are the three Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of companies whose primary businesses involve developing, manufacturing, or providing technology products and services—such as software, hardware, semiconductors, internet platforms, cloud computing, and IT services. For investors, these stocks are often seen as growth-oriented but can be more volatile and valuation-sensitive, since their returns depend heavily on innovation, product cycles, and changing market sentiment. These companies had the highest dollar trading volume of any Technology stocks within the last several days.

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

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

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.

Read Our Latest Research Report on AAPL

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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

Before you consider Sandisk, 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 Sandisk wasn't on the list.

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

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Click the link to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines