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Technology Stocks To Follow Now - May 6th

NVIDIA logo with Computer and Technology background

NVIDIA, Apple, Meta Platforms, Microsoft, Advanced Micro Devices, Vertex Pharmaceuticals, and Alibaba Group are the seven Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of companies that develop, manufacture or distribute technology-related products and services—ranging from software and hardware to semiconductors, cloud solutions and internet platforms. These equities tend to be growth-oriented and can exhibit higher volatility as firms innovate rapidly, face intense competition and adapt to shifting market trends. 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 down $0.23 during midday trading on Tuesday, reaching $113.59. 96,107,436 shares of the stock traded hands, compared to its average volume of 298,967,242. The firm has a market cap of $2.77 trillion, a PE ratio of 44.55, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. NVIDIA has a 12-month low of $86.62 and a 12-month high of $195.95. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The company has a 50-day simple moving average of $110.50 and a two-hundred day simple moving average of $127.91.

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.

Shares of NASDAQ AAPL traded up $0.35 during mid-day trading on Tuesday, hitting $199.24. The company had a trading volume of 31,371,459 shares, compared to its average volume of 56,147,393. The business's 50-day simple moving average is $211.32 and its 200 day simple moving average is $228.33. The company has a market capitalization of $2.99 trillion, a PE ratio of 31.62, a price-to-earnings-growth ratio of 2.44 and a beta of 1.27. 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 1.26, a current ratio of 0.92 and a quick ratio of 0.88.

Read Our Latest Research Report on AAPL

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.

Meta Platforms stock traded down $9.54 during mid-day trading on Tuesday, hitting $589.73. The company had a trading volume of 6,787,720 shares, compared to its average volume of 14,424,243. The stock has a market cap of $1.49 trillion, a price-to-earnings ratio of 24.58, a PEG ratio of 1.42 and a beta of 1.24. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. Meta Platforms has a 1 year low of $442.65 and a 1 year high of $740.91. The business has a fifty day moving average of $573.80 and a 200 day moving average of $604.15.

Read Our Latest Research Report on META

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.

MSFT traded down $0.77 on Tuesday, reaching $435.40. The company had a trading volume of 7,980,812 shares, compared to its average volume of 21,315,286. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft has a 1 year low of $344.79 and a 1 year high of $468.35. The stock has a market capitalization of $3.24 trillion, a PE ratio of 35.00, a P/E/G ratio of 2.21 and a beta of 0.99. The stock has a 50-day moving average price of $385.66 and a 200-day moving average price of $411.17.

Read Our Latest Research Report on MSFT

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 down $1.57 during trading hours on Tuesday, reaching $99.02. The stock had a trading volume of 23,673,510 shares, compared to its average volume of 42,129,938. The firm has a 50-day moving average of $97.30 and a 200-day moving average of $117.64. The firm has a market cap of $160.05 billion, a price-to-earnings ratio of 99.59, a PEG ratio of 1.11 and a beta of 1.97. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03. Advanced Micro Devices has a fifty-two week low of $76.48 and a fifty-two week high of $187.28.

Read Our Latest Research Report on AMD

Vertex Pharmaceuticals (VRTX)

Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF). It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age or older; SYMDEKO/SYMKEVI for people with CF for 6 years of age or older; ORKAMBI for CF patients 1 year or older; and KALYDECO for the treatment of patients with 1 year or older who have CF with ivacaftor.

Shares of VRTX stock traded down $59.63 during trading hours on Tuesday, hitting $440.57. The stock had a trading volume of 5,128,730 shares, compared to its average volume of 1,360,707. The stock's 50 day moving average is $492.42 and its 200 day moving average is $466.91. The firm has a market capitalization of $113.26 billion, a PE ratio of -198.94, a PEG ratio of 2.11 and a beta of 0.51. Vertex Pharmaceuticals has a twelve month low of $377.85 and a twelve month high of $519.88. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.69 and a quick ratio of 2.35.

Read Our Latest Research Report on VRTX

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

NYSE:BABA traded up $1.19 during trading hours on Tuesday, reaching $127.76. 12,990,568 shares of the company's stock were exchanged, compared to its average volume of 20,528,907. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $305.08 billion, a price-to-earnings ratio of 18.48, a P/E/G ratio of 0.61 and a beta of 0.24. Alibaba Group has a 1-year low of $71.80 and a 1-year high of $148.43. The company has a 50-day moving average of $124.91 and a 200 day moving average of $105.53.

Read Our Latest Research Report on BABA

See Also

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