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Technology Stocks To Watch Now - September 2nd

NVIDIA logo with Computer and Technology background

Key Points

  • NVIDIA, Palantir Technologies, and Alphabet are highlighted as the top technology stocks to watch, driven by high trading volumes and industry developments.
  • NVIDIA provides a range of products and services, including GeForce GPUs for gaming and cloud-based computing solutions.
  • Palantir Technologies focuses on creating software platforms for both commercial and government clients, enhancing operational efficiency.
  • MarketBeat previews top five stocks to own in October.

NVIDIA, Palantir Technologies, and Alphabet are the three Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of companies primarily engaged in the research, development and distribution of technology-based goods and services—such as software, hardware, semiconductors and internet platforms. Investors in these stocks typically seek growth potential fueled by innovation, digital transformation and evolving consumer or business needs. Although they can offer significant returns, technology stocks may also exhibit higher volatility due to rapid industry changes and competitive pressures. 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

Palantir Technologies (PLTR)

Palantir Technologies, Inc. engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.

Read Our Latest Research Report on PLTR

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Read Our Latest Research Report on GOOGL

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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