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Technology Stocks Worth Watching - August 23rd

NVIDIA logo with Computer and Technology background

Key Points

  • NVIDIA, Palantir Technologies, and Microsoft are highlighted as top technology stocks to watch, noted for their high trading volumes and innovative business models.
  • NVIDIA specializes in graphics and computing solutions, targeting gaming, automotive infotainment, and metaverse applications.
  • Palantir Technologies focuses on deploying software platforms as central operating systems for commercial and government clients, enhancing operational efficiency.
  • Want stock alerts on NVIDIA? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

NVIDIA, Palantir Technologies, and Microsoft are the three Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are equity shares of companies whose primary business involves developing, producing or distributing technology-based goods and services—such as hardware, software, semiconductors and internet platforms. Characterized by innovation‐driven revenue growth, these stocks often offer high return potential but can exhibit considerable volatility due to rapid industry shifts, regulatory developments and changing consumer preferences. 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

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.

Read Our Latest Research Report on MSFT

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