Super Micro Computer, Cisco Systems, QUALCOMM, Cadence Design Systems, Fortinet, Monolithic Power Systems, and Onsemi are the seven 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of companies that develop, manufacture or deploy fifth-generation (5G) wireless network technology, including telecom carriers, network equipment vendors, semiconductor firms and infrastructure providers. Investors buy these stocks to gain targeted exposure to the revenue growth and innovation driven by the global rollout of faster, lower-latency mobile connectivity. These companies had the highest dollar trading volume of any 5G stocks within the last several days.
Super Micro Computer (SMCI)
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.
NASDAQ:SMCI traded up $2.02 during midday trading on Friday, hitting $45.98. The company had a trading volume of 61,189,216 shares, compared to its average volume of 66,431,195. Super Micro Computer has a 52-week low of $17.25 and a 52-week high of $101.40. The stock's fifty day moving average price is $35.58 and its 200-day moving average price is $35.07. The company has a market capitalization of $27.44 billion, a PE ratio of 23.10 and a beta of 1.36. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32.
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Cisco Systems (CSCO)
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.
NASDAQ:CSCO traded down $0.91 during midday trading on Friday, hitting $63.35. The company had a trading volume of 11,140,172 shares, compared to its average volume of 20,454,469. Cisco Systems has a 52-week low of $44.50 and a 52-week high of $66.50. The stock's fifty day moving average price is $58.69 and its 200-day moving average price is $59.60. The company has a market capitalization of $252.01 billion, a PE ratio of 27.68, a P/E/G ratio of 4.16 and a beta of 0.89. The company has a quick ratio of 0.79, a current ratio of 0.87 and a debt-to-equity ratio of 0.43.
Read Our Latest Research Report on CSCO
QUALCOMM (QCOM)
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.
NASDAQ QCOM traded down $0.28 during trading on Friday, hitting $152.34. 1,970,383 shares of the company's stock traded hands, compared to its average volume of 8,891,900. The stock has a fifty day moving average of $145.95 and a two-hundred day moving average of $157.08. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.62 and a quick ratio of 1.99. QUALCOMM has a 12-month low of $120.80 and a 12-month high of $230.63. The firm has a market cap of $167.26 billion, a P/E ratio of 16.28, a PEG ratio of 2.01 and a beta of 1.29.
Read Our Latest Research Report on QCOM
Cadence Design Systems (CDNS)
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.
NASDAQ CDNS traded up $2.40 during trading on Friday, hitting $321.17. 577,688 shares of the company's stock traded hands, compared to its average volume of 1,966,242. The stock has a fifty day moving average of $270.41 and a two-hundred day moving average of $286.29. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.93 and a quick ratio of 2.27. Cadence Design Systems has a 12-month low of $221.56 and a 12-month high of $328.99. The firm has a market cap of $87.69 billion, a P/E ratio of 83.23, a PEG ratio of 3.88 and a beta of 1.04.
Read Our Latest Research Report on CDNS
Fortinet (FTNT)
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.
NASDAQ FTNT traded up $1.85 during trading on Friday, hitting $104.41. 1,301,630 shares of the company's stock traded hands, compared to its average volume of 4,997,571. The stock has a fifty day moving average of $98.40 and a two-hundred day moving average of $97.98. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.47 and a quick ratio of 1.39. Fortinet has a 12-month low of $54.57 and a 12-month high of $114.82. The firm has a market cap of $79.91 billion, a P/E ratio of 46.21, a PEG ratio of 4.19 and a beta of 1.16.
Read Our Latest Research Report on FTNT
Monolithic Power Systems (MPWR)
Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.
NASDAQ MPWR traded down $1.47 during trading on Friday, hitting $708.85. 147,559 shares of the company's stock traded hands, compared to its average volume of 960,273. The stock has a fifty day moving average of $583.45 and a two-hundred day moving average of $618.88. Monolithic Power Systems has a 12-month low of $438.86 and a 12-month high of $959.64. The firm has a market cap of $33.94 billion, a P/E ratio of 19.28, a PEG ratio of 2.60 and a beta of 1.18.
Read Our Latest Research Report on MPWR
Onsemi (ON)
onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.
NASDAQ ON traded up $0.05 during trading on Friday, hitting $44.57. 1,895,372 shares of the company's stock traded hands, compared to its average volume of 7,717,019. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.06 and a quick ratio of 3.38. The stock has a fifty day moving average of $39.72 and a two-hundred day moving average of $53.31. The firm has a market cap of $18.63 billion, a P/E ratio of 12.27, a PEG ratio of 16.74 and a beta of 1.39. Onsemi has a 12-month low of $31.04 and a 12-month high of $80.08.
Read Our Latest Research Report on ON
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