Super Micro Computer, Teradyne, QUALCOMM, Cadence Design Systems, Cisco Systems, Fortinet, and ON Semiconductor 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 wireless technology. These may include telecom operators, network equipment suppliers, semiconductor designers and device makers poised to benefit from faster speeds, lower latency and broader Internet of Things connectivity. Investors follow 5G stocks to gain exposure to the global rollout and commercialization of next-generation mobile networks. 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.
SMCI stock traded up $2.70 during midday trading on Wednesday, hitting $61.33. 28,736,826 shares of the company traded hands, compared to its average volume of 57,181,707. The stock has a market capitalization of $36.60 billion, a price-to-earnings ratio of 32.26, a price-to-earnings-growth ratio of 2.92 and a beta of 1.43. The business has a 50 day simple moving average of $46.56 and a 200-day simple moving average of $40.33. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $72.44. The company has a quick ratio of 3.95, a current ratio of 6.66 and a debt-to-equity ratio of 0.38.
Read Our Latest Research Report on SMCI
Teradyne (TER)
Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.
TER stock traded up $18.01 during midday trading on Wednesday, reaching $108.56. The stock had a trading volume of 11,854,234 shares, compared to its average volume of 3,370,198. The firm has a market cap of $17.42 billion, a price-to-earnings ratio of 30.67, a PEG ratio of 4.03 and a beta of 1.70. The business has a fifty day simple moving average of $88.01 and a two-hundred day simple moving average of $93.37. Teradyne has a twelve month low of $65.77 and a twelve month high of $144.16.
Read Our Latest Research Report on TER
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.
Shares of QUALCOMM stock traded down $1.31 on Wednesday, reaching $160.77. 3,306,405 shares of the company were exchanged, compared to its average volume of 8,321,359. QUALCOMM has a one year low of $120.80 and a one year high of $182.10. The company has a market capitalization of $176.53 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 2.07 and a beta of 1.26. The company has a current ratio of 2.73, a quick ratio of 2.08 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average of $154.91 and a 200 day moving average of $155.05.
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.
CDNS stock traded up $4.60 during trading hours on Wednesday, hitting $370.86. 1,417,129 shares of the stock were exchanged, compared to its average volume of 2,073,729. The company has a current ratio of 3.07, a quick ratio of 2.90 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $101.26 billion, a P/E ratio of 100.39, a P/E/G ratio of 4.64 and a beta of 0.99. The company has a 50-day simple moving average of $310.57 and a two-hundred day simple moving average of $289.31. Cadence Design Systems has a 12 month low of $221.56 and a 12 month high of $373.27.
Read Our Latest Research Report on CDNS
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 up $0.41 during trading hours on Wednesday, hitting $68.37. The company's stock had a trading volume of 5,302,798 shares, compared to its average volume of 21,164,893. The stock has a fifty day simple moving average of $66.60 and a 200-day simple moving average of $62.56. Cisco Systems has a twelve month low of $44.50 and a twelve month high of $69.78. The company has a market capitalization of $270.76 billion, a P/E ratio of 27.90, a PEG ratio of 4.06 and a beta of 0.90. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.95 and a quick ratio of 0.87.
Read Our Latest Research Report on CSCO
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.
FTNT stock traded down $3.00 during mid-day trading on Wednesday, reaching $101.77. The company's stock had a trading volume of 2,341,980 shares, compared to its average volume of 4,729,067. The company has a market cap of $77.90 billion, a price-to-earnings ratio of 41.91, a price-to-earnings-growth ratio of 3.62 and a beta of 1.06. The business's 50 day moving average price is $103.48 and its 200 day moving average price is $101.74. The company has a current ratio of 1.36, a quick ratio of 1.29 and a debt-to-equity ratio of 0.25. Fortinet has a 12 month low of $54.57 and a 12 month high of $114.82.
Read Our Latest Research Report on FTNT
ON Semiconductor (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.
Shares of NASDAQ ON traded up $0.26 during trading on Wednesday, reaching $58.64. 2,534,321 shares of the stock traded hands, compared to its average volume of 9,878,018. The stock has a market capitalization of $24.50 billion, a P/E ratio of 40.72, a price-to-earnings-growth ratio of 4.82 and a beta of 1.43. ON Semiconductor has a 52-week low of $31.04 and a 52-week high of $79.45. The company has a 50-day moving average of $52.67 and a 200-day moving average of $47.69. The company has a debt-to-equity ratio of 0.42, a current ratio of 4.95 and a quick ratio of 3.32.
Read Our Latest Research Report on ON
Further Reading
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.
Before you consider Super Micro Computer, 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 Super Micro Computer wasn't on the list.
While Super Micro Computer currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
