Super Micro Computer, QUALCOMM, Cisco Systems, Onsemi, and Fortinet are the five 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of publicly traded companies involved in the development, manufacturing, deployment or service provision of fifth-generation wireless network technology—spanning telecom operators, equipment vendors, semiconductor makers and infrastructure providers. Investors buy these stocks to gain exposure to the anticipated growth driven by 5G’s faster data speeds, lower latency and enabling of new applications like the Internet of Things, autonomous vehicles and smart cities. 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.
Shares of Super Micro Computer stock traded down $1.23 during trading on Friday, hitting $40.09. 37,804,120 shares of the stock traded hands, compared to its average volume of 72,127,353. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. The stock has a market cap of $23.93 billion, a price-to-earnings ratio of 20.13 and a beta of 1.36. The firm's fifty day moving average is $35.82 and its 200-day moving average is $35.52. Super Micro Computer has a 52 week low of $17.25 and a 52 week high of $101.40.
Read Our Latest Research Report on SMCI
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.
QCOM traded down $1.99 on Friday, hitting $145.38. 8,991,695 shares of the company were exchanged, compared to its average volume of 8,869,129. The firm has a fifty day simple moving average of $145.46 and a two-hundred day simple moving average of $156.40. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.99 and a current ratio of 2.62. QUALCOMM has a 12 month low of $120.80 and a 12 month high of $230.63. The stock has a market capitalization of $159.63 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 2.01 and a beta of 1.29.
Read Our Latest Research Report on QCOM
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.
CSCO traded down $0.25 on Friday, hitting $63.11. 15,644,520 shares of the company were exchanged, compared to its average volume of 20,300,665. The firm has a fifty day simple moving average of $59.05 and a two-hundred day simple moving average of $59.93. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.79 and a current ratio of 0.87. Cisco Systems has a 12 month low of $44.50 and a 12 month high of $66.50. The stock has a market capitalization of $251.07 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 4.16 and a beta of 0.89.
Read Our Latest Research Report on CSCO
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.
Shares of ON stock traded down $1.02 during trading hours on Friday, reaching $41.27. The company's stock had a trading volume of 9,856,817 shares, compared to its average volume of 7,787,318. The stock has a market capitalization of $17.25 billion, a P/E ratio of 11.37, a P/E/G ratio of 16.74 and a beta of 1.39. Onsemi has a one year low of $31.04 and a one year high of $80.08. The firm's fifty day simple moving average is $39.76 and its 200 day simple moving average is $52.14. The company has a current ratio of 5.06, a quick ratio of 3.38 and a debt-to-equity ratio of 0.38.
Read Our Latest Research Report on ON
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.
Shares of FTNT stock traded down $0.46 during trading hours on Friday, reaching $103.16. The company's stock had a trading volume of 3,768,804 shares, compared to its average volume of 4,970,613. The stock has a market capitalization of $78.96 billion, a P/E ratio of 45.65, a P/E/G ratio of 4.19 and a beta of 1.16. Fortinet has a one year low of $54.57 and a one year high of $114.82. The firm's fifty day simple moving average is $99.29 and its 200 day simple moving average is $99.03. The company has a current ratio of 1.47, a quick ratio of 1.39 and a debt-to-equity ratio of 0.67.
Read Our Latest Research Report on FTNT
Further Reading
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