Top 5G Stocks To Watch Today - May 3rd

QUALCOMM, Super Micro Computer, and Cisco Systems are the three 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of publicly traded companies involved in the development, deployment or support of fifth-generation mobile network technology. This group includes wireless carriers building out 5G networks, equipment manufacturers supplying antennas and base stations, and semiconductor firms producing 5G-ready chips. Investors often view 5G stocks as growth plays tied to the global rollout of faster, lower-latency wireless communications. These companies had the highest dollar trading volume of any 5G stocks within the last several days.

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 QCOM stock traded up $4.60 during trading hours on Friday, hitting $139.81. The company's stock had a trading volume of 13,180,073 shares, compared to its average volume of 8,888,774. The stock has a market cap of $154.63 billion, a PE ratio of 14.94, a price-to-earnings-growth ratio of 2.01 and a beta of 1.28. QUALCOMM has a 12-month low of $120.80 and a 12-month high of $230.63. The company has a 50 day moving average of $147.74 and a 200 day moving average of $158.53. The company has a current ratio of 2.62, a quick ratio of 1.99 and a debt-to-equity ratio of 0.49.

Read Our Latest Research Report on QCOM

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 $0.98 on Friday, reaching $33.71. 45,187,177 shares of the company's stock traded hands, compared to its average volume of 71,787,403. The stock has a 50 day moving average price of $36.34 and a 200-day moving average price of $35.76. The firm has a market cap of $20.12 billion, a price-to-earnings ratio of 16.92 and a beta of 1.22. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. Super Micro Computer has a fifty-two week low of $17.25 and a fifty-two week high of $101.40.

Read Our Latest Research Report on SMCI

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.

Shares of CSCO stock traded up $1.21 on Friday, hitting $59.33. The company had a trading volume of 18,752,989 shares, compared to its average volume of 20,258,969. Cisco Systems has a twelve month low of $44.50 and a twelve month high of $66.50. The company has a quick ratio of 0.79, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. The firm has a market cap of $236.03 billion, a P/E ratio of 25.91, a price-to-earnings-growth ratio of 4.16 and a beta of 0.86. The company has a 50-day moving average price of $59.20 and a 200-day moving average price of $59.32.

Read Our Latest Research Report on CSCO

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.