QUALCOMM, Fortinet, Cisco Systems, Super Micro Computer, Cadence Design Systems, 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 publicly traded companies that develop, manufacture or deploy equipment and services for fifth-generation wireless networks. This sector spans network infrastructure providers (tower operators, antenna makers, base station suppliers), semiconductor-chip designers, telecom carriers and device manufacturers whose revenues depend on 5G rollout. Investors buy 5G stocks to gain exposure to the faster speeds, lower latency and new applications enabled by next-generation connectivity. 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.
NASDAQ QCOM traded down $3.12 during trading on Friday, reaching $145.22. 13,752,285 shares of the company traded hands, compared to its average volume of 8,785,850. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.99 and a current ratio of 2.62. The stock's 50 day moving average price is $144.30 and its two-hundred day moving average price is $155.59. The company has a market cap of $159.45 billion, a price-to-earnings ratio of 15.51, a P/E/G ratio of 2.01 and a beta of 1.29. QUALCOMM has a 1-year low of $120.80 and a 1-year high of $230.63.
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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 down $0.02 during trading on Friday, reaching $102.02. 17,092,383 shares of the company traded hands, compared to its average volume of 4,974,057. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.39 and a current ratio of 1.47. The stock's 50 day moving average price is $99.68 and its two-hundred day moving average price is $99.48. The company has a market cap of $78.09 billion, a price-to-earnings ratio of 45.14, a P/E/G ratio of 4.19 and a beta of 1.16. Fortinet has a 1-year low of $54.57 and a 1-year high of $114.82.
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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 $0.24 during trading on Friday, reaching $62.81. 25,829,006 shares of the company traded hands, compared to its average volume of 20,244,721. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.79 and a current ratio of 0.87. The stock's 50 day moving average price is $59.30 and its two-hundred day moving average price is $60.11. The company has a market cap of $248.73 billion, a price-to-earnings ratio of 27.43, a P/E/G ratio of 4.16 and a beta of 0.89. Cisco Systems has a 1-year low of $44.50 and a 1-year high of $66.50.
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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 down $1.42 during trading on Friday, reaching $39.73. 34,776,375 shares of the company traded hands, compared to its average volume of 71,809,714. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The stock's 50 day moving average price is $35.84 and its two-hundred day moving average price is $36.23. The company has a market cap of $23.71 billion, a price-to-earnings ratio of 19.94 and a beta of 1.36. Super Micro Computer has a 1-year low of $17.25 and a 1-year high of $101.40.
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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 $0.13 during trading on Friday, reaching $284.63. 2,901,589 shares of the company traded hands, compared to its average volume of 2,016,665. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.27 and a current ratio of 2.93. The stock's 50 day moving average price is $282.83 and its two-hundred day moving average price is $287.52. The company has a market cap of $77.72 billion, a price-to-earnings ratio of 73.74, a P/E/G ratio of 3.88 and a beta of 1.04. Cadence Design Systems has a 1-year low of $221.56 and a 1-year high of $328.99.
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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.
Shares of NASDAQ:MPWR traded down $25.18 during trading on Friday, reaching $655.54. The stock had a trading volume of 950,305 shares, compared to its average volume of 796,470. Monolithic Power Systems has a 52 week low of $438.86 and a 52 week high of $959.64. The business's 50-day moving average price is $599.61 and its 200 day moving average price is $611.91. The stock has a market capitalization of $31.39 billion, a PE ratio of 17.83, a P/E/G 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.
Shares of NASDAQ:ON traded down $1.10 during trading on Friday, reaching $41.84. The stock had a trading volume of 10,184,926 shares, compared to its average volume of 7,839,215. Onsemi has a 52 week low of $31.04 and a 52 week high of $80.08. The business's 50-day moving average price is $39.57 and its 200 day moving average price is $51.04. 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 market capitalization of $17.48 billion, a PE ratio of 11.53, a P/E/G ratio of 16.74 and a beta of 1.39.
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