Top Artificial Intelligence Stocks To Watch Today - August 7th

Key Points

• Seven key AI stocks to watch include Super Micro Computer, Salesforce, ServiceNow, Arista Networks, Accenture, Snowflake, and QUALCOMM, highlighting their significant trading volumes recently.
• Super Micro Computer has a market capitalization of $28.04 billion with a notable 12-month high of $66.44 and a P/E ratio of 28.36.
• Salesforce stock closed at $239.55 with a market cap of $229.01 billion, revealing a significant trading drop of $9.63 during the session.

Super Micro Computer, Salesforce, ServiceNow, Arista Networks, Accenture, Snowflake, and QUALCOMM are the seven Artificial Intelligence stocks to watch today, according to MarketBeat's stock screener tool. Artificial intelligence stocks are shares of publicly traded companies that develop, produce or integrate AI technologies—such as machine learning algorithms, natural language processing tools and computer vision systems—into their products or services. Investing in these stocks gives shareholders exposure to the growth potential of AI-driven innovation, with performance often reflecting technological breakthroughs and broader market adoption of AI solutions. These companies had the highest dollar trading volume of any Artificial Intelligence 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 $0.20 during trading on Thursday, hitting $46.99. 28,910,583 shares of the stock traded hands, compared to its average volume of 57,154,438. The company has a market capitalization of $28.04 billion, a P/E ratio of 28.36, a price-to-earnings-growth ratio of 2.79 and a beta of 1.46. Super Micro Computer has a 12-month low of $17.25 and a 12-month high of $66.44. The firm has a 50-day simple moving average of $48.40 and a 200-day simple moving average of $41.32. 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

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Shares of CRM stock traded down $9.63 on Thursday, reaching $239.55. The company's stock had a trading volume of 4,485,652 shares, compared to its average volume of 7,054,143. The stock's fifty day simple moving average is $264.50 and its 200-day simple moving average is $280.68. Salesforce has a 1 year low of $230.00 and a 1 year high of $369.00. The company has a market capitalization of $229.01 billion, a price-to-earnings ratio of 37.71, a price-to-earnings-growth ratio of 2.25 and a beta of 1.37. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.14.

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ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

NYSE NOW traded down $38.22 during trading hours on Thursday, hitting $874.09. 1,187,633 shares of the company were exchanged, compared to its average volume of 1,679,639. ServiceNow has a 52 week low of $678.66 and a 52 week high of $1,198.09. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.14. The stock has a 50-day moving average price of $988.58 and a 200 day moving average price of $947.68. The stock has a market cap of $181.81 billion, a PE ratio of 110.68, a price-to-earnings-growth ratio of 4.08 and a beta of 0.93.

Read Our Latest Research Report on NOW

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

Shares of NYSE ANET traded down $1.81 during trading hours on Thursday, hitting $136.97. 6,507,016 shares of the company traded hands, compared to its average volume of 10,668,111. The stock has a market capitalization of $172.02 billion, a price-to-earnings ratio of 53.76, a price-to-earnings-growth ratio of 3.44 and a beta of 1.37. The company's 50 day moving average price is $103.49 and its 200 day moving average price is $95.28. Arista Networks has a 12 month low of $59.43 and a 12 month high of $141.01.

Read Our Latest Research Report on ANET

Accenture (ACN)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

Shares of Accenture stock traded down $7.03 during trading on Thursday, hitting $240.51. The stock had a trading volume of 2,944,363 shares, compared to its average volume of 3,475,105. The stock has a market cap of $150.64 billion, a PE ratio of 19.22, a PEG ratio of 2.25 and a beta of 1.29. Accenture has a 12 month low of $239.94 and a 12 month high of $398.35. The firm's fifty day simple moving average is $294.23 and its 200-day simple moving average is $317.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46.

Read Our Latest Research Report on ACN

Snowflake (SNOW)

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.

Shares of NYSE:SNOW traded down $7.40 during trading hours on Thursday, hitting $203.14. 2,685,318 shares of the company's stock traded hands, compared to its average volume of 5,056,919. The firm has a market capitalization of $67.82 billion, a P/E ratio of -48.20 and a beta of 1.22. The business has a fifty day moving average price of $214.17 and a 200-day moving average price of $183.55. Snowflake has a 1 year low of $107.13 and a 1 year high of $229.27. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.58 and a quick ratio of 1.58.

Read Our Latest Research Report on SNOW

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 stock traded down $0.40 during midday trading on Thursday, reaching $145.44. The company's stock had a trading volume of 3,173,402 shares, compared to its average volume of 8,495,810. QUALCOMM has a 1 year low of $120.80 and a 1 year high of $182.10. The stock has a fifty day simple moving average of $155.08 and a two-hundred day simple moving average of $154.58. The firm has a market capitalization of $156.93 billion, a price-to-earnings ratio of 14.06, a PEG ratio of 2.14 and a beta of 1.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

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