Free Trial

Top Technology Stocks To Follow Now - July 24th

NVIDIA logo with Computer and Technology background

NVIDIA, Alphabet, Advanced Micro Devices, Apple, and Meta Platforms are the five Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are equity shares of companies whose core business involves developing, manufacturing or distributing technology-related products and services—ranging from hardware and semiconductors to software, cloud services and internet platforms. Investors often target these stocks for their potential for rapid growth and innovation, though they can also exhibit higher volatility compared with more established, slower-growing sectors. These companies had the highest dollar trading volume of any Technology stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Shares of NVDA traded up $2.69 during trading hours on Thursday, hitting $173.47. The company had a trading volume of 87,293,891 shares, compared to its average volume of 251,909,938. The company has a market capitalization of $4.23 trillion, a PE ratio of 55.93, a price-to-earnings-growth ratio of 1.47 and a beta of 2.13. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. NVIDIA has a one year low of $86.62 and a one year high of $174.25. The company's fifty day moving average price is $149.41 and its two-hundred day moving average price is $130.53.

Read Our Latest Research Report on NVDA

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Shares of GOOGL traded up $3.11 during trading hours on Thursday, hitting $193.34. The company had a trading volume of 55,242,511 shares, compared to its average volume of 36,914,605. The company has a market capitalization of $2.35 trillion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 1.34 and a beta of 1.00. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.03. Alphabet has a one year low of $140.53 and a one year high of $207.05. The company's fifty day moving average price is $174.67 and its two-hundred day moving average price is $173.13.

Read Our Latest Research Report on GOOGL

Advanced Micro Devices (AMD)

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.

Shares of AMD traded up $3.97 during trading hours on Thursday, hitting $162.62. The company had a trading volume of 36,667,722 shares, compared to its average volume of 43,370,316. The company has a market capitalization of $263.68 billion, a PE ratio of 119.52, a price-to-earnings-growth ratio of 2.05 and a beta of 2.05. The company has a current ratio of 2.80, a quick ratio of 1.97 and a debt-to-equity ratio of 0.06. Advanced Micro Devices has a one year low of $76.48 and a one year high of $174.05. The company's fifty day moving average price is $130.31 and its two-hundred day moving average price is $114.02.

Read Our Latest Research Report on AMD

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

Shares of AAPL traded up $0.90 during trading hours on Thursday, hitting $215.05. The company had a trading volume of 26,462,465 shares, compared to its average volume of 56,728,691. Apple has a one year low of $169.21 and a one year high of $260.10. The company's fifty day moving average price is $204.67 and its two-hundred day moving average price is $215.18. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $3.21 trillion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 2.40 and a beta of 1.20.

Read Our Latest Research Report on AAPL

Meta Platforms (META)

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

META stock traded up $2.56 on Thursday, hitting $716.14. 6,430,526 shares of the company's stock were exchanged, compared to its average volume of 15,473,260. The firm has a 50 day moving average price of $689.62 and a two-hundred day moving average price of $640.33. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.66 and a current ratio of 2.66. The stock has a market cap of $1.80 trillion, a P/E ratio of 27.90, a price-to-earnings-growth ratio of 1.71 and a beta of 1.28. Meta Platforms has a 12-month low of $442.65 and a 12-month high of $747.90.

Read Our Latest Research Report on META

Read More

Should You Invest $1,000 in NVIDIA Right Now?

Before you consider NVIDIA, 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 NVIDIA wasn't on the list.

While NVIDIA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)
Congress Bought This Stock at the Bottom—Will You Miss It?
Why AMD Stock Beats NVIDIA Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines