Promising Technology Stocks To Research – May 12th

NVIDIA, Meta Platforms, and Apple are the three Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares in publicly traded companies that develop, produce or distribute technology‐based products and services—ranging from software and hardware to semiconductors and internet platforms. Investors often view them as growth‐oriented plays, reflecting these firms’ heavy investment in innovation, though they can exhibit higher volatility due to rapid industry shifts. 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 NASDAQ:NVDA traded up $5.98 during midday trading on Monday, hitting $122.63. The stock had a trading volume of 149,872,790 shares, compared to its average volume of 295,765,402. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $195.95. The company has a market capitalization of $3.00 trillion, a P/E ratio of 48.27, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. The company’s 50-day moving average price is $110.29 and its 200-day moving average price is $127.19.

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.

Shares of NASDAQ META traded up $46.27 during trading on Monday, hitting $638.76. 15,629,031 shares of the company traded hands, compared to its average volume of 17,584,912. The business’s fifty day moving average is $568.87 and its 200 day moving average is $604.75. Meta Platforms has a fifty-two week low of $442.65 and a fifty-two week high of $740.91. The firm has a market capitalization of $1.62 trillion, a price-to-earnings ratio of 26.71, a P/E/G ratio of 1.42 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98.

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.

AAPL traded up $12.56 during trading hours on Monday, hitting $210.83. The stock had a trading volume of 41,735,383 shares, compared to its average volume of 56,042,326. The stock has a market cap of $3.15 trillion, a PE ratio of 33.44, a price-to-earnings-growth ratio of 2.44 and a beta of 1.27. Apple has a 1 year low of $169.21 and a 1 year high of $260.10. The company has a quick ratio of 0.88, a current ratio of 0.92 and a debt-to-equity ratio of 1.26. The company’s fifty day simple moving average is $208.09 and its 200 day simple moving average is $227.33.