Technology Stocks To Follow Today – March 24th

NVIDIA, Meta Platforms, Apple, Microsoft, Advanced Micro Devices, Super Micro Computer, and Broadcom are the seven Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares in companies primarily involved in the research, development, and distribution of technologically based goods and services. These companies often operate in sectors such as software, hardware, telecommunications, and digital services, and are known for their potential for rapid growth as well as higher volatility compared to companies in more traditional industries. 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 $4.02 during mid-day trading on Monday, reaching $121.72. 134,878,657 shares of the company’s stock traded hands, compared to its average volume of 314,408,188. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The business’s 50-day moving average price is $126.92 and its 200-day moving average price is $131.36. The stock has a market capitalization of $2.97 trillion, a P/E ratio of 47.98, a price-to-earnings-growth ratio of 1.76 and a beta of 1.77. NVIDIA has a 12 month low of $75.61 and a 12 month high of $153.13.

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 Platforms stock traded up $17.63 during mid-day trading on Monday, hitting $613.88. 10,268,972 shares of the company’s stock traded hands, compared to its average volume of 13,791,136. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. Meta Platforms has a one year low of $414.50 and a one year high of $740.91. The firm has a 50 day moving average price of $655.38 and a 200 day moving average price of $606.39. The company has a market cap of $1.56 trillion, a PE ratio of 25.71, a price-to-earnings-growth ratio of 1.42 and a beta of 1.23.

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 NASDAQ AAPL traded up $1.05 during midday trading on Monday, reaching $219.32. 20,998,384 shares of the company traded hands, compared to its average volume of 52,580,249. The company has a market cap of $3.29 trillion, a price-to-earnings ratio of 34.86, a PEG ratio of 2.44 and a beta of 1.18. The stock has a 50-day moving average price of $231.82 and a 200 day moving average price of $233.42. Apple has a 52 week low of $164.08 and a 52 week high of $260.10. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88.

Microsoft (MSFT)

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.

Microsoft stock traded up $0.58 during trading hours on Monday, hitting $391.84. 10,355,190 shares of the company traded hands, compared to its average volume of 19,300,727. The firm’s 50-day simple moving average is $408.82 and its two-hundred day simple moving average is $419.74. The firm has a market cap of $2.91 trillion, a P/E ratio of 31.57, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft has a 1-year low of $376.91 and a 1-year high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

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 NASDAQ AMD traded up $7.65 during mid-day trading on Monday, reaching $114.09. 33,306,591 shares of the company traded hands, compared to its average volume of 43,428,164. Advanced Micro Devices has a fifty-two week low of $94.73 and a fifty-two week high of $187.28. The firm has a market cap of $184.88 billion, a PE ratio of 115.26, a price-to-earnings-growth ratio of 1.11 and a beta of 1.74. The stock has a fifty day simple moving average of $110.28 and a 200-day simple moving average of $131.78. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 1.83.

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 $0.13 on Monday, reaching $42.02. 67,400,158 shares of the stock traded hands, compared to its average volume of 73,194,902. Super Micro Computer has a 12 month low of $17.25 and a 12 month high of $110.61. The company has a market cap of $24.94 billion, a price-to-earnings ratio of 21.13 and a beta of 1.21. The firm’s fifty day simple moving average is $38.66 and its 200 day simple moving average is $37.84. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32.

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

Shares of Broadcom stock traded down $0.21 during trading on Monday, hitting $191.45. The stock had a trading volume of 14,425,208 shares, compared to its average volume of 28,890,943. The business has a fifty day moving average of $214.38 and a two-hundred day moving average of $195.37. Broadcom has a fifty-two week low of $119.76 and a fifty-two week high of $251.88. The firm has a market cap of $900.17 billion, a P/E ratio of 156.62, a PEG ratio of 2.29 and a beta of 1.01. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07.