5G Stocks To Follow Today – March 4th

Super Micro Computer, Cisco Systems, QUALCOMM, Cadence Design Systems, Fortinet, 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 companies involved in the development, production, or deployment of technologies that facilitate next-generation wireless communication, primarily focusing on 5G networks and related infrastructure. These companies can include telecom equipment makers, network solution providers, and mobile operators, with investors often seeking exposure to potential growth driven by the global rollout of 5G technology. These companies had the highest dollar trading volume of any 5G 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 $3.29 during trading on Tuesday, reaching $39.36. The company’s stock had a trading volume of 62,330,735 shares, compared to its average volume of 77,975,953. The business’s fifty day moving average price is $36.70 and its 200-day moving average price is $39.31. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $122.90. The firm has a market cap of $23.36 billion, a price-to-earnings ratio of 19.74 and a beta of 1.30. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77.

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.

Shares of NASDAQ CSCO traded down $0.52 during midday trading on Tuesday, hitting $62.96. The company had a trading volume of 8,053,807 shares, compared to its average volume of 19,649,709. Cisco Systems has a twelve month low of $44.50 and a twelve month high of $66.50. The company has a quick ratio of 0.79, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $250.49 billion, a price-to-earnings ratio of 27.49, a price-to-earnings-growth ratio of 4.16 and a beta of 0.84. The business has a 50-day simple moving average of $61.32 and a two-hundred day simple moving average of $57.06.

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.

Shares of NASDAQ:QCOM traded down $0.19 during trading on Tuesday, hitting $153.43. 2,967,231 shares of the stock were exchanged, compared to its average volume of 8,356,502. The company has a fifty day moving average price of $164.84 and a two-hundred day moving average price of $165.47. The company has a market cap of $169.69 billion, a PE ratio of 16.39, a P/E/G ratio of 2.01 and a beta of 1.25. QUALCOMM has a 12-month low of $149.43 and a 12-month high of $230.63. The company has a current ratio of 2.62, a quick ratio of 1.99 and a debt-to-equity ratio of 0.49.

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 down $3.29 during mid-day trading on Tuesday, reaching $238.45. 1,193,912 shares of the stock were exchanged, compared to its average volume of 1,749,063. The business’s fifty day simple moving average is $293.85 and its 200 day simple moving average is $286.55. Cadence Design Systems has a 1-year low of $233.85 and a 1-year high of $328.99. The stock has a market capitalization of $65.36 billion, a PE ratio of 61.69, a PEG ratio of 3.88 and a beta of 1.03. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.27 and a current ratio of 2.93.

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.

Shares of NASDAQ FTNT traded down $1.47 on Tuesday, reaching $105.07. 2,349,650 shares of the company traded hands, compared to its average volume of 4,823,591. The stock has a market capitalization of $80.80 billion, a PE ratio of 46.48, a P/E/G ratio of 4.19 and a beta of 1.01. Fortinet has a fifty-two week low of $54.57 and a fifty-two week high of $114.82. The company has a current ratio of 1.47, a quick ratio of 1.39 and a debt-to-equity ratio of 0.67. The company has a 50 day moving average of $101.51 and a 200 day moving average of $90.23.

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.

Monolithic Power Systems stock traded up $1.70 during midday trading on Tuesday, hitting $580.62. 303,392 shares of the company were exchanged, compared to its average volume of 887,338. The company has a market cap of $28.32 billion, a PE ratio of 15.76, a price-to-earnings-growth ratio of 2.60 and a beta of 1.03. Monolithic Power Systems has a fifty-two week low of $546.71 and a fifty-two week high of $959.64. The company’s fifty day moving average price is $640.18 and its 200-day moving average price is $736.84.

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 ON stock traded down $0.60 during mid-day trading on Tuesday, reaching $44.31. 2,985,421 shares of the company were exchanged, compared to its average volume of 6,722,510. The company has a market capitalization of $18.67 billion, a P/E ratio of 12.20, a P/E/G ratio of 16.74 and a beta of 1.61. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.38 and a current ratio of 5.06. Onsemi has a fifty-two week low of $43.95 and a fifty-two week high of $85.16. The business’s 50 day simple moving average is $55.36 and its 200 day simple moving average is $65.13.