Technology Stocks To Keep An Eye On – March 29th

NVIDIA, Meta Platforms, Apple, Microsoft, and Alphabet are the five Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares of companies primarily involved in the research, development, or distribution of technological products and services, including areas such as software, hardware, semiconductors, and telecommunications. These stocks are often characterized by high growth potential and volatility due to rapid innovation and changing market dynamics within the tech industry. 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 down $1.76 during trading on Friday, reaching $109.67. 229,047,047 shares of the company’s stock traded hands, compared to its average volume of 314,707,778. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The company has a 50 day moving average of $125.01 and a 200-day moving average of $131.34. NVIDIA has a 12 month low of $75.61 and a 12 month high of $195.95. The stock has a market capitalization of $2.68 trillion, a P/E ratio of 43.16, a price-to-earnings-growth ratio of 1.76 and a beta of 1.77.

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 down $25.84 during mid-day trading on Friday, hitting $576.74. The company had a trading volume of 17,561,028 shares, compared to its average volume of 14,238,405. The firm’s 50 day simple moving average is $655.23 and its two-hundred day simple moving average is $608.48. The stock has a market cap of $1.46 trillion, a price-to-earnings ratio of 24.11, a PEG ratio of 1.42 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.98 and a quick ratio of 2.98. Meta Platforms has a 12 month low of $414.50 and a 12 month high of $740.91.

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.

NASDAQ AAPL traded down $5.95 on Friday, hitting $217.90. The stock had a trading volume of 39,775,695 shares, compared to its average volume of 54,852,651. The company’s 50-day moving average is $230.70 and its two-hundred day moving average is $233.26. The stock has a market cap of $3.27 trillion, a price-to-earnings ratio of 34.59, a P/E/G ratio of 2.44 and a beta of 1.18. The company has a quick ratio of 0.88, a current ratio of 0.92 and a debt-to-equity ratio of 1.26. Apple has a one year low of $164.08 and a one year high of $260.10.

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.

MSFT traded down $11.78 during trading hours on Friday, hitting $378.80. The company’s stock had a trading volume of 21,606,792 shares, compared to its average volume of 20,523,498. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft has a fifty-two week low of $376.91 and a fifty-two week high of $468.35. The company has a 50-day simple moving average of $405.52 and a 200 day simple moving average of $418.97. The firm has a market capitalization of $2.82 trillion, a PE ratio of 30.50, a PEG ratio of 2.21 and a beta of 0.92.

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.

GOOGL stock traded down $7.91 during trading on Friday, hitting $154.33. The company had a trading volume of 48,610,349 shares, compared to its average volume of 27,276,841. The business has a 50 day moving average of $179.66 and a 200 day moving average of $176.72. The firm has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 19.17, a P/E/G ratio of 1.34 and a beta of 1.02. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03. Alphabet has a fifty-two week low of $147.22 and a fifty-two week high of $207.05.