Promising Large Cap Stocks Worth Watching – April 21st

NVIDIA, Tesla, and Invesco QQQ are the three Large Cap stocks to watch today, according to MarketBeat’s stock screener tool. Large cap stocks refer to the shares of companies with a high market capitalization, typically over $10 billion. These stocks often represent well-established companies known for their stability and less volatile performance compared to smaller firms, making them a popular choice among conservative and institutional investors. These companies had the highest dollar trading volume of any Large Cap 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.

NASDAQ NVDA traded down $6.15 on Monday, hitting $95.34. 196,740,227 shares of the company’s stock were exchanged, compared to its average volume of 309,338,768. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. NVIDIA has a fifty-two week low of $76.40 and a fifty-two week high of $195.95. The firm has a market cap of $2.33 trillion, a price-to-earnings ratio of 37.52, a P/E/G ratio of 1.76 and a beta of 1.96. The firm’s 50-day moving average price is $116.56 and its two-hundred day moving average price is $129.90.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ:TSLA traded down $17.88 during trading hours on Monday, hitting $223.49. The company’s stock had a trading volume of 69,467,230 shares, compared to its average volume of 95,936,890. Tesla has a 52-week low of $138.80 and a 52-week high of $488.54. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. The business’s 50-day moving average is $273.93 and its two-hundred day moving average is $323.29. The company has a market capitalization of $718.86 billion, a PE ratio of 109.55, a PEG ratio of 5.86 and a beta of 2.58.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

Shares of NASDAQ:QQQ traded down $15.90 on Monday, reaching $428.20. 29,237,589 shares of the company were exchanged, compared to its average volume of 36,452,396. The company has a 50-day moving average of $482.54 and a 200-day moving average of $501.33. The firm has a market cap of $273.47 billion, a price-to-earnings ratio of 28.58 and a beta of 1.18. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $540.81.