Large Cap Stocks Worth Watching – April 16th

NVIDIA, Tesla, Invesco QQQ, Palantir Technologies, Apple, Meta Platforms, and Amazon.com are the seven Large Cap stocks to watch today, according to MarketBeat’s stock screener tool. Large cap stocks are shares of companies that have a large market capitalization, typically valued at over $10 billion. These companies often have established business models, steady earnings, and lower volatility compared to smaller firms. As a result, large cap stocks are generally considered safer investments, appealing to conservative investors seeking stability in their portfolios. 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.

Shares of NVDA traded down $9.66 during mid-day trading on Wednesday, hitting $102.54. The stock had a trading volume of 242,966,670 shares, compared to its average volume of 313,015,876. The firm has a market cap of $2.50 trillion, a P/E ratio of 40.35, a PEG ratio of 1.76 and a beta of 1.96. NVIDIA has a 52 week low of $75.61 and a 52 week high of $195.95. 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 business has a fifty day moving average price of $118.34 and a 200-day moving average price of $130.20.

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.

Shares of TSLA stock traded down $13.06 during trading on Wednesday, reaching $241.05. 64,167,041 shares of the company’s stock traded hands, compared to its average volume of 105,748,531. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. Tesla has a 1 year low of $138.80 and a 1 year high of $488.54. The company has a market capitalization of $775.34 billion, a P/E ratio of 118.16, a PEG ratio of 5.86 and a beta of 2.58. The firm’s 50-day moving average is $280.27 and its 200 day moving average is $323.03.

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 QQQ stock traded down $14.69 during trading hours on Wednesday, reaching $443.30. The stock had a trading volume of 26,611,630 shares, compared to its average volume of 36,673,062. The stock’s fifty day simple moving average is $487.51 and its 200 day simple moving average is $502.02. The firm has a market capitalization of $284.22 billion, a PE ratio of 30.05 and a beta of 1.11. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $540.81.

Palantir Technologies (PLTR)

Palantir Technologies, Inc. engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.

Shares of PLTR traded down $7.43 during trading hours on Wednesday, reaching $90.97. 87,470,441 shares of the company’s stock traded hands, compared to its average volume of 72,084,634. The firm’s 50 day simple moving average is $92.38 and its 200-day simple moving average is $73.83. The stock has a market cap of $213.36 billion, a PE ratio of 478.81, a price-to-earnings-growth ratio of 10.84 and a beta of 2.74. Palantir Technologies has a 12 month low of $20.33 and a 12 month high of $125.41.

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 $7.77 during midday trading on Wednesday, hitting $194.37. The company had a trading volume of 33,782,975 shares, compared to its average volume of 56,779,905. The stock’s fifty day moving average price is $221.65 and its 200-day moving average price is $230.79. Apple has a 52-week low of $164.08 and a 52-week 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 has a market capitalization of $2.92 trillion, a PE ratio of 30.85, a P/E/G ratio of 2.44 and a beta of 1.26.

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 Meta Platforms stock traded down $19.93 during trading on Wednesday, hitting $501.59. 11,375,352 shares of the stock traded hands, compared to its average volume of 14,770,749. The stock has a market cap of $1.27 trillion, a price-to-earnings ratio of 20.97, a PEG ratio of 1.42 and a beta of 1.28. The firm’s fifty day moving average is $621.07 and its 200-day moving average is $608.54. 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 52 week low of $414.50 and a 52 week high of $740.91.

Amazon.com (AMZN)

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

Shares of AMZN stock traded down $6.44 during trading hours on Wednesday, hitting $173.15. 26,057,155 shares of the company’s stock were exchanged, compared to its average volume of 41,558,816. Amazon.com has a 12-month low of $151.61 and a 12-month high of $242.52. The company has a market capitalization of $1.83 trillion, a PE ratio of 31.31, a PEG ratio of 1.50 and a beta of 1.39. The business’s 50 day simple moving average is $201.96 and its 200-day simple moving average is $208.30. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.