Best Technology Stocks To Watch Now – March 6th

NVIDIA, Apple, and Broadcom are the three Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks refer to shares of companies primarily involved in the development, production, or use of technology and digital innovations. These stocks typically include firms in sectors like software, hardware, telecommunications, and semiconductors, often reflecting high growth potential alongside greater market volatility. 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.

NASDAQ NVDA traded down $6.31 during trading on Thursday, reaching $110.99. 194,331,440 shares of the company’s stock were exchanged, compared to its average volume of 278,675,188. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. NVIDIA has a 1 year low of $75.61 and a 1 year high of $153.13. The company has a 50 day moving average price of $132.73 and a two-hundred day moving average price of $131.90. The stock has a market cap of $2.71 trillion, a P/E ratio of 43.94, a price-to-earnings-growth ratio of 1.76 and a beta of 1.77.

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.

AAPL traded down $1.98 on Thursday, reaching $233.76. The company had a trading volume of 22,216,033 shares, compared to its average volume of 53,420,712. The stock has a market capitalization of $3.51 trillion, a PE ratio of 37.19, a P/E/G ratio of 2.44 and a beta of 1.20. 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 1 year low of $164.08 and a 1 year high of $260.10. The stock has a 50-day moving average price of $238.36 and a 200-day moving average price of $233.93.

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 $11.37 during trading hours on Thursday, hitting $180.21. 26,817,625 shares of the company were exchanged, compared to its average volume of 29,519,720. The business has a 50-day moving average of $224.53 and a 200-day moving average of $192.64. The stock has a market capitalization of $844.70 billion, a price-to-earnings ratio of 147.87, a P/E/G ratio of 2.29 and a beta of 1.01. The company has a current ratio of 1.17, a quick ratio of 1.07 and a debt-to-equity ratio of 0.98. Broadcom has a 1 year low of $119.76 and a 1 year high of $251.88.