Promising Technology Stocks To Add to Your Watchlist – March 15th

NVIDIA, Apple, Microsoft, Meta Platforms, Alphabet, Broadcom, and Intel are the seven Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares of companies that primarily develop, produce, or offer technology-based goods and services, such as software, hardware, semiconductors, and internet services. These stocks are often characterized by rapid innovation, high growth potential, and volatility driven by shifts in consumer trends and competitive landscapes. 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 NVIDIA stock traded up $6.09 on Friday, hitting $121.67. 276,579,395 shares of the company traded hands, compared to its average volume of 322,660,704. The stock’s 50 day moving average price is $129.26 and its 200-day moving average price is $131.17. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. NVIDIA has a 52 week low of $75.61 and a 52 week high of $153.13. The company has a market cap of $2.97 trillion, a PE ratio of 47.88, a PEG 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.

NASDAQ:AAPL traded up $3.81 during trading hours on Friday, reaching $213.49. The company’s stock had a trading volume of 60,053,874 shares, compared to its average volume of 53,326,423. The company has a market capitalization of $3.21 trillion, a P/E ratio of 33.89, a price-to-earnings-growth ratio of 2.44 and a beta of 1.18. Apple has a 12 month low of $164.08 and a 12 month high of $260.10. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. The stock has a 50 day moving average price of $234.52 and a two-hundred day moving average price of $233.73.

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.

NASDAQ:MSFT traded up $9.79 during trading hours on Friday, reaching $388.56. The company’s stock had a trading volume of 19,927,063 shares, compared to its average volume of 23,347,061. The company has a market capitalization of $2.89 trillion, a P/E ratio of 31.29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft has a 12 month low of $376.91 and a 12 month high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock has a 50 day moving average price of $412.43 and a two-hundred day moving average price of $420.55.

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.

NASDAQ:META traded up $16.96 during trading hours on Friday, reaching $607.60. The company’s stock had a trading volume of 12,340,889 shares, compared to its average volume of 13,668,982. The company has a market capitalization of $1.54 trillion, a P/E ratio of 25.40, a price-to-earnings-growth ratio of 1.42 and a beta of 1.23. Meta Platforms has a 12 month low of $414.50 and a 12 month high of $740.91. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98. The stock has a 50 day moving average price of $658.01 and a two-hundred day moving average price of $602.61.

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.

NASDAQ GOOGL traded up $2.73 on Friday, hitting $165.49. The stock had a trading volume of 31,966,064 shares, compared to its average volume of 30,160,998. The business’s fifty day moving average price is $185.70 and its 200 day moving average price is $176.38. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84. Alphabet has a 52-week low of $140.03 and a 52-week high of $207.05. The stock has a market cap of $2.02 trillion, a price-to-earnings ratio of 20.56, a price-to-earnings-growth ratio of 1.34 and a beta of 1.02.

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.

NASDAQ AVGO traded up $4.18 on Friday, hitting $195.54. The stock had a trading volume of 25,878,856 shares, compared to its average volume of 29,375,427. The business’s fifty day moving average price is $218.12 and its 200 day moving average price is $193.68. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. Broadcom has a 52-week low of $119.76 and a 52-week high of $251.88. The stock has a market cap of $919.42 billion, a price-to-earnings ratio of 159.50, a price-to-earnings-growth ratio of 2.29 and a beta of 1.01.

Intel (INTC)

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.

NASDAQ INTC traded up $0.35 on Friday, hitting $24.05. The stock had a trading volume of 116,504,591 shares, compared to its average volume of 102,714,805. The business’s fifty day moving average price is $21.45 and its 200 day moving average price is $21.84. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98. Intel has a 52-week low of $18.51 and a 52-week high of $45.41. The stock has a market cap of $104.14 billion, a price-to-earnings ratio of -5.49 and a beta of 1.02.