Top Technology Stocks To Keep An Eye On – April 3rd

NVIDIA, Apple, Meta Platforms, Microsoft, Alphabet, Broadcom, and Alibaba Group are the seven Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks refer to shares of companies that specialize in the development, production, or distribution of technology goods and services. These companies often operate in areas such as software, hardware, semiconductors, and internet-related services, and their value is typically driven by rapid innovation and shifts in market trends. 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 NVDA traded down $7.55 during mid-day trading on Thursday, hitting $102.87. 221,743,399 shares of the company were exchanged, compared to its average volume of 312,555,471. The stock has a market cap of $2.51 trillion, a price-to-earnings ratio of 40.48, a price-to-earnings-growth ratio of 1.76 and a beta of 1.77. NVIDIA has a 1-year low of $75.61 and a 1-year high of $195.95. The company has a 50 day moving average of $123.07 and a 200-day moving average of $131.32. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10.

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.

Shares of NASDAQ:AAPL traded down $19.89 during trading on Thursday, reaching $204.00. The stock had a trading volume of 60,393,232 shares, compared to its average volume of 54,835,181. The business has a fifty day moving average price of $230.55 and a 200-day moving average price of $233.36. Apple has a 1-year low of $164.08 and a 1-year 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 market cap of $3.06 trillion, a PE ratio of 32.38, a PEG ratio of 2.44 and a beta of 1.18.

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 $40.31 during trading hours on Thursday, reaching $543.62. 22,094,150 shares of the company’s stock were exchanged, compared to its average volume of 14,324,825. The business has a fifty day moving average of $653.10 and a two-hundred day moving average of $610.50. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $1.38 trillion, a P/E ratio of 22.73, a price-to-earnings-growth ratio of 1.42 and a beta of 1.28. Meta Platforms has a 1 year low of $414.50 and a 1 year high of $740.91.

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 down $5.81 during trading hours on Thursday, hitting $376.33. 15,961,232 shares of the company’s stock traded hands, compared to its average volume of 20,572,938. The company has a market capitalization of $2.80 trillion, a PE ratio of 30.30, a PEG ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft has a 52-week low of $367.24 and a 52-week high of $468.35. The firm’s 50-day moving average is $402.24 and its 200-day moving average is $418.11.

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.

Shares of Alphabet stock traded down $5.54 on Thursday, hitting $151.50. 26,418,434 shares of the company were exchanged, compared to its average volume of 27,382,693. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.03. The company has a 50-day moving average price of $177.19 and a 200 day moving average price of $176.95. The stock has a market capitalization of $1.85 trillion, a price-to-earnings ratio of 18.82, a price-to-earnings-growth ratio of 1.34 and a beta of 1.03. Alphabet has a 1-year low of $147.22 and a 1-year high of $207.05.

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.

Broadcom stock traded down $14.94 during trading on Thursday, reaching $157.15. 20,794,751 shares of the company were exchanged, compared to its average volume of 30,350,268. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.17 and a quick ratio of 1.07. The stock’s 50 day simple moving average is $205.27 and its two-hundred day simple moving average is $196.37. The company has a market capitalization of $738.91 billion, a P/E ratio of 128.18, a PEG ratio of 2.29 and a beta of 1.01. Broadcom has a 52-week low of $119.76 and a 52-week high of $251.88.

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Shares of NYSE BABA traded up $0.05 during trading on Thursday, hitting $129.84. 22,436,698 shares of the company were exchanged, compared to its average volume of 19,447,868. The company has a fifty day moving average price of $124.35 and a 200-day moving average price of $103.55. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.48 and a current ratio of 1.48. The firm has a market capitalization of $308.40 billion, a PE ratio of 18.76, a P/E/G ratio of 0.61 and a beta of 0.24. Alibaba Group has a 12-month low of $68.36 and a 12-month high of $148.43.