Promising Technology Stocks To Research – February 03rd

NVIDIA, Meta Platforms, and Apple are the three Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks refer to shares of companies that operate in the technology sector, such as those involved in the design, development, and sale of technology products and services. These stocks are known for their potentially high growth rates and can include companies in areas such as software, hardware, internet services, and telecommunications. Investors often look to technology stocks as a way to capitalize on the rapid advancements and innovation within the industry. 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 NASDAQ NVDA traded down $2.55 during mid-day trading on Monday, reaching $117.52. The company had a trading volume of 252,568,090 shares, compared to its average volume of 294,838,188. The stock has a market cap of $2.88 trillion, a price-to-earnings ratio of 46.08, a price-to-earnings-growth ratio of 2.16 and a beta of 1.62. The business’s 50-day moving average is $136.58 and its 200-day moving average is $129.41. NVIDIA has a 52 week low of $66.25 and a 52 week high of $153.13. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13.

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 stock traded up $13.15 during mid-day trading on Monday, hitting $702.33. The stock had a trading volume of 15,271,293 shares, compared to its average volume of 15,826,662. Meta Platforms has a 12-month low of $414.50 and a 12-month high of $710.79. The firm’s 50-day moving average is $613.60 and its two-hundred day moving average is $567.04. The firm has a market capitalization of $1.77 trillion, a P/E ratio of 29.41, a price-to-earnings-growth ratio of 1.47 and a beta of 1.20. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.98 and a quick ratio of 2.98.

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 $7.92 during trading hours on Monday, hitting $228.08. The company’s stock had a trading volume of 45,005,828 shares, compared to its average volume of 59,197,445. The company has a market capitalization of $3.43 trillion, a price-to-earnings ratio of 36.20, a P/E/G ratio of 2.36 and a beta of 1.20. The firm’s fifty day moving average price is $241.68 and its 200 day moving average price is $230.86. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88. Apple has a 52 week low of $164.07 and a 52 week high of $260.10.