5G Stocks To Watch Now – February 03rd

Super Micro Computer, QUALCOMM, Cisco Systems, Fortinet, Onsemi, Monolithic Power Systems, and Cadence Design Systems are the seven 5G stocks to watch today, according to MarketBeat’s stock screener tool. 5G stocks refer to stocks of companies that are involved in the development, implementation, and distribution of 5G technology. These companies may include telecommunications providers, network equipment manufacturers, semiconductor manufacturers, and other businesses that stand to benefit from the growth and adoption of 5G technology around the world. Investors interested in 5G stocks are often looking for opportunities to capitalize on the potential market growth and innovation resulting from the deployment of 5G networks. These companies had the highest dollar trading volume of any 5G stocks within the last several days.

Super Micro Computer (SMCI)

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

Super Micro Computer stock traded down $1.26 during trading on Monday, reaching $27.26. The company had a trading volume of 27,964,946 shares, compared to its average volume of 32,737,566. Super Micro Computer has a 1-year low of $17.25 and a 1-year high of $122.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The firm’s 50-day simple moving average is $33.91 and its 200 day simple moving average is $42.64. The firm has a market capitalization of $15.96 billion, a PE ratio of 13.77 and a beta of 1.30.

QUALCOMM (QCOM)

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

Shares of QCOM stock traded down $2.04 on Monday, hitting $170.89. 3,149,916 shares of the stock traded hands, compared to its average volume of 7,275,902. The stock has a market capitalization of $189.86 billion, a PE ratio of 19.00, a PEG ratio of 2.87 and a beta of 1.25. QUALCOMM has a twelve month low of $141.21 and a twelve month high of $230.63. The firm’s 50-day moving average price is $160.76 and its two-hundred day moving average price is $166.19. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.79 and a current ratio of 2.40.

Cisco Systems (CSCO)

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

Shares of CSCO stock traded up $0.56 during trading hours on Monday, reaching $61.16. 5,489,102 shares of the stock were exchanged, compared to its average volume of 18,339,943. The business’s fifty day moving average is $59.44 and its two-hundred day moving average is $54.58. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.88 and a quick ratio of 0.80. Cisco Systems has a 12-month low of $44.50 and a 12-month high of $62.31. The firm has a market capitalization of $243.58 billion, a P/E ratio of 26.23, a P/E/G ratio of 4.51 and a beta of 0.84.

Fortinet (FTNT)

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.

FTNT traded down $0.45 on Monday, reaching $100.43. The company’s stock had a trading volume of 2,102,656 shares, compared to its average volume of 3,979,435. The stock has a 50 day moving average of $96.42 and a two-hundred day moving average of $83.31. The company has a quick ratio of 1.25, a current ratio of 1.34 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $76.97 billion, a price-to-earnings ratio of 50.55, a P/E/G ratio of 2.65 and a beta of 1.01. Fortinet has a fifty-two week low of $54.57 and a fifty-two week high of $102.87.

Onsemi (ON)

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.

Shares of ON stock traded down $1.51 during trading hours on Monday, hitting $50.83. The stock had a trading volume of 3,510,789 shares, compared to its average volume of 8,835,892. The firm has a market capitalization of $21.64 billion, a PE ratio of 12.62, a PEG ratio of 10.02 and a beta of 1.62. Onsemi has a twelve month low of $49.80 and a twelve month high of $85.16. The stock’s 50 day moving average is $62.57 and its 200 day moving average is $68.28. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.07 and a quick ratio of 2.02.

Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

Shares of Monolithic Power Systems stock traded down $0.42 during trading hours on Monday, hitting $636.95. 260,515 shares of the company were exchanged, compared to its average volume of 820,770. Monolithic Power Systems has a 1 year low of $546.71 and a 1 year high of $959.64. The business has a 50-day moving average of $609.43 and a 200-day moving average of $759.83. The stock has a market capitalization of $31.07 billion, a price-to-earnings ratio of 71.70, a P/E/G ratio of 2.44 and a beta of 1.03.

Cadence Design Systems (CDNS)

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.

NASDAQ:CDNS traded down $0.55 during trading hours on Monday, hitting $297.07. The company’s stock had a trading volume of 469,682 shares, compared to its average volume of 1,548,091. The business’s 50-day moving average is $305.30 and its two-hundred day moving average is $284.40. The company has a market capitalization of $81.48 billion, a PE ratio of 77.83, a PEG ratio of 3.42 and a beta of 1.03. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.27 and a current ratio of 2.45. Cadence Design Systems has a 52-week low of $241.29 and a 52-week high of $328.99.