Artificial Intelligence Stocks To Watch Now – March 6th

Super Micro Computer, Salesforce, ServiceNow, Snowflake, and QUALCOMM are the five Artificial Intelligence stocks to watch today, according to MarketBeat’s stock screener tool. Artificial intelligence stocks are shares in companies that specialize in developing, implementing, or enabling AI technologies. These stocks allow investors to tap into the growth of AI innovations, often found in industries ranging from tech and healthcare to automotive and beyond. These companies had the highest dollar trading volume of any Artificial Intelligence 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.

Shares of NASDAQ:SMCI traded down $1.65 during trading on Thursday, reaching $37.25. 40,552,067 shares of the company’s stock traded hands, compared to its average volume of 78,091,773. The stock has a market capitalization of $22.11 billion, a P/E ratio of 18.67 and a beta of 1.21. The company has a 50 day moving average of $36.89 and a 200-day moving average of $38.97. Super Micro Computer has a 12 month low of $17.25 and a 12 month high of $122.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

NYSE CRM traded up $0.71 during trading hours on Thursday, hitting $292.68. The company had a trading volume of 3,899,672 shares, compared to its average volume of 6,798,656. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14. The firm has a market cap of $280.09 billion, a P/E ratio of 48.14, a price-to-earnings-growth ratio of 2.58 and a beta of 1.35. Salesforce has a fifty-two week low of $212.00 and a fifty-two week high of $369.00. The business has a fifty day simple moving average of $325.91 and a 200-day simple moving average of $308.21.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

ServiceNow stock traded down $21.90 during mid-day trading on Thursday, hitting $893.89. 534,532 shares of the company’s stock traded hands, compared to its average volume of 1,647,693. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.15. ServiceNow has a one year low of $637.99 and a one year high of $1,198.09. The firm has a 50 day moving average price of $1,026.73 and a 200 day moving average price of $984.57. The company has a market cap of $184.14 billion, a PE ratio of 130.83, a price-to-earnings-growth ratio of 4.51 and a beta of 0.99.

Snowflake (SNOW)

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.

SNOW traded down $11.74 on Thursday, reaching $165.57. The company had a trading volume of 2,850,751 shares, compared to its average volume of 5,856,404. The company has a market capitalization of $54.65 billion, a P/E ratio of -48.88 and a beta of 1.07. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.77. The company has a fifty day moving average of $173.94 and a 200-day moving average of $146.64. Snowflake has a one year low of $107.13 and a one year high of $194.40.

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 NASDAQ QCOM traded down $1.90 during mid-day trading on Thursday, reaching $155.74. 2,093,738 shares of the company traded hands, compared to its average volume of 8,328,397. The firm has a market cap of $172.25 billion, a PE ratio of 16.64, a price-to-earnings-growth ratio of 2.01 and a beta of 1.25. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.62 and a quick ratio of 1.99. QUALCOMM has a fifty-two week low of $149.43 and a fifty-two week high of $230.63. The stock has a fifty day simple moving average of $164.73 and a 200-day simple moving average of $165.29.