5G Stocks To Research – March 12th

Super Micro Computer, Cisco Systems, QUALCOMM, Teradyne, Cadence Design Systems, Fortinet, and Monolithic Power Systems are the seven 5G stocks to watch today, according to MarketBeat’s stock screener tool. 5G stocks are shares of companies that are either directly involved in developing or deploying 5G technology or that are expected to benefit from its rollout. These companies may include telecommunications providers, manufacturers of network infrastructure, device makers, and chip producers, all of which stand to capitalize on faster data speeds, increased connectivity, and the growth of the Internet of Things enabled by 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.

NASDAQ:SMCI traded up $1.70 during midday trading on Wednesday, reaching $42.54. 52,761,659 shares of the company traded hands, compared to its average volume of 78,091,047. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The company has a fifty day moving average price of $37.41 and a 200 day moving average price of $38.32. The firm has a market capitalization of $25.24 billion, a price-to-earnings ratio of 21.45 and a beta of 1.21. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $119.80.

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.

NASDAQ CSCO traded down $0.04 on Wednesday, reaching $60.63. 5,625,959 shares of the stock traded hands, compared to its average volume of 20,001,852. The firm’s fifty day simple moving average is $61.72 and its 200 day simple moving average is $57.60. The company has a market cap of $241.22 billion, a price-to-earnings ratio of 26.49, a P/E/G ratio of 4.16 and a beta of 0.79. Cisco Systems has a 12 month low of $44.50 and a 12 month high of $66.50. The company has a quick ratio of 0.79, a current ratio of 0.87 and a debt-to-equity ratio of 0.43.

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.

NASDAQ QCOM traded up $1.00 on Wednesday, reaching $154.10. The company’s stock had a trading volume of 1,897,832 shares, compared to its average volume of 8,282,763. The firm’s 50 day moving average is $164.76 and its two-hundred day moving average is $164.78. The stock has a market cap of $170.44 billion, a PE ratio of 16.49, a PEG ratio of 2.01 and a beta of 1.28. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.99 and a current ratio of 2.62. QUALCOMM has a twelve month low of $149.43 and a twelve month high of $230.63.

Teradyne (TER)

Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.

Shares of TER traded down $0.26 during mid-day trading on Wednesday, reaching $86.81. The company’s stock had a trading volume of 2,336,142 shares, compared to its average volume of 2,891,487. Teradyne has a 1 year low of $82.98 and a 1 year high of $163.21. The company has a market cap of $14.04 billion, a price-to-earnings ratio of 26.07, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. The business has a fifty day moving average of $120.09 and a 200 day moving average of $121.19.

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.

Cadence Design Systems stock traded up $8.23 during mid-day trading on Wednesday, hitting $242.48. The company’s stock had a trading volume of 823,044 shares, compared to its average volume of 1,773,781. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.93 and a quick ratio of 2.27. Cadence Design Systems has a 52-week low of $230.09 and a 52-week high of $328.99. The firm’s 50 day moving average is $286.00 and its 200 day moving average is $284.88. The company has a market cap of $66.46 billion, a PE ratio of 62.82, a price-to-earnings-growth ratio of 3.88 and a beta of 1.05.

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.

Shares of FTNT stock traded up $0.25 during trading on Wednesday, hitting $98.53. 1,131,853 shares of the company were exchanged, compared to its average volume of 4,807,612. The business’s 50-day simple moving average is $102.15 and its 200 day simple moving average is $91.36. Fortinet has a twelve month low of $54.57 and a twelve month high of $114.82. The firm has a market capitalization of $75.77 billion, a price-to-earnings ratio of 43.64, a P/E/G ratio of 4.19 and a beta of 0.97. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.39 and a current ratio of 1.47.

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.

MPWR stock traded up $15.27 during midday trading on Wednesday, reaching $585.62. The company had a trading volume of 158,539 shares, compared to its average volume of 887,576. The company has a 50 day moving average of $637.14 and a two-hundred day moving average of $722.65. Monolithic Power Systems has a 1 year low of $546.71 and a 1 year high of $959.64. The company has a market capitalization of $28.03 billion, a P/E ratio of 15.94, a PEG ratio of 2.60 and a beta of 1.03.