Top Large Cap Stocks To Consider – November 5th

Invesco QQQ, Micron Technology, NVIDIA, Advanced Micro Devices, Sandisk, Tesla, and SpaceX are the seven Large Cap stocks to watch today, according to MarketBeat’s stock screener tool. Large-cap stocks are shares of companies with a large total market value, typically around $10 billion or more, though exact thresholds vary. Investors often view these companies as more established and potentially less volatile than smaller-cap companies, but their stocks can still lose value. These companies had the highest dollar trading volume of any Large Cap stocks within the last several days.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

Shares of NASDAQ:QQQ traded down $35.37 during midday trading on Thursday, reaching $656.58. The company’s stock had a trading volume of 93,282,060 shares, compared to its average volume of 47,954,250. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $762.86. The firm has a 50 day moving average price of $723.55 and a two-hundred day moving average price of $679.96.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

NASDAQ MU traded down $104.81 during trading hours on Thursday, hitting $690.42. The company’s stock had a trading volume of 55,817,937 shares, compared to its average volume of 40,280,875. The company’s 50-day simple moving average is $972.16 and its two-hundred day simple moving average is $751.90. Micron Technology has a 52 week low of $192.59 and a 52 week high of $1,255.00. The company has a market capitalization of $781.16 billion, a PE ratio of 9.34, a price-to-earnings-growth ratio of 0.15 and a beta of 2.36. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03.

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.

NVDA stock traded down $15.81 during mid-day trading on Thursday, hitting $184.31. The company had a trading volume of 207,316,504 shares, compared to its average volume of 148,644,703. The stock’s fifty day moving average price is $221.19 and its two-hundred day moving average price is $204.51. NVIDIA has a 12 month low of $164.27 and a 12 month high of $243.37. The firm has a market cap of $4.44 trillion, a PE ratio of 23.40, a price-to-earnings-growth ratio of 1.59 and a beta of 2.21. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59.

Advanced Micro Devices (AMD)

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.

Shares of AMD traded down $67.54 during midday trading on Thursday, hitting $421.24. 49,255,654 shares of the company traded hands, compared to its average volume of 31,870,623. The stock has a 50-day moving average of $548.90 and a 200-day moving average of $413.03. The firm has a market cap of $687.66 billion, a P/E ratio of 91.69, a PEG ratio of 4.97 and a beta of 2.49. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. Advanced Micro Devices has a one year low of $188.22 and a one year high of $658.52.

Sandisk (SNDK)

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components.

NASDAQ:SNDK traded down $184.35 during midday trading on Thursday, hitting $853.05. The company had a trading volume of 23,471,246 shares, compared to its average volume of 14,766,489. The stock’s fifty day moving average price is $1,531.29 and its 200-day moving average price is $1,261.10. Sandisk has a 52-week low of $183.00 and a 52-week high of $2,354.39. The company has a market capitalization of $121.38 billion, a PE ratio of 6.89, a P/E/G ratio of 0.09 and a beta of 5.66.

Sandisk shares are scheduled to split before the market opens on Friday, November 20th. The 8-1 split was announced on Thursday, October 29th. The newly issued shares will be payable to shareholders after the closing bell on Thursday, November 19th.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of Tesla stock traded down $40.81 on Thursday, hitting $344.38. The stock had a trading volume of 56,905,517 shares, compared to its average volume of 50,171,441. The stock’s 50-day simple moving average is $372.12 and its two-hundred day simple moving average is $385.12. Tesla has a one year low of $297.38 and a one year high of $498.83. The stock has a market cap of $1.36 trillion, a price-to-earnings ratio of 380.19, a PEG ratio of 24.68 and a beta of 1.74. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09.

SpaceX (SPCX)

Our mission is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars. To do this, we have formed the most ambitious, vertically integrated innovation engine on (and off) Earth with unmatched capabilities to rapidly manufacture and launch space-based communications that connect the world, to harness the Sun to power a truth-seeking artificial intelligence that advances scientific discovery, and ultimately to build a base on the Moon and cities on other planets.

Shares of SPCX stock traded down $9.73 during trading hours on Thursday, reaching $126.19. The company’s stock had a trading volume of 129,078,326 shares, compared to its average volume of 103,232,891. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.08 and a quick ratio of 3.00. The business’s fifty day moving average is $149.64. The company has a market capitalization of $1.71 trillion and a PE ratio of 486.34. SpaceX has a one year low of $104.83 and a one year high of $225.64.