Top Technology Stocks To Consider – February 06th

NVIDIA, Meta Platforms, Advanced Micro Devices, Apple, Microsoft, Alphabet, and Salesforce are the seven Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares of companies that are primarily focused on the development, production, and innovation of technology-related products and services. These stocks are often associated with companies involved in industries such as computing, software development, telecommunications, and electronics. Investing in technology stocks can offer potential for high growth and returns, but also comes with higher levels of risk and volatility compared to traditional stocks. 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 NVDA traded up $3.47 during trading hours on Thursday, hitting $128.30. The stock had a trading volume of 162,465,150 shares, compared to its average volume of 291,499,750. The firm has a 50 day simple moving average of $135.62 and a 200-day simple moving average of $129.35. NVIDIA has a 1-year low of $66.25 and a 1-year high of $153.13. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The firm has a market capitalization of $3.14 trillion, a P/E ratio of 50.50, a price-to-earnings-growth ratio of 2.16 and a beta of 1.62.

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.

Meta Platforms stock traded up $4.83 during mid-day trading on Thursday, reaching $709.70. The stock had a trading volume of 8,586,120 shares, compared to its average volume of 15,801,021. The firm has a market capitalization of $1.79 trillion, a PE ratio of 29.66, a price-to-earnings-growth ratio of 1.47 and a beta of 1.20. Meta Platforms has a fifty-two week low of $414.50 and a fifty-two week high of $718.90. The stock’s 50-day simple moving average is $621.57 and its 200-day simple moving average is $571.15. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98.

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.

AMD traded down $1.62 during trading on Thursday, hitting $110.39. 33,996,067 shares of the company’s stock were exchanged, compared to its average volume of 42,752,734. Advanced Micro Devices has a fifty-two week low of $106.50 and a fifty-two week high of $227.30. The stock has a market cap of $179.15 billion, a P/E ratio of 99.46, a PEG ratio of 1.03 and a beta of 1.66. The business’s 50 day moving average is $124.53 and its two-hundred day moving average is $140.39. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03.

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 AAPL traded up $0.12 on Thursday, reaching $232.59. The company’s stock had a trading volume of 15,633,017 shares, compared to its average volume of 57,212,207. Apple has a twelve month low of $164.07 and a twelve month high of $260.10. The stock has a market capitalization of $3.50 trillion, a PE ratio of 36.90, a PEG ratio of 2.36 and a beta of 1.20. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. The firm has a fifty day moving average of $241.49 and a 200-day moving average of $230.96.

Microsoft (MSFT)

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.

Shares of Microsoft stock traded up $2.38 on Thursday, hitting $415.67. The company had a trading volume of 7,868,432 shares, compared to its average volume of 22,194,873. Microsoft has a 1 year low of $385.58 and a 1 year high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock has a 50 day moving average of $431.86 and a 200-day moving average of $423.85. The stock has a market capitalization of $3.09 trillion, a price-to-earnings ratio of 33.45, a P/E/G ratio of 2.21 and a beta of 0.90.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

NASDAQ GOOGL traded up $0.30 on Thursday, reaching $191.63. The company had a trading volume of 16,680,175 shares, compared to its average volume of 27,428,393. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $2.35 trillion, a P/E ratio of 25.37, a P/E/G ratio of 1.31 and a beta of 0.99. The company’s fifty day moving average is $190.83 and its 200 day moving average is $174.52. Alphabet has a 52-week low of $130.66 and a 52-week high of $207.05.

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.

Shares of CRM stock traded down $15.73 on Thursday, hitting $332.20. The stock had a trading volume of 8,322,566 shares, compared to its average volume of 6,181,832. Salesforce has a 12-month low of $212.00 and a 12-month high of $369.00. The stock has a market cap of $317.92 billion, a price-to-earnings ratio of 54.66, a price-to-earnings-growth ratio of 3.09 and a beta of 1.31. The business has a 50 day moving average of $339.04 and a 200 day moving average of $299.65. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.11.