Large Cap Stocks To Watch Now – May 9th

Tesla, NVIDIA, Invesco QQQ, Palantir Technologies, and Apple are the five Large Cap stocks to watch today, according to MarketBeat’s stock screener tool. Large-cap stocks are shares of companies with a large market capitalization—typically $10 billion or more—calculated by multiplying the current share price by the total number of outstanding shares. These firms tend to be well-established, financially stable, and often pay regular dividends. Because of their size and track record, large-cap stocks usually exhibit lower volatility than smaller-cap counterparts. These companies had the highest dollar trading volume of any Large Cap stocks within the last several days.

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.

TSLA traded up $12.23 during trading on Friday, hitting $297.05. 111,997,484 shares of the stock traded hands, compared to its average volume of 95,954,656. The firm has a 50-day moving average of $258.13 and a 200 day moving average of $326.09. Tesla has a 12-month low of $167.41 and a 12-month high of $488.54. The firm has a market capitalization of $956.78 billion, a P/E ratio of 145.61, a price-to-earnings-growth ratio of 5.86 and a beta of 2.43. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61.

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 NVIDIA stock traded down $0.72 during trading on Friday, reaching $116.65. 103,793,841 shares of the stock were exchanged, compared to its average volume of 296,699,609. NVIDIA has a 1 year low of $86.62 and a 1 year high of $195.95. The firm has a market cap of $2.85 trillion, a price-to-earnings ratio of 45.91, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The stock’s fifty day moving average is $110.28 and its 200 day moving average is $127.55.

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.

NASDAQ QQQ traded down $0.17 on Friday, hitting $488.12. The company’s stock had a trading volume of 20,963,387 shares, compared to its average volume of 36,404,465. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $540.81. The firm has a market cap of $305.88 billion, a P/E ratio of 28.58 and a beta of 1.11. The company’s 50-day simple moving average is $467.93 and its 200 day simple moving average is $499.29.

Palantir Technologies (PLTR)

Palantir Technologies, Inc. engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.

NASDAQ:PLTR traded down $3.21 during trading hours on Friday, hitting $115.94. The company had a trading volume of 65,184,733 shares, compared to its average volume of 75,734,409. The stock has a 50-day moving average price of $93.57 and a 200 day moving average price of $81.48. Palantir Technologies has a 52 week low of $20.50 and a 52 week high of $125.41. The company has a market capitalization of $271.92 billion, a PE ratio of 610.24, a price-to-earnings-growth ratio of 10.84 and a beta of 2.68.

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.

AAPL traded up $1.54 on Friday, hitting $199.03. The company had a trading volume of 23,373,415 shares, compared to its average volume of 55,995,447. Apple has a 52-week low of $169.21 and a 52-week high of $260.10. The firm has a market capitalization of $2.99 trillion, a P/E ratio of 31.59, a P/E/G ratio of 2.44 and a beta of 1.27. The stock has a fifty day simple moving average of $208.83 and a 200-day simple moving average of $227.64. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88.