5G Stocks To Add to Your Watchlist – June 6th

Super Micro Computer, Cisco Systems, and QUALCOMM are the three 5G stocks to watch today, according to MarketBeat’s stock screener tool. 5G stocks are shares of companies involved in the rollout, manufacturing and servicing of fifth-generation wireless networks. They typically include network equipment makers, semiconductor firms supplying 5G chips, and telecom operators building or operating 5G infrastructure. Investors buy these stocks to gain exposure to the growth potential of faster, lower-latency mobile connectivity. 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.

SMCI stock traded up $1.16 on Friday, reaching $41.93. 11,770,798 shares of the company traded hands, compared to its average volume of 71,183,126. Super Micro Computer has a one year low of $17.25 and a one year high of $101.40. 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 market cap of $25.03 billion, a P/E ratio of 21.08 and a beta of 1.40. The firm has a fifty day simple moving average of $36.42 and a 200-day simple moving average of $36.74.

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.

CSCO stock traded up $1.28 on Friday, reaching $65.90. 6,815,659 shares of the company traded hands, compared to its average volume of 20,067,471. Cisco Systems has a one year low of $44.50 and a one year high of $66.50. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.79. The company has a market cap of $260.94 billion, a P/E ratio of 28.80, a price-to-earnings-growth ratio of 4.16 and a beta of 0.88. The firm has a fifty day simple moving average of $59.52 and a 200-day simple moving average of $60.27.

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.

QCOM stock traded up $2.83 on Friday, reaching $150.39. 1,518,140 shares of the company traded hands, compared to its average volume of 8,701,338. QUALCOMM has a one year low of $120.80 and a one year high of $230.63. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.62 and a quick ratio of 1.99. The company has a market cap of $165.13 billion, a P/E ratio of 16.06, a price-to-earnings-growth ratio of 2.01 and a beta of 1.26. The firm has a fifty day simple moving average of $143.69 and a 200-day simple moving average of $155.22.