Best Technology Stocks To Watch Today – February 10th

NVIDIA, Meta Platforms, and Super Micro Computer are the three Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares in companies that operate in the technology sector, which includes businesses involved in the development, manufacturing, or distribution of technology-related products and services. These stocks are often popular among investors seeking growth potential due to the rapid pace of innovation and technological advancements in the industry. 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 $4.73 during mid-day trading on Monday, reaching $134.57. 145,116,680 shares of the company’s stock traded hands, compared to its average volume of 287,005,281. NVIDIA has a 12 month low of $66.25 and a 12 month high of $153.13. The stock has a market cap of $3.30 trillion, a P/E ratio of 52.92, a P/E/G ratio of 1.62 and a beta of 1.62. The stock’s 50-day moving average is $135.31 and its two-hundred day moving average is $129.55. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64.

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.

Shares of Meta Platforms stock traded down $0.24 on Monday, hitting $714.28. 8,223,770 shares of the company traded hands, compared to its average volume of 15,710,310. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.81 trillion, a PE ratio of 29.84, a PEG ratio of 1.46 and a beta of 1.20. The stock’s 50 day moving average price is $627.23 and its 200-day moving average price is $575.09. Meta Platforms has a 52 week low of $414.50 and a 52 week high of $725.01.

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.

Shares of SMCI stock traded up $4.97 during mid-day trading on Monday, hitting $41.25. The stock had a trading volume of 90,783,131 shares, compared to its average volume of 40,375,676. Super Micro Computer has a 12-month low of $17.25 and a 12-month high of $122.90. The firm’s 50-day moving average is $33.55 and its two-hundred day moving average is $40.94. The firm has a market capitalization of $24.16 billion, a P/E ratio of 20.64 and a beta of 1.30. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93.