5G Stocks To Follow Now – March 27th

Super Micro Computer, Cisco Systems, QUALCOMM, Cadence Design Systems, Fortinet, Monolithic Power Systems, and Onsemi are the seven 5G stocks to watch today, according to MarketBeat’s stock screener tool. 5G stocks are shares of companies that are involved in the development, production, and deployment of 5G technology and its associated infrastructure. These companies include network equipment manufacturers, telecom service providers, and various tech firms that are capitalizing on the rollout of high-speed, low-latency 5G networks. 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.

NASDAQ SMCI traded down $0.61 during trading on Thursday, hitting $36.43. 23,163,967 shares of the company traded hands, compared to its average volume of 72,980,283. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. Super Micro Computer has a 12 month low of $17.25 and a 12 month high of $106.90. The business has a fifty day simple moving average of $39.19 and a 200 day simple moving average of $37.81. The company has a market capitalization of $21.62 billion, a P/E ratio of 18.20 and a beta of 1.21.

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 traded down $0.17 during trading on Thursday, reaching $61.63. 5,387,159 shares of the company’s stock were exchanged, compared to its average volume of 18,026,765. Cisco Systems has a fifty-two week low of $44.50 and a fifty-two week high of $66.50. The company has a market capitalization of $245.19 billion, a P/E ratio of 26.91, a PEG ratio of 4.16 and a beta of 0.79. The company has a quick ratio of 0.79, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. The business has a 50 day moving average price of $62.07 and a 200 day moving average price of $58.36.

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.

Shares of QUALCOMM stock traded down $0.36 during trading on Thursday, hitting $158.03. 1,546,450 shares of the company’s stock traded hands, compared to its average volume of 7,653,067. QUALCOMM has a twelve month low of $149.43 and a twelve month 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 $174.78 billion, a PE ratio of 16.88, a PEG ratio of 2.01 and a beta of 1.28. The firm’s fifty day moving average price is $164.47 and its 200 day moving average price is $163.92.

Cadence Design Systems (CDNS)

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.

Shares of CDNS stock traded down $0.77 during trading hours on Thursday, hitting $262.65. The company had a trading volume of 561,163 shares, compared to its average volume of 2,113,779. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.27 and a current ratio of 2.93. The firm has a market capitalization of $71.99 billion, a price-to-earnings ratio of 68.04, a PEG ratio of 3.88 and a beta of 1.05. Cadence Design Systems has a 12 month low of $230.09 and a 12 month high of $328.99. The firm’s fifty day moving average is $276.25 and its 200 day moving average is $284.31.

Fortinet (FTNT)

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.

Fortinet stock traded down $0.40 during mid-day trading on Thursday, hitting $100.61. 1,205,912 shares of the company were exchanged, compared to its average volume of 4,782,864. The company has a market capitalization of $77.37 billion, a PE ratio of 44.40, a price-to-earnings-growth ratio of 4.19 and a beta of 0.97. The business has a fifty day moving average of $102.81 and a 200 day moving average of $92.95. Fortinet has a 1-year low of $54.57 and a 1-year high of $114.82. The company has a quick ratio of 1.39, a current ratio of 1.47 and a debt-to-equity ratio of 0.67.

Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

MPWR stock traded down $1.34 during trading on Thursday, hitting $599.13. 154,853 shares of the stock traded hands, compared to its average volume of 685,497. The stock has a market cap of $28.68 billion, a price-to-earnings ratio of 16.27, a P/E/G ratio of 2.60 and a beta of 1.03. Monolithic Power Systems has a one year low of $546.71 and a one year high of $959.64. The company has a 50 day simple moving average of $637.94 and a 200 day simple moving average of $702.15.

Onsemi (ON)

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.

Shares of NASDAQ:ON traded down $0.80 during trading on Thursday, reaching $44.24. The stock had a trading volume of 1,979,918 shares, compared to its average volume of 6,839,133. The stock has a market capitalization of $18.64 billion, a PE ratio of 12.16, a P/E/G ratio of 16.74 and a beta of 1.59. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.06 and a quick ratio of 3.38. Onsemi has a 52 week low of $41.59 and a 52 week high of $80.08. The business’s 50-day moving average price is $49.39 and its 200 day moving average price is $61.58.