Technology Stocks To Keep An Eye On – November 11th

NVIDIA, Micron Technology, Advanced Micro Devices, Sandisk, Microsoft, CoreWeave, and Broadcom are the seven Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares of companies that develop or sell technology products and services, such as software, semiconductors, computers, and cloud services. Investors often view them as a sector, though classifications can vary and some technology-focused companies may be grouped in other sectors. 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.

NVDA traded up $7.92 during trading hours on Wednesday, hitting $176.81. The stock had a trading volume of 187,522,377 shares, compared to its average volume of 152,174,750. NVIDIA has a 1 year low of $164.27 and a 1 year high of $243.37. The company’s fifty day simple moving average is $217.99 and its 200 day simple moving average is $204.42. The stock has a market cap of $4.26 trillion, a PE ratio of 22.40, a price-to-earnings-growth ratio of 1.37 and a beta of 2.21. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

MU stock traded up $99.90 during midday trading on Wednesday, reaching $825.01. 24,496,423 shares of the company’s stock traded hands, compared to its average volume of 40,243,813. The firm has a market capitalization of $933.43 billion, a PE ratio of 11.14, a price-to-earnings-growth ratio of 0.13 and a beta of 2.36. The company has a 50-day moving average price of $952.93 and a two-hundred day moving average price of $758.35. Micron Technology has a 52 week low of $192.59 and a 52 week high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31.

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.

NASDAQ AMD traded up $50.35 during trading hours on Wednesday, hitting $565.56. The company had a trading volume of 29,334,710 shares, compared to its average volume of 32,184,777. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.93 and a current ratio of 2.72. The firm has a market capitalization of $927.56 billion, a price-to-earnings ratio of 123.07, a PEG ratio of 4.90 and a beta of 2.49. Advanced Micro Devices has a 52 week low of $188.22 and a 52 week high of $658.52. The firm has a 50 day simple moving average of $548.56 and a 200 day simple moving average of $417.58.

Sandisk (SNDK)

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components.

Sandisk stock traded up $141.55 during midday trading on Wednesday, reaching $1,001.54. 11,553,461 shares of the stock were exchanged, compared to its average volume of 14,794,209. The company’s fifty day moving average is $1,478.33 and its 200-day moving average is $1,268.68. The firm has a market cap of $142.51 billion, a PE ratio of 8.05, a PEG ratio of 0.07 and a beta of 5.66. Sandisk has a 52 week low of $183.00 and a 52 week high of $2,354.39.

Shares of Sandisk are scheduled to split before the market opens on Friday, November 20th. The 8-1 split was announced on Thursday, October 29th. The newly minted shares will be issued to shareholders after the closing bell on Thursday, November 19th.

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 MSFT traded down $11.83 during mid-day trading on Wednesday, reaching $521.33. 16,135,834 shares of the stock traded hands, compared to its average volume of 33,383,949. Microsoft has a 1 year low of $349.20 and a 1 year high of $559.15. The firm has a fifty day moving average price of $517.80 and a 200 day moving average price of $441.10. The company has a current ratio of 1.22, a quick ratio of 1.21 and a debt-to-equity ratio of 0.07. The company has a market cap of $3.87 trillion, a price-to-earnings ratio of 27.24, a price-to-earnings-growth ratio of 1.61 and a beta of 1.05.

CoreWeave (CRWV)

Shares of NASDAQ:CRWV traded up $12.55 on Wednesday, hitting $61.28. The company’s stock had a trading volume of 117,633,361 shares, compared to its average volume of 32,854,328. The company has a 50-day simple moving average of $74.13 and a 200 day simple moving average of $89.44. CoreWeave has a 1 year low of $40.58 and a 1 year high of $138.25. The company has a market capitalization of $28.12 billion, a PE ratio of -16.83 and a beta of 7.71. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46.

Broadcom (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

Shares of NASDAQ AVGO traded up $20.54 during midday trading on Wednesday, hitting $352.52. 18,049,039 shares of the company’s stock were exchanged, compared to its average volume of 25,011,199. Broadcom has a 12-month low of $289.77 and a 12-month high of $495.00. The company has a market cap of $1.68 trillion, a price-to-earnings ratio of 45.07 and a beta of 1.49. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57. The business’s fifty day moving average price is $346.14 and its two-hundred day moving average price is $366.16.