Top 5G Stocks To Watch Today – July 27th

Super Micro Computer, Cadence Design Systems, Cisco Systems, QUALCOMM, ON Semiconductor, Teradyne, and Fortinet are the seven 5G stocks to watch today, according to MarketBeat’s stock screener tool. 5G stocks are shares of companies involved in the development, deployment and commercialization of fifth-generation wireless networks, including telecom carriers, network-equipment manufacturers, semiconductor firms and infrastructure providers. Investors buy 5G stocks to gain exposure to the expected surge in data speeds, capacity and connectivity as industries and consumers adopt 5G technology. 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.

Shares of NASDAQ:SMCI traded up $1.95 during midday trading on Friday, reaching $54.47. 34,065,757 shares of the company traded hands, compared to its average volume of 33,038,150. The company has a quick ratio of 3.95, a current ratio of 6.66 and a debt-to-equity ratio of 0.38. Super Micro Computer has a 12 month low of $17.25 and a 12 month high of $73.00. The firm has a market capitalization of $32.51 billion, a price-to-earnings ratio of 28.65, a price-to-earnings-growth ratio of 2.65 and a beta of 1.43. The firm’s fifty day moving average price is $45.94 and its two-hundred day moving average price is $39.96.

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.

NASDAQ CDNS traded up $7.55 during trading on Friday, reaching $332.19. The company’s stock had a trading volume of 2,717,600 shares, compared to its average volume of 1,472,914. The stock has a market capitalization of $90.70 billion, a PE ratio of 84.10, a P/E/G ratio of 4.62 and a beta of 0.99. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.07 and a quick ratio of 2.90. The firm has a fifty day moving average of $309.39 and a 200 day moving average of $288.63. Cadence Design Systems has a one year low of $221.56 and a one year high of $335.16.

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.

NASDAQ CSCO traded up $0.40 during trading on Friday, reaching $68.69. The company’s stock had a trading volume of 11,589,031 shares, compared to its average volume of 17,593,400. The stock has a market capitalization of $272.01 billion, a PE ratio of 28.04, a P/E/G ratio of 4.11 and a beta of 0.90. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.95 and a quick ratio of 0.87. The firm has a fifty day moving average of $66.43 and a 200 day moving average of $62.44. Cisco Systems has a one year low of $44.50 and a one year high of $69.78.

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 down $0.44 during trading on Friday, hitting $158.40. 4,805,669 shares of the company traded hands, compared to its average volume of 7,220,092. The company has a 50-day moving average of $154.60 and a 200-day moving average of $155.00. The firm has a market capitalization of $173.92 billion, a PE ratio of 16.13, a P/E/G ratio of 2.04 and a beta of 1.26. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.08 and a current ratio of 2.73. QUALCOMM has a 1 year low of $120.80 and a 1 year high of $182.64.

ON Semiconductor (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.

ON stock traded up $1.48 on Friday, reaching $56.92. 8,072,353 shares of the company traded hands, compared to its average volume of 8,120,493. The company has a market cap of $23.79 billion, a P/E ratio of 39.53, a price-to-earnings-growth ratio of 4.68 and a beta of 1.43. ON Semiconductor has a one year low of $31.04 and a one year high of $80.08. The company has a debt-to-equity ratio of 0.42, a current ratio of 4.95 and a quick ratio of 3.32. The firm has a fifty day simple moving average of $52.38 and a 200-day simple moving average of $47.73.

Teradyne (TER)

Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.

NASDAQ:TER traded down $1.18 on Friday, reaching $90.15. 3,098,914 shares of the company’s stock traded hands, compared to its average volume of 3,289,845. The stock has a 50-day simple moving average of $87.63 and a 200-day simple moving average of $94.00. The firm has a market cap of $14.46 billion, a PE ratio of 25.47, a P/E/G ratio of 3.99 and a beta of 1.70. Teradyne has a 12 month low of $65.77 and a 12 month high of $144.16.

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.

Shares of FTNT stock traded up $0.05 during trading hours on Friday, hitting $104.82. The stock had a trading volume of 2,087,821 shares, compared to its average volume of 3,974,263. The stock’s 50-day moving average price is $103.48 and its two-hundred day moving average price is $101.61. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.36 and a quick ratio of 1.29. Fortinet has a one year low of $54.57 and a one year high of $114.82. The stock has a market capitalization of $80.23 billion, a price-to-earnings ratio of 43.14, a PEG ratio of 3.61 and a beta of 1.06.