Top Technology Stocks To Consider – November 6th

Micron Technology, NVIDIA, Advanced Micro Devices, Sandisk, Apple, Microsoft, and Intel are the seven Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares of companies whose businesses primarily involve developing or providing technology products and services, such as software, semiconductors, computers, or IT services. Investors often treat them as a market sector, though their growth prospects and risks can vary widely. These companies had the highest dollar trading volume of any Technology stocks within the last several days.

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 traded up $34.81 during mid-day trading on Friday, reaching $691.21. The stock had a trading volume of 32,253,203 shares, compared to its average volume of 40,347,621. The firm’s fifty day simple moving average is $966.51 and its two-hundred day simple moving average is $753.37. The stock has a market capitalization of $782.05 billion, a P/E ratio of 9.29, a P/E/G ratio of 0.14 and a beta of 2.36. 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.

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 $5.78 during trading hours on Friday, hitting $187.38. 116,759,095 shares of the stock traded hands, compared to its average volume of 148,974,734. The business has a fifty day moving average of $220.63 and a 200-day moving average of $204.48. The firm has a market capitalization of $4.52 trillion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 1.54 and a beta of 2.21. NVIDIA has a 1-year low of $164.27 and a 1-year high of $243.37. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

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 $40.41 on Friday, hitting $444.81. 30,411,299 shares of the stock were exchanged, compared to its average volume of 31,966,453. The stock has a market capitalization of $726.14 billion, a price-to-earnings ratio of 96.20, a P/E/G ratio of 5.01 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 company has a debt-to-equity ratio of 0.10, a quick ratio of 1.91 and a current ratio of 2.72. The company’s 50-day moving average price is $547.37 and its 200 day moving average price is $413.90.

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.

SNDK stock traded up $22.45 during midday trading on Friday, reaching $828.88. The company’s stock had a trading volume of 12,802,069 shares, compared to its average volume of 14,793,897. Sandisk has a 52 week low of $183.00 and a 52 week high of $2,354.39. The business’s 50-day simple moving average is $1,517.43 and its 200-day simple moving average is $1,263.07. The stock has a market cap of $117.94 billion, a PE ratio of 6.63, a price-to-earnings-growth ratio of 0.08 and a beta of 5.66.

Sandisk’s stock is going 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 market closes on Thursday, November 19th.

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

NASDAQ:AAPL traded up $0.62 during trading hours on Friday, hitting $344.79. The stock had a trading volume of 22,122,885 shares, compared to its average volume of 48,655,047. Apple has a one year low of $243.42 and a one year high of $355.38. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.93 and a current ratio of 1.02. The company has a market cap of $5.03 trillion, a price-to-earnings ratio of 38.39, a P/E/G ratio of 3.30 and a beta of 1.07. The business’s 50 day moving average is $335.46 and its 200-day moving average is $298.03.

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 NASDAQ MSFT traded down $1.87 during midday trading on Friday, reaching $534.06. 12,416,819 shares of the stock were exchanged, compared to its average volume of 33,464,750. The business has a 50-day simple moving average of $516.13 and a two-hundred day simple moving average of $439.80. The company has a market capitalization of $3.97 trillion, a price-to-earnings ratio of 27.85, a P/E/G ratio of 1.64 and a beta of 1.05. Microsoft has a 12 month low of $349.20 and a 12 month high of $559.15. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.22 and a quick ratio of 1.21.

Intel (INTC)

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.

Shares of INTC traded up $4.73 during trading hours on Friday, reaching $56.98. The stock had a trading volume of 103,589,852 shares, compared to its average volume of 118,819,820. The company has a quick ratio of 1.86, a current ratio of 2.31 and a debt-to-equity ratio of 0.47. Intel has a 52 week low of $32.89 and a 52 week high of $142.35. The firm has a 50-day moving average of $98.66 and a 200 day moving average of $86.56. The company has a market cap of $302.83 billion, a P/E ratio of -23.62, a P/E/G ratio of 6.23 and a beta of 2.42.