5G Stocks To Add to Your Watchlist – July 1st

Super Micro Computer, Cisco Systems, QUALCOMM, Fortinet, Jabil, ON Semiconductor, and Cadence Design Systems 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, manufacturing and deployment of fifth-generation wireless networks and related technologies. They typically include telecom operators upgrading network infrastructure, equipment makers building antennas and base stations, and semiconductor firms producing 5G-capable chips. Investors often target 5G stocks to gain exposure to growth in high-speed data services, the Internet of Things and other low-latency applications enabled by 5G. 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 $1.07 during mid-day trading on Tuesday, hitting $47.94. The company had a trading volume of 21,027,210 shares, compared to its average volume of 69,334,254. Super Micro Computer has a 1 year low of $17.25 and a 1 year high of $96.33. The business has a fifty day simple moving average of $40.28 and a 200-day simple moving average of $37.64. The company has a current ratio of 6.66, a quick ratio of 3.95 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $28.61 billion, a price-to-earnings ratio of 25.14 and a beta of 1.40.

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.

Shares of NASDAQ:CSCO traded down $0.54 during mid-day trading on Tuesday, hitting $68.84. 6,669,214 shares of the company traded hands, compared to its average volume of 20,232,348. The firm’s 50 day simple moving average is $62.87 and its 200 day simple moving average is $61.19. The firm has a market cap of $272.62 billion, a P/E ratio of 28.07, a PEG ratio of 4.11 and a beta of 0.88. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.87 and a current ratio of 0.95. Cisco Systems has a 52-week low of $44.50 and a 52-week 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.

Shares of QCOM traded up $1.28 during mid-day trading on Tuesday, reaching $160.54. 2,195,925 shares of the stock traded hands, compared to its average volume of 8,495,152. The firm has a market cap of $176.28 billion, a price-to-earnings ratio of 16.26, a P/E/G ratio of 2.05 and a beta of 1.26. The stock has a fifty day simple moving average of $149.90 and a 200 day simple moving average of $154.78. The company has a quick ratio of 2.08, a current ratio of 2.73 and a debt-to-equity ratio of 0.48. QUALCOMM has a 12-month low of $120.80 and a 12-month high of $211.09.

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 Fortinet stock traded down $4.30 during trading hours on Tuesday, hitting $101.42. 1,715,232 shares of the company’s stock traded hands, compared to its average volume of 4,844,792. The company has a quick ratio of 1.29, a current ratio of 1.36 and a debt-to-equity ratio of 0.25. Fortinet has a twelve month low of $54.57 and a twelve month high of $114.82. The stock has a 50 day simple moving average of $102.80 and a 200-day simple moving average of $100.56. The company has a market cap of $77.63 billion, a PE ratio of 41.71, a PEG ratio of 3.56 and a beta of 1.07.

Jabil (JBL)

Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

Shares of JBL traded down $3.13 during trading on Tuesday, reaching $214.97. The company’s stock had a trading volume of 699,343 shares, compared to its average volume of 1,414,705. Jabil has a twelve month low of $95.85 and a twelve month high of $219.00. The company has a quick ratio of 0.64, a current ratio of 0.98 and a debt-to-equity ratio of 1.85. The company has a market cap of $23.08 billion, a price-to-earnings ratio of 41.67, a P/E/G ratio of 1.52 and a beta of 1.14. The company has a fifty day moving average of $171.85 and a two-hundred day moving average of $156.55.

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 $1.89 during mid-day trading on Tuesday, hitting $54.30. 2,766,529 shares of the company were exchanged, compared to its average volume of 8,237,198. The company has a market capitalization of $22.69 billion, a PE ratio of 37.47, a price-to-earnings-growth ratio of 4.32 and a beta of 1.39. The firm has a fifty day simple moving average of $45.74 and a 200 day simple moving average of $48.49. The company has a current ratio of 4.95, a quick ratio of 3.32 and a debt-to-equity ratio of 0.42. ON Semiconductor has a twelve month low of $31.04 and a twelve month high of $80.08.

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 $0.49 on Tuesday, hitting $308.64. 415,572 shares of the stock traded hands, compared to its average volume of 2,016,001. The company has a current ratio of 3.07, a quick ratio of 2.90 and a debt-to-equity ratio of 0.52. The stock has a 50-day moving average of $301.86 and a 200 day moving average of $286.36. Cadence Design Systems has a twelve month low of $221.56 and a twelve month high of $326.19. The company has a market capitalization of $84.27 billion, a P/E ratio of 77.90, a price-to-earnings-growth ratio of 4.23 and a beta of 0.99.