Technology Stocks To Watch Now – July 17th

NVIDIA, ANSYS, Palantir Technologies, Advanced Micro Devices, Apple, Meta Platforms, and Circle Internet Group are the seven Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares of companies whose primary business involves the research, development or distribution of technology products and services—such as software, hardware, semiconductors, internet platforms and cloud computing. These stocks often exhibit higher growth potential driven by innovation and rapidly evolving markets. At the same time, they can be more volatile than those in mature industries due to shifting consumer preferences, regulatory changes and technological disruption. 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.

NASDAQ:NVDA traded up $1.94 during trading hours on Thursday, reaching $173.31. The company had a trading volume of 112,980,918 shares, compared to its average volume of 264,801,286. NVIDIA has a 1-year low of $86.62 and a 1-year high of $174.12. The firm has a market cap of $4.23 trillion, a PE ratio of 55.89, a price-to-earnings-growth ratio of 1.51 and a beta of 2.13. The business’s 50 day moving average price is $144.76 and its 200-day moving average price is $129.39. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96.

ANSYS (ANSS)

ANSYS, Inc. develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite.

Shares of ANSS stock traded down $4.87 during trading hours on Thursday, hitting $387.85. 18,880,893 shares of the company’s stock were exchanged, compared to its average volume of 631,082. The company has a quick ratio of 3.66, a current ratio of 3.66 and a debt-to-equity ratio of 0.12. The firm has a market cap of $34.10 billion, a P/E ratio of 57.54, a P/E/G ratio of 4.04 and a beta of 1.19. The firm has a 50 day moving average of $347.39 and a two-hundred day moving average of $334.41. ANSYS has a fifty-two week low of $275.06 and a fifty-two week high of $395.49.

Palantir Technologies (PLTR)

Palantir Technologies, Inc. engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.

Shares of PLTR traded up $3.88 during trading hours on Thursday, hitting $154.79. 43,691,915 shares of the stock were exchanged, compared to its average volume of 83,204,297. The company has a market cap of $365.29 billion, a price-to-earnings ratio of 672.88, a price-to-earnings-growth ratio of 12.68 and a beta of 2.59. Palantir Technologies has a 12-month low of $21.23 and a 12-month high of $155.65. The stock’s 50-day moving average price is $132.92 and its two-hundred day moving average price is $105.08.

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.

Shares of NASDAQ AMD traded down $0.81 during mid-day trading on Thursday, reaching $159.27. 35,675,497 shares of the company’s stock were exchanged, compared to its average volume of 41,996,716. The company’s 50-day moving average is $125.41 and its 200-day moving average is $112.79. Advanced Micro Devices has a 52-week low of $76.48 and a 52-week high of $174.05. The firm has a market capitalization of $258.24 billion, a price-to-earnings ratio of 116.97, a PEG ratio of 2.08 and a beta of 2.05. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.97 and a current ratio of 2.80.

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.

AAPL stock traded up $1.43 during mid-day trading on Thursday, reaching $211.59. The company had a trading volume of 26,478,601 shares, compared to its average volume of 53,135,455. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.82. The company has a market capitalization of $3.16 trillion, a price-to-earnings ratio of 32.90, a price-to-earnings-growth ratio of 2.34 and a beta of 1.20. The firm has a fifty day simple moving average of $204.07 and a 200 day simple moving average of $216.41. Apple has a fifty-two week low of $169.21 and a fifty-two week high of $260.10.

Meta Platforms (META)

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

META traded down $1.66 during trading on Thursday, hitting $701.25. 7,729,809 shares of the stock were exchanged, compared to its average volume of 14,404,607. The firm has a market capitalization of $1.76 trillion, a P/E ratio of 27.35, a PEG ratio of 1.74 and a beta of 1.28. Meta Platforms has a 1-year low of $442.65 and a 1-year high of $747.90. The stock has a fifty day moving average price of $681.78 and a two-hundred day moving average price of $636.39. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.16.

Circle Internet Group (CRCL)

Founded in 2013, Circle’s mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

Shares of NYSE:CRCL traded up $2.60 during trading on Thursday, reaching $235.80. The company had a trading volume of 21,904,068 shares, compared to its average volume of 37,343,652. Circle Internet Group has a fifty-two week low of $64.00 and a fifty-two week high of $298.99. The firm has a market cap of $52.47 billion and a P/E ratio of -18,634.42.