Promising Large Cap Stocks To Add to Your Watchlist – March 3rd

NVIDIA, Tesla, Invesco QQQ, Palantir Technologies, and Apple are the five Large Cap stocks to watch today, according to MarketBeat’s stock screener tool. Large cap stocks are shares of companies with a high market capitalization, typically exceeding $10 billion, indicating a strong market presence and established business operations. These stocks are often favored by investors for their stability, liquidity, and consistent financial performance compared to smaller companies. These companies had the highest dollar trading volume of any Large Cap 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 down $10.83 during trading hours on Monday, hitting $114.09. The stock had a trading volume of 285,867,363 shares, compared to its average volume of 274,527,781. The firm has a market capitalization of $2.78 trillion, a price-to-earnings ratio of 44.84, a P/E/G ratio of 1.76 and a beta of 1.62. NVIDIA has a one year low of $75.61 and a one year high of $153.13. The company has a 50 day simple moving average of $134.19 and a two-hundred day simple moving average of $132.12. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ:TSLA traded down $10.38 during trading hours on Monday, hitting $282.60. 89,444,834 shares of the company’s stock traded hands, compared to its average volume of 79,491,813. Tesla has a 52 week low of $138.80 and a 52 week high of $488.54. The business’s fifty day simple moving average is $385.35 and its two-hundred day simple moving average is $317.51. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The firm has a market cap of $908.99 billion, a P/E ratio of 138.10, a P/E/G ratio of 5.86 and a beta of 2.34.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

Shares of NASDAQ:QQQ traded down $10.54 on Monday, hitting $497.63. The company’s stock had a trading volume of 27,515,731 shares, compared to its average volume of 32,206,863. The company has a market capitalization of $313.63 billion, a PE ratio of 33.43 and a beta of 1.11. The company has a 50-day simple moving average of $522.05 and a 200 day simple moving average of $503.57. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.81.

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 stock traded down $0.34 during trading on Monday, hitting $84.58. The company had a trading volume of 89,214,319 shares, compared to its average volume of 63,702,331. The stock’s 50-day moving average is $87.09 and its two-hundred day moving average is $61.86. The stock has a market capitalization of $192.67 billion, a price-to-earnings ratio of 443.48, a price-to-earnings-growth ratio of 10.84 and a beta of 2.81. Palantir Technologies has a 52 week low of $20.33 and a 52 week high of $125.41.

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.

Shares of NASDAQ:AAPL traded down $3.58 during trading on Monday, reaching $238.26. The company had a trading volume of 25,275,675 shares, compared to its average volume of 52,168,418. The company has a fifty day moving average of $239.60 and a two-hundred day moving average of $233.75. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $3.58 trillion, a P/E ratio of 37.85, a price-to-earnings-growth ratio of 2.44 and a beta of 1.20. Apple has a 12 month low of $164.07 and a 12 month high of $260.10.