Technology Stocks To Watch Now – May 17th

NVIDIA, Coinbase Global, Meta Platforms, Apple, Microsoft, Shopify, and Alphabet are the seven Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are shares of companies that develop, manufacture or distribute technological products and services—ranging from software and hardware to semiconductors and IT solutions. These businesses often reinvest profits into research and innovation, aiming for rapid growth and market leadership. Because they operate in fast-evolving industries, technology stocks can offer high return potential but also tend to be more volatile than shares in traditional sectors. 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.

Shares of NVDA traded up $0.57 during midday trading on Friday, hitting $135.40. The company had a trading volume of 221,859,039 shares, compared to its average volume of 294,990,946. The company’s 50-day simple moving average is $112.33 and its 200-day simple moving average is $127.06. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The firm has a market capitalization of $3.31 trillion, a P/E ratio of 53.29, a P/E/G ratio of 1.76 and a beta of 2.11. NVIDIA has a 1 year low of $86.62 and a 1 year high of $195.95.

Coinbase Global (COIN)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

Shares of COIN traded up $22.02 during mid-day trading on Friday, reaching $266.46. The company’s stock had a trading volume of 72,432,540 shares, compared to its average volume of 10,164,986. Coinbase Global has a 12-month low of $142.58 and a 12-month high of $349.75. The stock has a market cap of $67.65 billion, a PE ratio of 28.05 and a beta of 3.62. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.28 and a quick ratio of 2.28. The company’s 50 day moving average is $191.65 and its 200 day moving average is $244.07.

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.

Shares of META traded down $3.54 during mid-day trading on Friday, reaching $640.34. The company’s stock had a trading volume of 18,351,566 shares, compared to its average volume of 14,531,359. The company’s 50 day moving average is $571.37 and its 200 day moving average is $606.72. The stock has a market cap of $1.62 trillion, a PE ratio of 26.77, a price-to-earnings-growth ratio of 1.42 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.98 and a quick ratio of 2.98. Meta Platforms has a 12-month low of $442.65 and a 12-month high of $740.91.

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 down $0.19 on Friday, reaching $211.26. The stock had a trading volume of 53,614,750 shares, compared to its average volume of 55,938,270. Apple has a 12-month low of $169.21 and a 12-month high of $260.10. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. The stock has a market cap of $3.16 trillion, a P/E ratio of 33.53, a price-to-earnings-growth ratio of 2.44 and a beta of 1.27. The business’s 50-day moving average price is $206.09 and its 200 day moving average price is $226.68.

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.

Microsoft stock traded up $1.14 during midday trading on Friday, hitting $454.27. 23,797,504 shares of the company’s stock were exchanged, compared to its average volume of 21,538,550. Microsoft has a 12-month low of $344.79 and a 12-month high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock has a market cap of $3.38 trillion, a price-to-earnings ratio of 36.58, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The firm’s 50 day simple moving average is $395.33 and its 200 day simple moving average is $412.61.

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

Shopify stock traded up $0.54 during midday trading on Friday, hitting $110.75. 96,037,521 shares of the company’s stock were exchanged, compared to its average volume of 9,569,946. The stock has a market cap of $143.40 billion, a price-to-earnings ratio of 71.45, a price-to-earnings-growth ratio of 4.82 and a beta of 2.66. The firm’s 50 day simple moving average is $94.30 and its 200 day simple moving average is $103.73. Shopify has a 12-month low of $48.56 and a 12-month high of $129.38.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Shares of NASDAQ:GOOGL traded up $2.23 during midday trading on Friday, hitting $166.19. The stock had a trading volume of 42,579,974 shares, compared to its average volume of 29,063,600. The company has a market capitalization of $2.02 trillion, a PE ratio of 20.64, a P/E/G ratio of 1.34 and a beta of 1.01. The stock has a 50 day moving average price of $158.21 and a two-hundred day moving average price of $175.00. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03. Alphabet has a 1 year low of $140.53 and a 1 year high of $207.05.