Best 5G Stocks To Follow Today – January 20th

Cisco Systems, QUALCOMM, Super Micro Computer, Monolithic Power Systems, and Cadence Design Systems are the five 5G stocks to watch today, according to MarketBeat’s stock screener tool. 5G stocks refer to publicly traded companies that are involved in the development, deployment, or use of 5G technology. These companies may include telecommunications providers, network equipment manufacturers, semiconductor companies, or firms developing applications that rely on 5G networks. Investors may be interested in 5G stocks due to the potential for growth and innovation in the 5G industry. These companies had the highest dollar trading volume of any 5G stocks within the last several days.

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.

NASDAQ:CSCO traded up $0.41 during trading hours on Monday, reaching $60.23. 23,800,968 shares of the company were exchanged, compared to its average volume of 17,184,370. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.88 and a quick ratio of 0.80. Cisco Systems has a 1-year low of $44.50 and a 1-year high of $60.95. The company has a market capitalization of $239.88 billion, a P/E ratio of 25.85, a P/E/G ratio of 4.37 and a beta of 0.84. The business has a 50 day moving average of $58.91 and a 200 day moving average of $53.61.

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 stock traded up $3.13 during trading hours on Monday, reaching $164.56. The company’s stock had a trading volume of 8,063,912 shares, compared to its average volume of 6,526,932. The company has a quick ratio of 1.79, a current ratio of 2.40 and a debt-to-equity ratio of 0.51. QUALCOMM has a fifty-two week low of $139.26 and a fifty-two week high of $230.63. The company has a market capitalization of $182.83 billion, a price-to-earnings ratio of 18.30, a PEG ratio of 2.63 and a beta of 1.25. The firm’s 50 day simple moving average is $158.85 and its 200-day simple moving average is $168.57.

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.

Shares of SMCI traded down $0.30 during mid-day trading on Monday, reaching $30.82. The company had a trading volume of 24,271,941 shares, compared to its average volume of 36,148,280. The company has a market capitalization of $17.24 billion, a price-to-earnings ratio of 15.47 and a beta of 1.31. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The company’s 50 day simple moving average is $32.59 and its 200 day simple moving average is $46.69. Super Micro Computer has a 1-year low of $17.25 and a 1-year high of $122.90.

Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

Shares of NASDAQ MPWR traded up $29.16 during mid-day trading on Monday, hitting $625.82. 1,066,120 shares of the stock traded hands, compared to its average volume of 633,666. Monolithic Power Systems has a twelve month low of $546.71 and a twelve month high of $959.64. The firm has a 50 day simple moving average of $599.06 and a two-hundred day simple moving average of $774.35. The company has a market cap of $30.53 billion, a PE ratio of 70.55, a price-to-earnings-growth ratio of 2.26 and a beta of 1.03.

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 $6.70 during mid-day trading on Monday, hitting $305.60. 1,567,258 shares of the company’s stock were exchanged, compared to its average volume of 1,176,470. Cadence Design Systems has a fifty-two week low of $241.29 and a fifty-two week high of $328.99. The company has a current ratio of 2.45, a quick ratio of 2.27 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $83.81 billion, a P/E ratio of 80.21, a PEG ratio of 3.44 and a beta of 1.04. The company has a 50 day simple moving average of $304.43 and a 200-day simple moving average of $284.94.