Promising 5G Stocks Worth Watching – February 09th

Super Micro Computer, Monolithic Power Systems, and Cisco Systems are the three 5G stocks to watch today, according to MarketBeat’s stock screener tool. 5G stocks refer to stocks of companies that are involved in the development, deployment, or utilization of 5G technology. These stocks may include companies that manufacture equipment for 5G networks, provide services related to 5G technology, or are expected to benefit from the widespread adoption of 5G connectivity. Investors may be interested in 5G stocks due to the potential for growth and innovation in the emerging 5G market. 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.

SMCI stock traded up $2.44 during mid-day trading on Friday, reaching $36.28. The company’s stock had a trading volume of 72,267,735 shares, compared to its average volume of 35,788,788. The company has a market cap of $21.24 billion, a price-to-earnings ratio of 18.21 and a beta of 1.30. Super Micro Computer has a 12 month low of $17.25 and a 12 month high of $122.90. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average price is $33.55 and its 200 day moving average price is $41.20.

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.

NASDAQ:MPWR traded up $59.35 during trading hours on Friday, reaching $720.25. The company had a trading volume of 2,551,733 shares, compared to its average volume of 915,955. Monolithic Power Systems has a twelve month low of $546.71 and a twelve month high of $959.64. The firm has a market cap of $35.13 billion, a price-to-earnings ratio of 19.59, a P/E/G ratio of 2.53 and a beta of 1.03. The business’s 50-day simple moving average is $618.61 and its two-hundred day simple moving average is $754.90.

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 CSCO stock remained flat at $62.27 on Friday. 23,859,464 shares of the stock were exchanged, compared to its average volume of 18,137,774. The company has a current ratio of 0.88, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. The firm has a 50 day simple moving average of $59.71 and a 200-day simple moving average of $55.04. The stock has a market capitalization of $248.01 billion, a P/E ratio of 26.73, a price-to-earnings-growth ratio of 4.63 and a beta of 0.84. Cisco Systems has a one year low of $44.50 and a one year high of $63.25.