Large Cap Stocks To Follow Now – February 04th

NVIDIA, Palantir Technologies, Tesla, Invesco QQQ, and Meta Platforms are the five Large Cap stocks to watch today, according to MarketBeat’s stock screener tool. Large cap stocks refer to the stocks of large, established companies with a market capitalization typically exceeding $10 billion. These companies are well-known, widely traded, and considered to be relatively stable and less volatile compared to small or mid-cap stocks. Investors often turn to large cap stocks for their stability and potential for consistent returns. 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.

NVDA stock traded up $2.13 during trading on Tuesday, reaching $118.79. The stock had a trading volume of 188,053,588 shares, compared to its average volume of 295,664,406. The stock’s 50 day moving average is $136.19 and its two-hundred day moving average is $129.38. The firm has a market cap of $2.91 trillion, a PE ratio of 46.77, a PEG ratio of 2.16 and a beta of 1.62. NVIDIA has a 52 week low of $66.25 and a 52 week high of $153.13. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13.

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 NASDAQ:PLTR traded up $19.47 during trading on Tuesday, hitting $103.21. The company’s stock had a trading volume of 200,599,316 shares, compared to its average volume of 77,197,844. The firm has a market cap of $235.11 billion, a price-to-earnings ratio of 515.77, a P/E/G ratio of 7.54 and a beta of 2.81. The company has a 50-day moving average of $74.09 and a 200-day moving average of $51.39. Palantir Technologies has a 12 month low of $16.48 and a 12 month high of $106.91.

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.

TSLA stock traded up $4.59 during midday trading on Tuesday, reaching $388.27. 43,017,323 shares of the company’s stock traded hands, compared to its average volume of 74,836,852. The stock’s 50-day moving average is $405.12 and its 200 day moving average is $300.65. The stock has a market cap of $1.25 trillion, a P/E ratio of 190.04, a PEG ratio of 6.79 and a beta of 2.34. Tesla has a 52-week low of $138.80 and a 52-week high of $488.54. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08.

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 up $6.09 during midday trading on Tuesday, hitting $524.20. The company had a trading volume of 18,269,898 shares, compared to its average volume of 33,436,695. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The company has a fifty day moving average of $519.78 and a two-hundred day moving average of $494.47.

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 up $8.87 during midday trading on Tuesday, reaching $706.33. The company had a trading volume of 10,444,750 shares, compared to its average volume of 15,888,861. The business has a 50-day moving average of $616.25 and a two-hundred day moving average of $568.60. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. Meta Platforms has a 1 year low of $414.50 and a 1 year high of $710.79. The company has a market cap of $1.78 trillion, a P/E ratio of 29.52, a P/E/G ratio of 1.47 and a beta of 1.20.