Technology Stocks To Watch Today - March 24th

On March 24th, several technology stocks are drawing attention from investors, according to recent findings from market analysis tools. The stocks to follow include NVIDIA, Meta Platforms, Apple, Microsoft, Advanced Micro Devices, Super Micro Computer, and Broadcom. These companies are primarily engaged in developing and distributing technology-related products and services. They span areas including software, hardware, telecommunications, and digital services. These tech stocks have shown some of the highest trading volumes in recent days.

NVIDIA (NVDA)

NVIDIA Corporation is well known for its graphics processing units (GPUs) and computing solutions. The company's products are essential in gaming, data centers, and artificial intelligence. Recently, shares climbed by $4.02, reaching $121.72 during midday trading. Total trading volume on that day was reported at 134,878,657 shares. As of now, NVIDIA has a market cap of $2.97 trillion and displays a price-to-earnings (P/E) ratio of 47.98.

Meta Platforms (META)

Meta Platforms, Inc., the parent company of Facebook and Instagram, continues to innovate in social media and virtual reality. The stock price saw an increase of $17.63, reaching $613.88. The trading volume on the same day was lower than its average, with 10,268,972 shares changing hands. Meta's market capitalization stands at $1.56 trillion with a P/E ratio of 25.71.

Apple (AAPL)

Apple Inc. is a leader in consumer electronics, particularly known for the iPhone and Mac computers. The company's stock rose $1.05 to $219.32. There were approximately 20,998,384 shares traded, which is less than its average volume. Apple's market cap is notable at $3.29 trillion, and it has a P/E ratio of 34.86.

Microsoft (MSFT)

Microsoft Corporation develops software and services that are widely used across businesses and personal devices. On this trading day, Microsoft shares increased slightly by $0.58 to $391.84, with 10,355,190 shares traded. With a market cap of $2.91 trillion, the company's P/E ratio is 31.57.

Advanced Micro Devices (AMD)

Advanced Micro Devices, Inc. focuses on semiconductor technology and is gaining traction in the gaming and data center markets. During midday trading, AMD shares rose by $7.65, reaching $114.09. The total trading volume was recorded at 33,306,591 shares. The firm enjoys a market capitalization of $184.88 billion, and its P/E ratio is 115.26.

Super Micro Computer (SMCI)

Super Micro Computer, Inc. specializes in high-performance servers and storage solutions. The stock price experienced a slight decrease of $0.13, ending the day at $42.02, with 67,400,158 shares traded. The company's market cap is approximately $24.94 billion, and it has a P/E ratio of 21.13.

Broadcom (AVGO)

Broadcom Inc. focuses on semiconductor manufacturing and supply. Shares fell by $0.21 to $191.45, with a total trading volume of 14,425,208 shares. The company's market capitalization is significant at $900.17 billion, with a P/E ratio of 156.62.

As these companies continue to lead the market, analysts advise investors to monitor these stocks closely, as they reflect significant trends and movements within the technology sector.

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