Large Cap Stocks to Watch - March 9th

NVIDIA, Invesco QQQ, Tesla, Broadcom, Meta Platforms, Amazon.com, and Apple are the seven large cap stocks to keep an eye on today.

Large cap stocks refer to shares in companies with a market capitalization typically exceeding $10 billion. These companies are well-established and tend to be more stable, offering lower volatility compared to smaller firms. They often provide consistent dividends, making them a solid choice for conservative investment strategies.

NVIDIA (NVDA)

NVIDIA Corporation is known for its graphics and computing solutions worldwide. Its Graphics segment offers products like GeForce GPUs, gaming platforms, and software for building metaverse applications.

Recently, NVDA shares increased by $2.12, reaching $112.69 during trading. The stock saw a trading volume of 340,933,310 shares, well over its usual average. NVIDIA has a market cap of $2.75 trillion, with a P/E ratio of 44.35. Its price has fluctuated between $75.61 and $153.13 over the past year.

Invesco QQQ (QQQ)

Invesco QQQ Trust invests in the Nasdaq-100 Index, representing several major technology companies. It serves investors looking for exposure to this index and generally mirrors its performance.

The stock traded up $3.59 to $491.79, with 54,649,747 shares changing hands. It has a market capitalization of $309.95 billion and a P/E ratio of 33.43. Over the past year, it has ranged between $413.07 and $540.81.

Tesla (TSLA)

Tesla, Inc. is a leader in electric vehicles, as well as energy products. Its segments include Automotive, where it focuses on electric vehicles, and Energy Generation and Storage.

On Friday, TSLA stock fell by $0.78 to $262.67, with significant trading volume of 102,166,241 shares. Tesla has a market cap of $844.88 billion and has seen a year’s fluctuation between $138.80 and $488.54.

Broadcom (AVGO)

Broadcom Inc. offers a variety of semiconductor devices, focusing on digital and mixed-signal products.

Broadcom stock rose $15.51 to $194.96. The company recorded a trading volume of 74,457,084 shares, with market capitalization valuing at $913.85 billion and a P/E ratio of 159.02. Its prices have swung from $119.76 to $251.88 in the past year.

Meta Platforms (META)

Meta Platforms, Inc. develops social media products that allow global interactions through apps like Facebook and Instagram.

META shares dipped $2.27 to $625.66 with a trading volume of 21,358,808 stocks. The market cap stands at $1.59 trillion, with a P/E ratio of 26.16. Its stock has fluctuated between $414.50 and $740.91 over the last year.

Amazon.com (AMZN)

Amazon.com, Inc. is a powerhouse in e-commerce, cloud computing, and advertising. Its offerings include a wide range of products and services.

AMZN shares traded down $1.45 to $199.25 with 59,748,687 shares exchanged. Its market capitalization sits at $2.11 trillion, with a P/E ratio of 36.03 and a yearly stock price range of $151.61 to $242.52.

Apple (AAPL)

Apple Inc. specializes in design, manufacturing, and marketing of technology products, including the iPhone and Mac computers.

AAPL shares increased by $3.74 to $239.07, with a trading volume of 46,241,031. The company has a market cap of $3.59 trillion, and a P/E ratio of 37.95, with its stock price oscillating between $164.08 and $260.10 in the past year.

stocks, NVIDIA, investing