Large Cap Stocks To Add to Your Watchlist - March 16th

On March 16th, several large cap stocks are recommended for your watchlist, featuring well-established companies known for their substantial market values. These stocks include NVIDIA, Tesla, Invesco QQQ, Apple, Palantir Technologies, Microsoft, and Amazon.com, as identified by a stock screener tool.

Large cap stocks refer to shares from companies typically valued at $10 billion or more. Such companies are usually considered stable and influential in their respective industries. They often provide consistent dividends and experience less volatility compared to smaller firms. Recently, these stocks have demonstrated high trading volumes, indicating strong investor interest.

NVIDIA (NVDA)

NVIDIA Corporation is at the forefront of graphics and computing solutions. They offer products such as GeForce GPUs for gaming, cloud-based computing solutions, and metaverse-related software. NVIDIA's stock recently traded at $121.67 with a trading volume of over 276 million shares, showcasing strong market activity.

The company has a market cap of approximately $2.97 trillion and has witnessed a price-to-earnings (P/E) ratio of 47.88. NVIDIA's stock has fluctuated between a 52-week low of $75.61 and a high of $153.13, with a noteworthy beta of 1.77, indicating moderate volatility.

Tesla (TSLA)

Tesla, Inc. is renowned for its electric vehicles and energy products. The company generated a trading volume of nearly 100 million shares at a price of $249.98 recently, reflecting its popularity. Tesla holds a market cap of about $804.06 billion, and its stock has seen a P/E ratio of 122.54.

Recently, Tesla's shares hit a low of $138.80 and a high of $488.54 over the past year. Tesla's current ratio stands at 2.02, indicating solid liquidity.

Invesco QQQ (QQQ)

The Invesco QQQ Trust tracks the Nasdaq-100 Index, which includes many large cap companies. It offers investors a chance to invest in a diverse group of major players in the tech sector. The stock traded recently at $479.66 and experienced a trading volume of approximately 43.5 million shares.

It has a market cap of about $302.59 billion and a P/E ratio of 30.74, reflecting its value and performance within the market.

Apple (AAPL)

Apple Inc. is a leading technology company known for its innovations in smartphones and computers. Recently, Apple's stock traded at $213.49 with a trading volume of over 60 million shares. The company boasts a substantial market cap of around $3.21 trillion and has performed with a P/E ratio of 33.89.

In the past year, Apple's stock has ranged from a low of $164.08 to a high of $260.10.

Palantir Technologies (PLTR)

Palantir Technologies specializes in data analytics software for various sectors, both commercial and governmental. Its stock traded at $86.24 with a volume of more than 113 million shares recently. Palantir has a market cap close to $202.26 billion and has shown a P/E ratio of 453.92, signifying its growth potential.

Microsoft (MSFT)

Microsoft Corporation plays a major role in software development and cloud services globally. Recently, MSFT stock traded at $388.56 with an average volume of about 20 million shares. With a market cap near $2.89 trillion, it presents solid fundamentals with a P/E ratio of 31.29.

Microsoft's stock price over the last year has seen a low of $376.91 and a high of $468.35.

Amazon.com (AMZN)

Amazon.com, Inc. continues to lead in e-commerce and cloud services. It recently traded at $197.95 with a trading volume nearly matching its average at 38 million shares. Amazon's market cap stands at about $2.10 trillion with a P/E ratio of 35.80.

Over the past year, Amazon’s stock reached a low of $151.61 and a high of $242.52.

As investors consider these stocks, it's crucial to evaluate not just their current performance but also their potential for long-term stability and growth in the stock market. Monitor how these stocks are performing regularly to make informed investment decisions.

stocks, investing, finance, companies, market