Large Cap Stocks Worth Watching - March 9th

Today, seven large-cap stocks are gaining attention in the financial market: NVIDIA, Invesco QQQ, Tesla, Broadcom, Meta Platforms, Amazon.com, and Apple. Large-cap stocks are usually from companies with a market capitalization exceeding $10 billion, which signifies their established and stable position in the market. These stocks are known for having lower volatility compared to smaller firms, making them a popular choice for conservative investment strategies. The stocks mentioned have demonstrated significant trading volumes in recent days, indicating keen investor interest.

NVIDIA (NVDA)

NVIDIA Corporation is a leader in graphics and compute solutions, operating across various regions including the US and Asia. The company is best known for its GeForce GPUs used in gaming and PCs, as well as the GeForce NOW game streaming service. NVIDIA also provides platforms for automotive systems and software for creating and operating metaverse applications.

Recently, NVIDIA's stock traded up by $2.12, reaching a price of $112.69. The trading volume was 340,933,310 shares, higher than its average of 283,237,375 shares. The company has a market capitalization of $2.75 trillion and a price-to-earnings ratio of 44.35.

Invesco QQQ (QQQ)

The PowerShares QQQ Trust, Series 1, aims to track the performance of the Nasdaq-100 Index. This trust provides investors an opportunity to invest in a diversified portfolio of leading companies listed on the Nasdaq.

Recently, QQQ stock increased by $3.59, reaching $491.79 with a trading volume of 54,649,747 shares. Its market cap is $309.95 billion, with a price-to-earnings ratio of 33.43.

Tesla (TSLA)

Tesla, Inc. focuses on designing and selling electric vehicles and energy systems. The company has a global presence and operates mainly in Automotive and Energy Generation sectors.

Shares of Tesla traded down by $0.78, reaching $262.67. The trading volume was significant at 102,166,241 compared to its average of 82,497,328. Tesla has a market cap of $844.88 billion and a high price-to-earnings ratio of 128.76.

Broadcom (AVGO)

Broadcom Inc. specializes in providing semiconductor devices with an emphasis on digital and mixed signal technologies.

Broadcom's stock rose by $15.51, hitting $194.96. The trading volume stood at 74,457,084 shares which surpassed its average volume. The company has a market cap of $913.85 billion and a price-to-earnings ratio of 159.02.

Meta Platforms (META)

Meta Platforms, Inc. is involved in developing technologies that facilitate social connections and sharing via mobile devices and computers. It includes popular platforms like Facebook, Instagram, Messenger, and WhatsApp.

Recently, Meta's stock decreased by $2.27 to $625.66, with a trading volume of 21,358,808 shares. The company’s market cap is $1.59 trillion, and it has a price-to-earnings ratio of 26.16.

Amazon.com (AMZN)

Amazon.com, Inc. is a leading retailer operating online and offline, offering various consumer products, advertising, and subscription services. The company also engages in producing media content and manufacturing electronic devices.

Amazon's stock fell by $1.45, reaching a price of $199.25. The trading volume was 59,748,687 shares. Amazon holds a market capitalization of $2.11 trillion and a price-to-earnings ratio of 36.03.

Apple (AAPL)

Apple Inc. is renowned for designing and marketing smartphones, personal computers, tablets, and accessories like the iPhone and Mac. The company also produces wearables, including AirPods and Apple Watch.

Apple's stock increased by $3.74, reaching $239.07, with a volume of 46,241,031 shares traded. The company has a significant market cap of $3.59 trillion and a price-to-earnings ratio of 37.95.

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