Large cap stocks refer to shares of companies with large market capitalizations, typically valued at $10 billion or more. These companies are usually well-established, financially stable, and influential in their industries, often offering steady dividends and lower volatility compared to smaller firms. NVIDIA, Tesla, Invesco QQQ, Apple, Palantir Technologies, Microsoft, and Amazon.com are the seven Large Cap stocks to watch today, according to MarketBeat's stock screener tool.
NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers various products for gaming, enterprise workstation graphics, cloud-based visual and virtual computing, automotive platforms, and software for metaverse and 3D internet applications.
Shares of NVIDIA stock traded up $6.09 during trading on Friday, hitting $121.67. The company has a market cap of $2.97 trillion, a price-to-earnings ratio of 47.88, and a beta of 1.77.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems globally. The company's stock had a trading volume of 99,883,305 shares on Friday, reaching $249.98 with a market cap of $804.06 billion.
Invesco QQQ Trust, Series 1 is a unit investment trust that tracks the Nasdaq-100 Index. QQQ traded up $11.32 during trading on Friday, reaching $479.66 with a market capitalization of $302.59 billion.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Shares of NASDAQ AAPL traded up $3.81 during trading on Friday, hitting $213.49 with a market capitalization of $3.21 trillion.
Palantir Technologies, Inc. engages in building software platforms for commercial and government customers. Shares of NASDAQ PLTR traded up $6.62 on Friday, reaching $86.24 with a market capitalization of $202.26 billion.
Microsoft Corporation develops software, services, devices, and solutions globally. Shares of MSFT traded up $9.79 on Friday, reaching $388.56 with a market capitalization of $2.89 trillion.
Amazon.com, Inc. engages in retail sales, advertising, and subscriptions services worldwide. Shares of AMZN traded up $4.06 on Friday, reaching $197.95 with a market capitalization of $2.10 trillion.
Reference from News: Large Cap Stocks To Add to Your Watchlist - March 16th