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

Today, seven major Large Cap stocks are highlighted for investors to consider, based on their recent performance and trading volume. These stocks include NVIDIA, Tesla, Invesco QQQ, Apple, Palantir Technologies, Microsoft, and Amazon.com. Large cap stocks refer to shares from companies with a market capitalization of over $10 billion. These companies tend to be well-established, financially stable, and dominant in their industries, often providing steady dividends and lower volatility than smaller companies.

NVIDIA (NVDA)

NVIDIA Corporation is known for providing solutions in graphics, computing, and networking. They offer a range of products, including GeForce GPUs for gaming, the GeForce NOW game streaming service, and platforms for automotive systems and the future of the metaverse. Recently, NVIDIA's stock rose by $6.09 to reach $121.67 during trading. It has a market cap of approximately $2.97 trillion, with a price-to-earnings (P/E) ratio of 47.88.

Tesla (TSLA)

Tesla, Inc. designs and manufactures electric vehicles and energy solutions. The company operates through two segments: Automotive and Energy Generation and Storage. Tesla's stock experienced a rise of $9.30, ending at $249.98. With a market capitalization of about $804.06 billion, Tesla has a P/E ratio of 122.54.

Invesco QQQ (QQQ)

The Invesco QQQ Trust provides investors exposure to the Nasdaq-100 Index. Recently, QQQ shares traded up by $11.32 to $479.66, and the trust has a market cap of around $302.59 billion. The P/E ratio for QQQ stands at 30.74.

Apple (AAPL)

Apple Inc. creates and sells technology products including smartphones, computers, and wearables. The stock gained $3.81 on Friday, reaching $213.49, and boasts a market capitalization exceeding $3.21 trillion with a P/E ratio of 33.89.

Palantir Technologies (PLTR)

Palantir Technologies focuses on developing software platforms for various sectors. Shares increased by $6.62, bringing its price to $86.24. Palantir has a market cap of about $202.26 billion and a P/E ratio of 453.92.

Microsoft (MSFT)

Microsoft Corporation offers a wide range of software, services, and technology products. Microsoft stock rose by $9.79 to end the day at $388.56. The company has a market capitalization of $2.89 trillion and a P/E ratio of 31.29.

Amazon.com (AMZN)

Amazon.com, Inc. is involved in online retail, cloud services, and media content. The company's stock increased by $4.06, reaching $197.95, with a market cap of about $2.10 trillion and a P/E ratio of 35.80.

Investors are encouraged to keep an eye on these Large Cap stocks as they reflect significant trading volume and sector influence. Understanding their market performance can help in making informed investment decisions.

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