Top Large Cap Stocks To Follow Today – February 28th

NVIDIA, Tesla, and Invesco QQQ are the three Large Cap stocks to watch today, according to MarketBeat’s stock screener tool. Large cap stocks refer to shares of companies with a high market capitalization, typically over $10 billion. These companies are often well-established leaders in their fields, known for stability, consistent performance, and lower volatility compared to mid and small cap stocks. These companies had the highest dollar trading volume of any Large Cap stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Shares of NASDAQ NVDA traded up $1.48 during mid-day trading on Friday, reaching $121.63. The company had a trading volume of 273,407,046 shares, compared to its average volume of 271,306,156. The stock has a fifty day moving average of $134.39 and a two-hundred day moving average of $131.81. NVIDIA has a 12-month low of $75.61 and a 12-month high of $153.13. The company has a market capitalization of $2.98 trillion, a price-to-earnings ratio of 48.01, a PEG ratio of 1.76 and a beta of 1.62. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of NASDAQ:TSLA traded up $9.01 on Friday, reaching $290.96. The company had a trading volume of 86,698,231 shares, compared to its average volume of 78,504,367. Tesla has a twelve month low of $138.80 and a twelve month high of $488.54. The stock has a market capitalization of $935.87 billion, a P/E ratio of 142.62, a P/E/G ratio of 5.86 and a beta of 2.34. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The stock has a 50-day moving average price of $387.91 and a 200 day moving average price of $315.28.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

QQQ stock traded up $3.36 during mid-day trading on Friday, reaching $503.63. 33,986,354 shares of the stock traded hands, compared to its average volume of 31,993,855. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $540.81. The firm has a market capitalization of $317.41 billion, a PE ratio of 33.43 and a beta of 1.11. The business has a 50-day moving average of $522.25 and a two-hundred day moving average of $502.61.