Large Cap Stocks To Watch - March 11th

This article highlights seven large cap stocks worth monitoring today: Tesla, NVIDIA, Invesco QQQ, Apple, Meta Platforms, ProShares UltraPro QQQ, and Amazon.com. Large cap stocks refer to shares from companies that typically have a market capitalization exceeding $10 billion. These stocks are often seen as more stable and less prone to volatility compared to smaller companies, commonly offering consistent dividends and demonstrating strong market leadership.

Tesla (TSLA)

Tesla, Inc. specializes in designing, developing, manufacturing, leasing, and selling electric vehicles and energy generation and storage systems. The company operates in two primary segments: Automotive and Energy Generation and Storage. The Automotive segment deals with electric vehicles, automotive regulatory credits, and various after-sales services. As of the latest trading session, Tesla's stock rose by $11.94, reaching $234.09, with a market cap of $752.96 billion.

NVIDIA (NVDA)

NVIDIA Corporation is known for providing graphics and computing solutions globally. It offers GeForce GPUs for gaming, cloud-based computing solutions, and automotive platforms. NVIDIA's stock increased by $4.24 to reach $111.22, with a market capitalization of $2.71 trillion. The company is considered undervalued based on its strong growth potential.

Invesco QQQ (QQQ)

The PowerShares QQQ Trust, Series 1, tracks the Nasdaq-100 Index. This ETF allows investors to invest in a diverse range of tech growth companies. Recently, QQQ shares were up by $4.27 to $477.00, holding a market cap of $300.63 billion. This asset offers a way for investors to engage with the performance of leading technology stocks.

Apple (AAPL)

Apple Inc. is a renowned designer and manufacturer of smartphones, computers, tablets, wearables, and accessories. The stock recently dipped by $4.98, settling at $222.51, with an impressive market capitalization of $3.34 trillion. Despite the minor decrease, Apple remains a dominating force in technology.

Meta Platforms (META)

Meta Platforms, Inc. focuses on developing social media applications and virtual reality experiences. With its stock climbing $15.07 to $613.06, it boasts a market capitalization of $1.55 trillion. The company's engagement with users through platforms like Facebook and Instagram makes it a key player in today's digital landscape.

ProShares UltraPro QQQ (TQQQ)

ProShares UltraPro QQQ seeks to achieve three times the daily performance of the NASDAQ-100 Index. Recently, this ETF rose by $1.35 to $61.16, accumulating a market valuation of $18.78 billion. It's designed for investors looking for amplified returns.

Amazon.com (AMZN)

Amazon.com, Inc. operates retail and subscription services on a global scale. The stock increased by $4.70 to $199.24, with a market cap of $2.11 trillion. The company continues to expand its footprint in ecommerce and cloud computing, maintaining its essential role in the digital economy.

Stocks, Investing, Market