Best Large Cap Stocks to Watch - March 1st

On March 1st, investors should pay close attention to seven significant large-cap stocks: NVIDIA, Tesla, Invesco QQQ, Apple, Microsoft, Meta Platforms, and Amazon.com. These companies are recognized for their substantial market capitalizations, typically exceeding $10 billion, and are regarded as established and stable investments.

Large-cap stocks are known for their reliability and consistent performance, making them a favored choice for more cautious investors. Although they tend to grow at a slower pace compared to smaller companies, their established track record often provides a sense of security.

NVIDIA (NVDA)

NVIDIA Corporation specializes in graphics and compute networking solutions, operating in various regions including the United States, Taiwan, China, and Hong Kong. The company is well-known for its GeForce GPUs designed for gaming and PCs, as well as the GeForce NOW game streaming service. It further provides enterprise solutions through its Quadro/NVIDIA RTX graphics, automotive platforms for infotainment, and software for metaverse applications.

In recent trading, NVIDIA saw its stock rise by $4.66, reaching $124.81. During this session, 387,840,609 shares changed hands, indicating increased investor interest and higher trading volume than its usual average. The company's current market capitalization stands at approximately $3.05 trillion.

Tesla (TSLA)

Tesla, Inc. is renowned for designing, developing, and manufacturing electric vehicles alongside energy generation and storage systems. Operational segments include Automotive and Energy Generation and Storage, with offerings such as electric vehicles and energy products.

Recently, Tesla's stock increased by $11.38, reaching a price of $293.33. The company’s trading volume was notably high, with over 115 million shares exchanged. The current market cap for Tesla is approximately $943.49 billion.

Invesco QQQ (QQQ)

Invesco QQQ Trust, Series 1, also referred to as QQQ, is known for tracking the Nasdaq-100 Index. This fund offers investors the chance to gain exposure to a selection of leading companies in the technology space.

During trading, QQQ rose by $8.03, enhancing its value to $508.30. The total trading volume recorded surpassed 47 million shares, indicating solid interest in the fund. It maintains a market cap of about $320.36 billion.

Apple (AAPL)

Apple Inc. is a major player in designing, manufacturing, and marketing consumer electronics and software. Its product line includes the iPhone, Mac computers, iPads, and various accessories like Apple Watch and AirPods.

On the trading floor, Apple’s stock rose by $4.46, reaching $241.76, with an exchange volume of over 56 million shares. The overall market cap of Apple is approximately $3.63 trillion.

Microsoft (MSFT)

Microsoft Corporation is a global leader in software, services, and devices. The company’s offerings encompass products such as Microsoft Office, Teams, and cloud services.

In the latest trading session, Microsoft shares increased by $4.59 to $397.12, and around 32 million shares were traded. The market capitalization for Microsoft is around $2.95 trillion.

Meta Platforms (META)

Meta Platforms, Inc. focuses on connecting people through various applications like Facebook and Instagram. It also ventures into virtual reality with its Reality Labs division.

Recently, the stock for Meta rose by $9.96 to a price of $668.20, with approximately 17 million shares traded. The current market cap stands at an impressive $1.69 trillion.

Amazon.com (AMZN)

Amazon.com, Inc. is engaged in retail ecommerce and cloud computing services. Its business segments include North America, International, and Amazon Web Services (AWS), alongside manufacturing consumer electronics such as Kindle and Echo devices.

In the latest update, shares of Amazon rose by $3.58 to $212.32, with over 51 million shares traded, culminating in a market cap of approximately $2.25 trillion.

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