Promising Manufacturing Stocks To Keep An Eye On – May 2nd

Taiwan Semiconductor Manufacturing, Oracle, and Exxon Mobil are the three Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are the inventories held by a production company that include raw materials, work-in-process items and finished goods ready for sale. They form a key part of working capital, ensuring that production runs smoothly and customer orders can be met without delay. Effective management of these stocks helps minimize storage costs and prevent production bottlenecks. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

Taiwan Semiconductor Manufacturing (TSM)

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.

Shares of TSM stock traded up $6.42 during trading hours on Friday, reaching $179.14. 11,526,310 shares of the company’s stock were exchanged, compared to its average volume of 15,787,383. The company has a market cap of $929.07 billion, a price-to-earnings ratio of 25.48, a P/E/G ratio of 0.66 and a beta of 1.16. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing has a fifty-two week low of $133.22 and a fifty-two week high of $226.40. The stock’s 50 day moving average is $166.62 and its 200-day moving average is $188.54.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

Shares of ORCL traded up $6.03 during mid-day trading on Friday, reaching $151.52. The company had a trading volume of 7,016,973 shares, compared to its average volume of 9,390,587. The stock has a market capitalization of $423.80 billion, a P/E ratio of 37.09, a PEG ratio of 3.46 and a beta of 1.22. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The stock has a 50 day moving average of $143.97 and a two-hundred day moving average of $164.06. Oracle has a 52-week low of $114.26 and a 52-week high of $198.31.

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

Shares of NYSE XOM traded down $0.29 during midday trading on Friday, hitting $105.49. The stock had a trading volume of 8,199,371 shares, compared to its average volume of 15,776,986. Exxon Mobil has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a market capitalization of $456.28 billion, a PE ratio of 13.46, a P/E/G ratio of 3.02 and a beta of 0.61. The stock has a 50 day simple moving average of $109.44 and a 200-day simple moving average of $111.83. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.