Top Manufacturing Stocks To Watch Today – May 16th

Applied Materials, D-Wave Quantum, Taiwan Semiconductor Manufacturing, Globant, and Exxon Mobil are the five Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are the inventories of materials, components and finished products that a manufacturer holds at various stages of its production process. They include raw materials awaiting use, work-in-progress items undergoing assembly or processing, and finished goods ready for sale. Proper management of these stocks helps ensure smooth production flow while minimizing holding costs. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

Applied Materials (AMAT)

Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.

NASDAQ:AMAT traded down $10.36 during mid-day trading on Friday, reaching $164.39. 10,005,651 shares of the stock were exchanged, compared to its average volume of 6,856,716. Applied Materials has a 1 year low of $123.74 and a 1 year high of $255.89. The company has a 50 day simple moving average of $148.81 and a 200-day simple moving average of $165.66. The company has a quick ratio of 1.96, a current ratio of 2.67 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $133.56 billion, a P/E ratio of 21.47, a P/E/G ratio of 1.81 and a beta of 1.71.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.

D-Wave Quantum stock traded up $0.52 during mid-day trading on Friday, reaching $11.55. 75,739,737 shares of the company were exchanged, compared to its average volume of 37,900,095. D-Wave Quantum has a twelve month low of $0.75 and a twelve month high of $12.62. The firm’s 50-day simple moving average is $7.86 and its two-hundred day simple moving average is $6.05. The firm has a market cap of $3.36 billion, a PE ratio of -27.56 and a beta of 0.90.

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.

Taiwan Semiconductor Manufacturing stock traded down $0.67 during mid-day trading on Friday, reaching $193.55. 3,994,168 shares of the company were exchanged, compared to its average volume of 15,878,795. Taiwan Semiconductor Manufacturing has a twelve month low of $133.57 and a twelve month high of $226.40. The firm’s 50-day simple moving average is $166.96 and its two-hundred day simple moving average is $187.47. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The firm has a market cap of $1.00 trillion, a PE ratio of 27.49, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21.

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

Shares of GLOB traded down $33.57 during mid-day trading on Friday, hitting $99.28. The company’s stock had a trading volume of 7,704,327 shares, compared to its average volume of 657,417. The firm has a 50-day simple moving average of $119.37 and a 200 day simple moving average of $178.25. The firm has a market capitalization of $4.37 billion, a P/E ratio of 26.79, a P/E/G ratio of 2.38 and a beta of 1.37. Globant has a 1-year low of $89.13 and a 1-year high of $238.32.

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 XOM traded down $0.45 during mid-day trading on Friday, hitting $108.13. The company’s stock had a trading volume of 6,190,967 shares, compared to its average volume of 15,526,940. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a 50-day simple moving average of $109.00 and a 200 day simple moving average of $110.91. The firm has a market capitalization of $466.01 billion, a P/E ratio of 13.79, a P/E/G ratio of 3.02 and a beta of 0.51. Exxon Mobil has a 1-year low of $97.80 and a 1-year high of $126.34.