Promising Manufacturing Stocks To Keep An Eye On – July 13th

Oracle, Taiwan Semiconductor Manufacturing, ServiceNow, Salesforce, and Palo Alto Networks are the five Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are the inventories of raw materials, work-in-progress items and finished goods that a manufacturing firm holds to keep its production processes running smoothly and to meet customer orders on time. They’re typically classified into raw materials (inputs awaiting production), work-in-progress (partially completed goods) and finished goods (ready for sale). Effective management of these stocks helps minimize holding costs, avoid production delays and respond flexibly to changes in demand. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

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 NYSE:ORCL traded down $4.55 on Friday, hitting $230.45. 10,172,356 shares of the company were exchanged, compared to its average volume of 10,270,690. Oracle has a 1-year low of $118.86 and a 1-year high of $241.44. The stock’s 50 day moving average price is $187.16 and its 200 day moving average price is $166.46. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 4.07. The firm has a market capitalization of $647.30 billion, a P/E ratio of 53.10, a price-to-earnings-growth ratio of 3.45 and a beta of 1.39.

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.

NYSE TSM traded up $0.62 on Friday, reaching $230.38. 8,805,986 shares of the company’s stock traded hands, compared to its average volume of 15,271,379. The firm has a market cap of $1.19 trillion, a price-to-earnings ratio of 29.61, a P/E/G ratio of 1.25 and a beta of 1.29. The stock has a 50 day moving average price of $206.45 and a 200-day moving average price of $192.39. Taiwan Semiconductor Manufacturing has a fifty-two week low of $133.57 and a fifty-two week high of $237.58. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.18 and a current ratio of 2.39.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

NYSE NOW traded down $30.97 on Friday, reaching $937.12. 2,144,933 shares of the company’s stock traded hands, compared to its average volume of 1,486,117. The firm has a market cap of $193.97 billion, a price-to-earnings ratio of 127.33, a P/E/G ratio of 4.31 and a beta of 0.94. The stock has a 50 day moving average price of $1,008.08 and a 200-day moving average price of $959.58. ServiceNow has a fifty-two week low of $678.66 and a fifty-two week high of $1,198.09. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.12 and a current ratio of 1.12.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

NYSE CRM traded down $5.74 on Friday, reaching $258.23. 7,004,264 shares of the company’s stock traded hands, compared to its average volume of 6,547,931. The firm has a market cap of $246.87 billion, a price-to-earnings ratio of 40.41, a P/E/G ratio of 2.34 and a beta of 1.36. The stock has a 50 day moving average price of $272.09 and a 200-day moving average price of $288.86. Salesforce has a fifty-two week low of $230.00 and a fifty-two week high of $369.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.07 and a current ratio of 1.07.

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

NASDAQ PANW traded down $4.68 on Friday, reaching $187.39. 7,403,780 shares of the company’s stock traded hands, compared to its average volume of 5,419,524. The firm has a market cap of $124.95 billion, a price-to-earnings ratio of 107.08, a P/E/G ratio of 5.23 and a beta of 0.97. The stock has a 50 day moving average price of $195.04 and a 200-day moving average price of $185.75. Palo Alto Networks has a fifty-two week low of $142.01 and a fifty-two week high of $208.39.