Best Manufacturing Stocks To Watch Now – July 16th

Taiwan Semiconductor Manufacturing, Oracle, and Applied Materials are the three Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are the inventories a production business holds at various stages of its process—ranging from raw materials and components through work-in-progress to finished goods awaiting sale. Proper management of these stocks ensures uninterrupted production, buffers against supply chain fluctuations, and balances service levels with the costs of holding inventory. 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.

TSM stock traded up $0.69 during trading on Wednesday, hitting $237.64. The stock had a trading volume of 7,992,485 shares, compared to its average volume of 15,219,542. The stock has a market capitalization of $1.23 trillion, a P/E ratio of 30.50, a PEG ratio of 1.24 and a beta of 1.29. The company’s 50-day moving average price is $208.79 and its two-hundred day moving average price is $192.81. Taiwan Semiconductor Manufacturing has a twelve month low of $133.57 and a twelve month high of $237.71. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.39 and a quick ratio of 2.18.

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 Oracle stock traded up $1.95 on Wednesday, hitting $236.91. 4,803,701 shares of the company were exchanged, compared to its average volume of 10,262,390. The stock has a market capitalization of $665.45 billion, a price-to-earnings ratio of 54.65, a price-to-earnings-growth ratio of 3.43 and a beta of 1.39. The company has a 50-day moving average price of $190.49 and a 200 day moving average price of $167.32. Oracle has a 1-year low of $118.86 and a 1-year high of $241.44. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.07.

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.

Shares of Applied Materials stock traded down $5.67 on Wednesday, hitting $193.62. 5,316,020 shares of the company were exchanged, compared to its average volume of 7,119,716. The stock has a market capitalization of $155.38 billion, a price-to-earnings ratio of 23.57, a price-to-earnings-growth ratio of 2.19 and a beta of 1.69. The company has a 50-day moving average price of $173.69 and a 200 day moving average price of $165.38. Applied Materials has a 1-year low of $123.74 and a 1-year high of $247.52. The company has a quick ratio of 1.76, a current ratio of 2.46 and a debt-to-equity ratio of 0.29.