Promising Manufacturing Stocks To Watch Now – May 17th

Applied Materials, Taiwan Semiconductor Manufacturing, and Exxon Mobil are the three Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are equity shares of companies whose core business is the transformation of raw materials into finished goods through industrial processes. Investors in these stocks gain exposure to the industrial sector, whose performance typically tracks economic cycles, commodity costs, and global demand for durable and capital goods. 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.

AMAT stock traded down $9.18 during midday trading on Friday, reaching $165.57. 16,506,320 shares of the company’s stock traded hands, compared to its average volume of 6,876,977. The company has a market capitalization of $134.52 billion, a P/E ratio of 21.64, a PEG ratio of 1.81 and a beta of 1.71. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.67 and a quick ratio of 1.96. Applied Materials has a fifty-two week low of $123.74 and a fifty-two week high of $255.89. The business has a 50-day moving average price of $149.19 and a two-hundred day moving average price of $165.49.

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 traded down $0.28 during mid-day trading on Friday, reaching $193.94. 9,066,591 shares of the stock traded hands, compared to its average volume of 15,908,697. The firm has a market cap of $1.01 trillion, a price-to-earnings ratio of 27.55, a P/E/G ratio of 0.66 and a beta of 1.21. The stock has a fifty day simple moving average of $167.42 and a 200 day simple moving average of $187.45. Taiwan Semiconductor Manufacturing has a 12-month low of $133.57 and a 12-month high of $226.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

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, reaching $108.13. 14,040,466 shares of the stock traded hands, compared to its average volume of 15,556,607. The firm has a market cap of $466.01 billion, a price-to-earnings ratio of 13.79, a P/E/G ratio of 3.02 and a beta of 0.51. The stock has a fifty day simple moving average of $108.98 and a 200 day simple moving average of $110.85. Exxon Mobil has a 12-month low of $97.80 and a 12-month high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.