Manufacturing Stocks Worth Watching – August 11th

Oracle, Taiwan Semiconductor Manufacturing, Salesforce, C3.ai, Palo Alto Networks, Rocket Lab, and ServiceNow are the seven Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are the inventories of raw materials, work-in-progress and finished goods that a company holds at various stages of its production cycle. They are recorded as current assets on the balance sheet and managed to ensure smooth production flow while controlling costs and optimizing cash flow. 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.

NYSE ORCL traded up $3.88 during trading hours on Monday, hitting $253.93. The company had a trading volume of 5,211,095 shares, compared to its average volume of 11,998,016. The firm has a 50 day simple moving average of $222.64 and a 200 day simple moving average of $177.75. Oracle has a 52 week low of $118.86 and a 52 week high of $260.87. The firm has a market capitalization of $713.25 billion, a price-to-earnings ratio of 58.48, a PEG ratio of 3.73 and a beta of 1.43. The company has a debt-to-equity ratio of 4.07, a quick ratio of 0.75 and a current ratio of 0.75.

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 NYSE:TSM traded up $1.74 on Monday, hitting $243.57. The company’s stock had a trading volume of 5,102,018 shares, compared to its average volume of 15,259,926. The company has a 50-day simple moving average of $226.40 and a 200 day simple moving average of $196.53. Taiwan Semiconductor Manufacturing has a 1 year low of $134.25 and a 1 year high of $248.28. The company has a market capitalization of $1.26 trillion, a PE ratio of 27.78, a PEG ratio of 1.17 and a beta of 1.19. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.37 and a quick ratio of 2.15.

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.

Shares of NYSE CRM traded down $5.46 during trading hours on Monday, reaching $235.05. 4,070,756 shares of the stock traded hands, compared to its average volume of 7,080,278. The company has a market capitalization of $224.70 billion, a P/E ratio of 36.76, a price-to-earnings-growth ratio of 2.18 and a beta of 1.37. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.14. Salesforce has a 52-week low of $230.00 and a 52-week high of $369.00. The company’s 50-day simple moving average is $263.47 and its two-hundred day simple moving average is $278.75.

C3.ai (AI)

C3.ai, Inc. operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information.

AI traded down $5.24 on Monday, hitting $16.89. 52,298,934 shares of the company were exchanged, compared to its average volume of 5,710,875. The firm has a fifty day simple moving average of $25.26 and a two-hundred day simple moving average of $24.72. C3.ai has a 12 month low of $14.70 and a 12 month high of $45.08. The stock has a market capitalization of $2.27 billion, a PE ratio of -7.51 and a beta of 1.98.

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.

PANW traded up $1.95 on Monday, hitting $169.01. 5,174,304 shares of the company were exchanged, compared to its average volume of 6,061,506. Palo Alto Networks has a 12 month low of $144.15 and a 12 month high of $210.39. The stock has a market capitalization of $112.70 billion, a PE ratio of 96.53, a price-to-earnings-growth ratio of 3.96 and a beta of 0.94. The firm has a fifty day simple moving average of $194.23 and a two-hundred day simple moving average of $186.91.

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

NASDAQ:RKLB traded up $0.92 during trading hours on Monday, hitting $45.61. The company had a trading volume of 18,581,607 shares, compared to its average volume of 19,982,211. The company has a market capitalization of $21.05 billion, a PE ratio of -101.77 and a beta of 2.17. The stock has a 50-day moving average price of $37.55 and a 200 day moving average price of $27.81. Rocket Lab has a 52 week low of $5.03 and a 52 week high of $53.44. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.08 and a quick ratio of 1.72.

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.

Shares of NYSE NOW traded down $10.46 during mid-day trading on Monday, hitting $862.05. 912,111 shares of the stock traded hands, compared to its average volume of 1,686,917. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.09 and a current ratio of 1.09. ServiceNow has a 52 week low of $678.66 and a 52 week high of $1,198.09. The company has a market cap of $179.31 billion, a price-to-earnings ratio of 108.62, a PEG ratio of 3.93 and a beta of 0.93. The stock has a fifty day moving average price of $982.92 and a 200-day moving average price of $942.17.