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Best Manufacturing Stocks To Follow Now - September 22nd

Oracle logo with Computer and Technology background

Key Points

  • Oracle, Taiwan Semiconductor Manufacturing, and Synopsys are identified as the top manufacturing stocks to monitor due to the highest dollar trading volume recently.
  • Taiwan Semiconductor Manufacturing Company is a global leader in semiconductor devices, providing various wafer fabrication processes across multiple regions.
  • Synopsys specializes in electronic design automation software, essential for designing and testing integrated circuits through a range of innovative solutions.
  • MarketBeat previews top five stocks to own in October.

Oracle, Taiwan Semiconductor Manufacturing, and Synopsys are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are the inventories of raw materials, work-in-process items and finished goods that a company holds to keep its production lines running smoothly and meet customer demand. By balancing supply and demand variability, these stocks ensure uninterrupted operations and appear as assets on the manufacturer’s balance sheet. 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.

Read Our Latest Research Report on ORCL

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.

Read Our Latest Research Report on TSM

Synopsys (SNPS)

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.

Read Our Latest Research Report on SNPS

Further Reading

Should You Invest $1,000 in Oracle Right Now?

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While Oracle currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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