Best Manufacturing Stocks To Follow Today - April 21st

Key Points

• MarketBeat names TSMC (TSM), Applied Materials (AMAT), and AstraZeneca (AZN) as the top manufacturing stocks to watch today, citing that they had the highest dollar trading volume among manufacturing stocks in recent days.
• TSMC is the global leader in wafer fabrication with a wide range of processes, and despite a post-earnings share drop MarketBeat says signs of AI-driven weakness there are scant.
• Applied Materials supplies semiconductor manufacturing equipment and services, while AstraZeneca is a major biopharmaceutical manufacturer with a broad drug portfolio, making both cyclical, capital-intensive plays sensitive to demand and economic conditions.

Taiwan Semiconductor Manufacturing, Applied Materials, and Astrazeneca are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are shares of companies that produce physical goods through industrial processes—such as automakers, machinery makers, electronics and chemical producers, and consumer-goods manufacturers. For investors, these stocks tend to be cyclical and capital-intensive, with earnings and share prices that often track broader economic activity and are sensitive to changes in demand, commodity costs, and production capacity. 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.

Read Our Latest Research Report on TSM

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.

Read Our Latest Research Report on AMAT

Astrazeneca (AZN)

AstraZeneca PLC, a biopharmaceutical company, focuses on the discovery, development, manufacturing, and commercialization of prescription medicines. Its marketed products include Calquence, Enhertu, Faslodex, Imfinzi, Iressa, Koselugo, Lumoxiti, Lynparza, Orpathys, Tagrisso, and Zoladex for oncology; Brilinta/Brilique, Bydureon/Byetta, BCise, Byetta, Crestor, Evrenzo, Farxiga/Forxiga, Komboglyze/Kombiglyze XR, Lokelma, Onglyza, Qtern, and Xigduo/Xigduo XR for cardiovascular, renal, and metabolism diseases; Bevespi Aerosphere, Breztri Aerosphere, Daliresp/Daxas, Duaklir Genuair, Fasenra, Pulmicort, Saphnelo, Symbicort, and Tudorza/Eklira/Bretaris for respiratory and immunology; and Andexxa/Ondexxya, Kanuma, Soliris, Strensiq, and Ultomiris for rare diseases.

Read Our Latest Research Report on AZN

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