Best Manufacturing Stocks To Research - October 9th

Key Points

• Taiwan Semiconductor Manufacturing, Applied Materials, and Stellantis are highlighted as top manufacturing stocks to watch for investors looking for exposure to economic cycles.
• Taiwan Semiconductor Manufacturing Company specializes in semiconductor devices and has a global presence, providing various fabrication processes.
• Applied Materials offers manufacturing equipment and services primarily for the semiconductor industry, indicating strong support for manufacturing technology advancements.

Taiwan Semiconductor Manufacturing, Applied Materials, and Stellantis are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are shares of publicly traded companies whose primary business is the physical production of goods—ranging from automobiles and electronics to consumer packaged products and industrial machinery. Investors in these stocks seek exposure to economic cycles, as manufacturing firms often benefit when consumer demand and capital spending rise. Because they tend to generate steady cash flows and may pay dividends, manufacturing stocks can play a role in both growth and income-oriented portfolios. 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

Stellantis (STLA)

Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide. It provides luxury and premium vehicles; sport utility vehicles; American and European brand vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services.

Read Our Latest Research Report on STLA