Free Trial

Best Manufacturing Stocks To Watch Today - October 23rd

Taiwan Semiconductor Manufacturing logo with Computer and Technology background

Key Points

  • Taiwan Semiconductor Manufacturing (TSMC), along with other major players like Applied Materials and Phillips 66, are among the top manufacturing stocks highlighted for investors to watch due to their significant trading volume.
  • Applied Materials specializes in manufacturing equipment and software for the semiconductor industry, while Phillips 66 operates in various segments including midstream and refining of energy products.
  • Manufacturing stocks tend to be cyclical and are sensitive to various factors such as economic conditions, commodity prices, and supply-chain disruptions, making them important for investors seeking industrial exposure.
  • Five stocks to consider instead of Taiwan Semiconductor Manufacturing.

Taiwan Semiconductor Manufacturing, Applied Materials, Phillips 66, Johnson Controls International, Jabil, Stellantis, and Repligen are the seven Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are shares of publicly traded companies whose primary business is producing physical goods through industrial processes, such as automakers, machinery makers, electronics manufacturers, and consumer goods producers. Investors buy these stocks to gain exposure to industrial output, capital investment cycles, and demand for durable and consumer products. They tend to be cyclical and sensitive to economic conditions, commodity prices, supply-chain disruptions, and trade policy. 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

Phillips 66 (PSX)

Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.

Read Our Latest Research Report on PSX

Johnson Controls International (JCI)

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.

Read Our Latest Research Report on JCI

Jabil (JBL)

Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

Read Our Latest Research Report on JBL

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

Repligen (RGEN)

Repligen Corporation develops and commercializes bioprocessing technologies and systems for use in biological drug manufacturing process in North America, Europe, the Asia Pacific, and internationally. It offers Protein A ligands that are the binding components of Protein A affinity chromatography resins; and cell culture growth factor products.

Read Our Latest Research Report on RGEN

Featured Articles

Should You Invest $1,000 in Taiwan Semiconductor Manufacturing Right Now?

Before you consider Taiwan Semiconductor Manufacturing, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taiwan Semiconductor Manufacturing wasn't on the list.

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

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Ways AI Is Creating Massive Profits — and the Stocks to Watch
Investors Are Bracing for a Crash — Here’s Where the Money’s Moving
Looking for Growth? This Tiny AI Stock Has MAJOR Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines