Best Manufacturing Stocks Worth Watching - July 24th

ServiceNow, GE Vernova, Taiwan Semiconductor Manufacturing, Bloom Energy, and Danaher are the five Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are the inventories of materials and products that a production company holds at various stages of its operations—including raw materials awaiting processing, work-in-progress items on the factory floor, and finished goods ready for sale. They represent capital tied up in the production cycle and serve to smooth out supply-and-demand fluctuations, prevent stockouts, and maintain continuous workflow. Effective management of these stocks helps optimize cash flow, reduce carrying costs and improve overall operational efficiency. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

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 ServiceNow stock traded up $30.25 during trading on Thursday, hitting $986.68. 2,426,892 shares of the stock were exchanged, compared to its average volume of 1,682,720. The stock has a market cap of $204.22 billion, a price-to-earnings ratio of 134.06, a price-to-earnings-growth ratio of 4.41 and a beta of 0.94. The firm's 50-day moving average price is $1,002.51 and its 200 day moving average price is $954.31. ServiceNow has a 12-month low of $678.66 and a 12-month high of $1,198.09. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.12 and a quick ratio of 1.12.

Read Our Latest Research Report on NOW

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

Shares of GE Vernova stock traded down $7.26 during trading on Thursday, hitting $621.77. 2,379,385 shares of the stock were exchanged, compared to its average volume of 3,686,973. GE Vernova has a 12-month low of $150.01 and a 12-month high of $633.72. The stock has a market cap of $169.70 billion, a price-to-earnings ratio of 89.59, a price-to-earnings-growth ratio of 4.13 and a beta of 1.86. The firm's 50-day moving average price is $502.54 and its 200 day moving average price is $402.41.

Read Our Latest Research Report on GEV

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.

TSM traded up $0.23 on Thursday, reaching $240.56. The company had a trading volume of 5,235,809 shares, compared to its average volume of 15,628,870. Taiwan Semiconductor Manufacturing has a 1 year low of $133.57 and a 1 year high of $248.28. The stock has a market capitalization of $1.25 trillion, a PE ratio of 27.43, a P/E/G ratio of 1.13 and a beta of 1.29. The company has a quick ratio of 2.18, a current ratio of 2.39 and a debt-to-equity ratio of 0.22. The stock has a 50-day moving average price of $215.49 and a 200-day moving average price of $194.46.

Read Our Latest Research Report on TSM

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

NYSE BE traded up $6.53 during trading on Thursday, reaching $33.42. The company's stock had a trading volume of 27,676,782 shares, compared to its average volume of 6,604,497. The company has a debt-to-equity ratio of 2.07, a quick ratio of 2.39 and a current ratio of 3.44. The firm has a market cap of $7.76 billion, a price-to-earnings ratio of -668.27 and a beta of 3.22. Bloom Energy has a twelve month low of $9.02 and a twelve month high of $33.67. The business's fifty day moving average price is $22.23 and its 200-day moving average price is $21.91.

Read Our Latest Research Report on BE

Danaher (DHR)

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The Biotechnology segments offers bioprocess technologies, consumables, and services that advance, accelerate, and integrate the development and manufacture of therapeutics; cell line and cell culture media development services; cell culture media, process liquids and buffers for manufacturing, chromatography resins, filtration technologies, aseptic fill finish; single-use hardware and consumables and services, such as the design and installation of full manufacturing suites; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes, and services; and healthcare filtration solutions.

NYSE DHR traded up $5.96 during trading on Thursday, reaching $203.85. The company's stock had a trading volume of 4,285,992 shares, compared to its average volume of 4,240,878. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.05 and a current ratio of 1.43. The firm has a market cap of $145.89 billion, a price-to-earnings ratio of 43.37, a P/E/G ratio of 2.65 and a beta of 0.77. Danaher has a twelve month low of $171.00 and a twelve month high of $281.70. The business's fifty day moving average price is $195.94 and its 200-day moving average price is $204.39.

Read Our Latest Research Report on DHR

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.