Best Manufacturing Stocks To Follow Today - September 28th

Key Points

• MarketBeat identified five manufacturing stocks to watch: Taiwan Semiconductor Manufacturing (TSM), Applied Materials (AMAT), Phillips 66 (PSX), Modine Manufacturing (MOD), and Jabil (JBL), based on recent dollar trading volume.
• Semiconductor-related companies lead the list: TSM manufactures integrated circuits globally, while Applied Materials supplies equipment, services, and software for chip and display production. TSM’s August revenue reportedly jumped 53%, signaling strong AI-chip demand.
• The remaining companies represent diverse manufacturing and industrial exposure: Phillips 66 operates energy manufacturing and logistics businesses, Modine provides thermal-management products, and Jabil delivers electronics and diversified manufacturing services.

Taiwan Semiconductor Manufacturing, Applied Materials, Phillips 66, Modine Manufacturing, and Jabil are the five Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are shares of companies that produce physical goods, such as automobiles, machinery, electronics, chemicals, or consumer products. For investors, these stocks represent ownership in businesses whose performance may be influenced by industrial demand, raw-material costs, supply chains, economic cycles, and overall business investment. 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

Modine Manufacturing (MOD)

Modine Manufacturing Company provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally. It operates through Climate Solutions and Performance Technologies segments. The company offers heat transfer coils, including heat recovery and round tube plate fin coils; gas-fired, hydronic, electric and oilfired unit heaters; roof-mounted direct- and indirect-fired makeup air units; duct furnaces; infrared units; perimeter heating products; single packaged unit ventilators; modular chillers; air handler and condensing units; ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers.

Read Our Latest Research Report on MOD

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.