Manufacturing Stocks To Keep An Eye On - November 6th

Key Points

• Taiwan Semiconductor Manufacturing, Applied Materials, and Fabrinet were highlighted as manufacturing stocks with the highest recent dollar trading volume.
• All three stocks rose in Friday trading: TSM gained $17.30 to $370.40, AMAT rose $12.46 to $331.71, and FN added $25.20 to $318.17.
• Each traded below its 50-day moving average; all were also well below their respective 52-week highs.

Taiwan Semiconductor Manufacturing, Applied Materials, and Fabrinet are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are shares of companies that make physical goods, such as vehicles, machinery, electronics, or building materials. For investors, they represent ownership in businesses whose performance can be affected by demand, production costs, supply chains, and economic cycles. 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.

Shares of TSM traded up $17.30 during trading hours on Friday, hitting $370.40. 13,339,071 shares of the stock were exchanged, compared to its average volume of 13,168,924. Taiwan Semiconductor Manufacturing has a fifty-two week low of $266.82 and a fifty-two week high of $487.47. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. The business has a 50-day moving average of $432.74 and a 200-day moving average of $400.53. The firm has a market capitalization of $1.92 trillion, a P/E ratio of 23.85, a price-to-earnings-growth ratio of 0.80 and a beta of 1.44.

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.

NASDAQ AMAT traded up $12.46 during mid-day trading on Friday, reaching $331.71. 3,759,053 shares of the stock were exchanged, compared to its average volume of 7,892,457. The stock has a market cap of $263.24 billion, a P/E ratio of 28.52, a P/E/G ratio of 0.72 and a beta of 1.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. Applied Materials has a one year low of $203.40 and a one year high of $739.67. The stock has a 50 day simple moving average of $447.84 and a 200-day simple moving average of $444.59.

Read Our Latest Research Report on AMAT

Fabrinet (FN)

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing.

FN traded up $25.20 during trading on Friday, reaching $318.17. 910,026 shares of the stock traded hands, compared to its average volume of 878,208. The company has a quick ratio of 1.52, a current ratio of 2.04 and a debt-to-equity ratio of 0.03. The stock's 50-day moving average is $396.23 and its 200 day moving average is $519.09. Fabrinet has a 12 month low of $286.07 and a 12 month high of $748.89. The stock has a market capitalization of $11.36 billion, a PE ratio of 23.89 and a beta of 1.35.

Read Our Latest Research Report on FN

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