Promising Manufacturing Stocks To Add to Your Watchlist - November 4th

Key Points

• Taiwan Semiconductor Manufacturing, Applied Materials, and Johnson Controls International were identified as manufacturing stocks to watch because they had the sector’s highest recent dollar trading volumes.
• The companies span different areas of manufacturing: TSMC makes semiconductors, Applied Materials supplies semiconductor and display production equipment, and Johnson Controls builds building products and systems.
• All three shares fell on Wednesday: TSMC traded at $398.40, Applied Materials at $370.34, and Johnson Controls at $140.81.

Taiwan Semiconductor Manufacturing, Applied Materials, and Johnson Controls International are the three 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 industrial equipment. For investors, these stocks may be influenced by factors including consumer and business demand, raw-material costs, supply-chain conditions, economic growth, and interest rates. 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 NYSE:TSM traded down $6.40 during trading on Wednesday, reaching $398.40. 8,463,378 shares of the company's stock traded hands, compared to its average volume of 13,001,514. 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 quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. The firm has a market cap of $2.07 trillion, a PE ratio of 25.62, a P/E/G ratio of 0.81 and a beta of 1.44. The company has a 50-day simple moving average of $434.50 and a 200-day simple moving average of $400.22.

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 down $11.58 during trading hours on Wednesday, reaching $370.34. The company's stock had a trading volume of 3,452,346 shares, compared to its average volume of 7,848,488. The firm has a market capitalization of $293.90 billion, a price-to-earnings ratio of 31.87, a P/E/G ratio of 0.73 and a beta of 1.67. Applied Materials has a 1-year low of $203.40 and a 1-year high of $739.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. The company's 50-day moving average is $453.26 and its two-hundred day moving average is $444.38.

Read Our Latest Research Report on AMAT

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.

JCI traded down $9.10 during trading on Wednesday, hitting $140.81. The company's stock had a trading volume of 4,614,739 shares, compared to its average volume of 4,134,551. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 0.55. Johnson Controls International has a twelve month low of $108.41 and a twelve month high of $160.41. The business's fifty day simple moving average is $147.56 and its 200 day simple moving average is $141.15. The firm has a market capitalization of $85.29 billion, a price-to-earnings ratio of 30.04, a P/E/G ratio of 1.15 and a beta of 1.27.

Read Our Latest Research Report on JCI

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