Manufacturing Stocks To Add to Your Watchlist - July 28th

Key Points

• Taiwan Semiconductor Manufacturing is a key stock to watch, with a market cap of $1.26 trillion and a PE ratio of 27.64, indicating strong market performance.
• GE Vernova operates under renewable and traditional energy segments, with a current stock price of $641.97 and a P/E ratio of 154.44, showcasing its valuation amidst high trading volumes.
• Vertiv specializes in digital infrastructure, with a recent stock price of $140.41, a market cap of $53.51 billion, and notable trading activity, highlighting its relevance in the tech sector.

Taiwan Semiconductor Manufacturing, GE Vernova, and Vertiv are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are the inventories held by a production company, encompassing raw materials, work‐in‐progress and finished goods awaiting sale. They represent a key current asset that ensures smooth production flow and order fulfilment, while requiring careful management to balance working‐capital investment against storage, handling and obsolescence costs. 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.

TSM traded down $3.33 during trading on Monday, hitting $242.27. The company had a trading volume of 6,760,377 shares, compared to its average volume of 15,565,647. The company has a market capitalization of $1.26 trillion, a PE ratio of 27.64, a PEG ratio of 1.18 and a beta of 1.29. Taiwan Semiconductor Manufacturing has a one year low of $133.57 and a one year high of $248.28. The firm's 50-day moving average price is $217.47 and its 200 day moving average price is $194.66. The company has a quick ratio of 2.18, a current ratio of 2.39 and a debt-to-equity ratio of 0.22.

Read Our Latest Research Report on TSM

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.

GEV stock traded down $2.63 during midday trading on Monday, hitting $641.97. The company's stock had a trading volume of 1,689,983 shares, compared to its average volume of 3,684,329. The stock has a market capitalization of $174.76 billion, a P/E ratio of 154.44, a PEG ratio of 4.57 and a beta of 1.86. The company's fifty day moving average price is $510.80 and its 200 day moving average price is $406.63. GE Vernova has a twelve month low of $150.01 and a twelve month high of $651.22.

Read Our Latest Research Report on GEV

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

VRT traded up $2.94 on Monday, reaching $140.41. The company had a trading volume of 5,280,706 shares, compared to its average volume of 9,386,570. Vertiv has a fifty-two week low of $53.60 and a fifty-two week high of $155.84. The stock has a market cap of $53.51 billion, a P/E ratio of 81.61, a P/E/G ratio of 1.37 and a beta of 1.75. The company's fifty day moving average is $118.59 and its 200 day moving average is $103.98. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.28 and a current ratio of 1.72.

Read Our Latest Research Report on VRT

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