Manufacturing Stocks To Watch Now - October 18th

Key Points

• Three manufacturing stocks to watch include Taiwan Semiconductor Manufacturing, Applied Materials, and Johnson Controls International, based on recent trading volume.
• Taiwan Semiconductor Manufacturing specializes in manufacturing integrated circuits and offers various semiconductor fabrication processes globally.
• Applied Materials provides equipment and services for semiconductor manufacturing, operating in three segments focused on semiconductor systems, services, and display markets.

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 whose primary business is producing physical goods—such as autos, machinery, electronics, chemicals, and other industrial products—and are held by investors to gain exposure to the industrial and production side of the economy. Their performance tends to be cyclical and sensitive to factors like economic growth, capital spending, commodity and input costs, supply-chain dynamics, and labor conditions, making them attractive for investors seeking growth tied to economic expansion or value opportunities during downturns. 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

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.

Read Our Latest Research Report on JCI