Manufacturing Stocks To Watch Today - June 2nd

Salesforce, Zscaler, and Taiwan Semiconductor Manufacturing are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are the inventories of raw materials, work-in-progress items and finished goods held by a producer at different stages of the production process. They represent capital tied up in production and must be managed to ensure steady output, meet customer demand and minimize holding costs. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Salesforce stock traded down $3.69 during trading hours on Monday, hitting $261.68. 3,942,307 shares of the company traded hands, compared to its average volume of 6,660,043. The firm's 50-day simple moving average is $267.31 and its two-hundred day simple moving average is $304.30. The firm has a market cap of $251.58 billion, a P/E ratio of 43.07, a P/E/G ratio of 2.58 and a beta of 1.42. Salesforce has a 1-year low of $227.77 and a 1-year high of $369.00. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.14.

Read Our Latest Research Report on CRM

Zscaler (ZS)

Zscaler, Inc. operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

NASDAQ ZS traded up $15.59 on Monday, reaching $291.29. The company's stock had a trading volume of 3,251,752 shares, compared to its average volume of 2,244,299. The stock has a market cap of $45.07 billion, a PE ratio of -1,165.15 and a beta of 1.14. Zscaler has a twelve month low of $153.45 and a twelve month high of $290.65. The firm's 50 day moving average is $220.62 and its two-hundred day moving average is $206.31.

Read Our Latest Research Report on ZS

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 up $0.92 during trading on Monday, reaching $194.24. The company had a trading volume of 4,069,914 shares, compared to its average volume of 15,837,825. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The company has a market cap of $1.01 trillion, a price-to-earnings ratio of 27.58, a PEG ratio of 0.66 and a beta of 1.21. Taiwan Semiconductor Manufacturing has a 12-month low of $133.57 and a 12-month high of $226.40. The firm's 50-day simple moving average is $171.06 and its 200 day simple moving average is $187.43.

Read Our Latest Research Report on TSM