Manufacturing Stocks Worth Watching - August 14th

Key Points

• The five manufacturing stocks highlighted to watch are Oracle, Taiwan Semiconductor Manufacturing, GE Vernova, Salesforce, and Palo Alto Networks, based on high trading volumes recently.
• Oracle's stock showed a trading volume of over 5.4 million shares on Thursday, reflecting its strong market presence with a market cap of $689.27 billion.
• Taiwan Semiconductor Manufacturing has a current market cap of $1.25 trillion and a twelve-month trading range of $134.25 to $248.28, indicating its significant position in the semiconductor industry.

Oracle, Taiwan Semiconductor Manufacturing, GE Vernova, Salesforce, and Palo Alto Networks are the five Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are the inventories of raw materials, work-in-progress and finished goods that a factory holds at various stages of its production process. They ensure that production can continue without interruption by providing the necessary inputs and buffering against supply chain delays. Effective management of these stocks helps control costs, minimize waste and meet customer demand on schedule. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

ORCL traded up $1.22 on Thursday, reaching $245.40. The company had a trading volume of 5,473,589 shares, compared to its average volume of 11,981,043. Oracle has a 1 year low of $118.86 and a 1 year high of $260.87. The stock has a market capitalization of $689.27 billion, a PE ratio of 56.54, a P/E/G ratio of 3.79 and a beta of 1.43. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.07. The stock has a 50-day moving average price of $227.58 and a 200-day moving average price of $179.21.

Read Our Latest Research Report on ORCL

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.

NYSE TSM traded down $1.37 during trading on Thursday, reaching $240.07. The company's stock had a trading volume of 4,418,956 shares, compared to its average volume of 15,110,781. Taiwan Semiconductor Manufacturing has a twelve month low of $134.25 and a twelve month high of $248.28. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.15 and a current ratio of 2.37. The business's fifty day moving average price is $229.05 and its 200-day moving average price is $197.31. The firm has a market cap of $1.25 trillion, a price-to-earnings ratio of 27.37, a P/E/G ratio of 1.18 and a beta of 1.19.

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 traded down $9.83 on Thursday, hitting $624.48. 1,600,860 shares of the company were exchanged, compared to its average volume of 3,583,905. The business's fifty day moving average is $558.05 and its 200 day moving average is $429.11. GE Vernova has a fifty-two week low of $173.07 and a fifty-two week high of $677.29. The firm has a market capitalization of $170.00 billion, a P/E ratio of 150.48, a price-to-earnings-growth ratio of 4.54 and a beta of 1.90.

Read Our Latest Research Report on GEV

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.

CRM stock traded down $2.55 on Thursday, reaching $234.48. The company had a trading volume of 3,974,879 shares, compared to its average volume of 7,165,344. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $224.16 billion, a P/E ratio of 36.69, a PEG ratio of 2.10 and a beta of 1.37. The company's fifty day moving average is $261.72 and its 200 day moving average is $277.44. Salesforce has a 1 year low of $226.48 and a 1 year high of $369.00.

Read Our Latest Research Report on CRM

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

NASDAQ:PANW traded down $1.29 during trading hours on Thursday, reaching $175.57. 4,104,504 shares of the company were exchanged, compared to its average volume of 6,155,591. Palo Alto Networks has a 52-week low of $144.15 and a 52-week high of $210.39. The stock has a 50 day simple moving average of $192.92 and a 200 day simple moving average of $186.63. The firm has a market cap of $117.07 billion, a price-to-earnings ratio of 100.30, a PEG ratio of 4.16 and a beta of 0.94.

Read Our Latest Research Report on PANW

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