Manufacturing Stocks Worth Watching - August 1st

Key Points

• Taiwan Semiconductor Manufacturing Company (TSM) remains a focal point with a market cap of $1.22 trillion, and its stock price has seen significant fluctuations between a low of $133.57 and a high of $248.28 over the past year.
• Oracle (ORCL) is also highlighted, trading at $245.00 with a market cap of $688.17 billion, and holds a high P/E ratio of 56.45, indicating potential growth expectations.
• Chart Industries (GTLS) has shown robust trading volume, hitting $198.80, with a market capitalization of $8.93 billion and a notable P/E ratio of 36.95.

Taiwan Semiconductor Manufacturing, Oracle, Chart Industries, Palo Alto Networks, and GE Vernova are the five Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are the inventories held by a production‐oriented business, encompassing raw materials, work-in-progress items and finished goods awaiting sale. They ensure smooth, uninterrupted operations and timely fulfillment of customer orders, but also tie up capital and incur storage, handling and obsolescence risks. Efficient management of these stocks is critical for minimizing costs and optimizing overall production performance. 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.

NYSE:TSM traded down $6.55 during trading hours on Friday, reaching $235.07. The company's stock had a trading volume of 8,077,716 shares, compared to its average volume of 15,431,291. The company has a market capitalization of $1.22 trillion, a P/E ratio of 26.80, a price-to-earnings-growth ratio of 1.17 and a beta of 1.29. Taiwan Semiconductor Manufacturing has a 12 month low of $133.57 and a 12 month high of $248.28. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.18 and a current ratio of 2.37. The stock has a 50 day moving average price of $221.34 and a two-hundred day moving average price of $195.83.

Read Our Latest Research Report on TSM

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.

NYSE:ORCL traded down $8.77 during trading hours on Friday, reaching $245.00. The company's stock had a trading volume of 7,204,012 shares, compared to its average volume of 12,076,262. The company has a market capitalization of $688.17 billion, a P/E ratio of 56.45, a price-to-earnings-growth ratio of 3.74 and a beta of 1.39. Oracle has a 12 month low of $118.86 and a 12 month high of $260.87. The company has a debt-to-equity ratio of 4.07, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a 50 day moving average price of $211.78 and a two-hundred day moving average price of $174.13.

Read Our Latest Research Report on ORCL

Chart Industries (GTLS)

Chart Industries, Inc. engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.

GTLS stock traded down $0.03 on Friday, hitting $198.80. 8,696,550 shares of the company's stock were exchanged, compared to its average volume of 1,088,135. Chart Industries has a 12-month low of $101.60 and a 12-month high of $220.03. The firm has a 50 day moving average price of $161.68 and a two-hundred day moving average price of $164.30. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.21 and a current ratio of 1.55. The stock has a market cap of $8.93 billion, a P/E ratio of 36.95, a price-to-earnings-growth ratio of 0.78 and a beta of 1.68.

Read Our Latest Research Report on GTLS

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.

PANW stock traded up $1.78 on Friday, hitting $175.38. 8,996,204 shares of the company's stock were exchanged, compared to its average volume of 5,852,059. Palo Alto Networks has a 12-month low of $142.01 and a 12-month high of $210.39. The firm has a 50 day moving average price of $196.32 and a two-hundred day moving average price of $187.19. The stock has a market cap of $116.94 billion, a P/E ratio of 100.22, a price-to-earnings-growth ratio of 5.11 and a beta of 0.97.

Read Our Latest Research Report on PANW

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 $6.13 on Friday, hitting $654.16. 2,048,712 shares of the company's stock were exchanged, compared to its average volume of 3,665,766. GE Vernova has a 12-month low of $150.01 and a 12-month high of $677.29. The firm has a 50 day moving average price of $526.57 and a two-hundred day moving average price of $413.87. The stock has a market cap of $178.08 billion, a P/E ratio of 157.63, a price-to-earnings-growth ratio of 4.53 and a beta of 1.86.

Read Our Latest Research Report on GEV

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