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Manufacturing Stocks Worth Watching - March 8th

Taiwan Semiconductor Manufacturing logo with Computer and Technology background
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Key Points

  • MarketBeat highlights five manufacturing stocks to watch: Taiwan Semiconductor Manufacturing (TSM), Applied Materials (AMAT), Medline (MDLN), Phillips 66 (PSX), and Johnson Controls International (JCI) were selected for having the highest dollar trading volume among manufacturing stocks recently.
  • TSM and AMAT are notable semiconductor plays tied to AI demand: TSM is a leading chip manufacturer and AMAT supplies key fabrication equipment, positioning both to benefit from the AI-driven surge in semiconductor spending.
  • Medline, Phillips 66, and Johnson Controls round out the list, representing healthcare supplies, energy/refining/logistics, and building systems respectively, illustrating the breadth of manufacturing exposure and sensitivity to economic cycles and supply-chain dynamics.
  • Five stocks we like better than Taiwan Semiconductor Manufacturing.

Taiwan Semiconductor Manufacturing, Applied Materials, Medline, Phillips 66, and Johnson Controls International are the five 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 automobiles, machinery, electronics, textiles, or consumer appliances—and selling them to wholesalers, retailers, or directly to consumers. For investors, these stocks are often sensitive to economic cycles, input costs, supply-chain dynamics and industrial indicators (like factory orders and production data), which influence revenue, margins and capital expenditure needs. 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

Medline (MDLN)

Our mission is to make healthcare run better by delivering improved clinical, financial, and operational outcomes. We are the largest provider of medical-surgical (“med-surg”) products and supply chain solutions serving all points of care, based on total net sales of med-surg products. We deliver mission-critical products used daily across the full range of care settings, from hospitals and surgery centers to physician offices and post-acute facilities.

Read Our Latest Research Report on MDLN

Phillips 66 (PSX)

Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.

Read Our Latest Research Report on PSX

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

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Should You Invest $1,000 in Taiwan Semiconductor Manufacturing Right Now?

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