Promising Manufacturing Stocks To Consider - April 29th

Key Points

• MarketBeat highlights Taiwan Semiconductor Manufacturing (TSM), Applied Materials (AMAT), and AstraZeneca (AZN) as the three manufacturing stocks to watch, citing they had the highest dollar trading volume among manufacturing stocks recently.
• TSM is a leading semiconductor foundry offering wafer fabrication services, while AMAT provides the equipment, services, and software used to manufacture chips and displays, placing both as key parts of the chip supply chain.
• MarketBeat notes manufacturing stocks are typically cyclical and sensitive to economic growth, industrial indicators, commodity prices, and capital spending, which can drive significant revenue and profit volatility.

Taiwan Semiconductor Manufacturing, Applied Materials, and Astrazeneca are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are equity shares of companies whose primary business is producing physical goods—such as autos, machinery, electronics, chemicals, and consumer durables—rather than providing services. For investors, these stocks are often cyclical and sensitive to economic growth, industrial indicators (like PMI and industrial production), commodity prices, and capital spending, which can drive their revenue and profit volatility. 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

Astrazeneca (AZN)

AstraZeneca PLC, a biopharmaceutical company, focuses on the discovery, development, manufacturing, and commercialization of prescription medicines. Its marketed products include Calquence, Enhertu, Faslodex, Imfinzi, Iressa, Koselugo, Lumoxiti, Lynparza, Orpathys, Tagrisso, and Zoladex for oncology; Brilinta/Brilique, Bydureon/Byetta, BCise, Byetta, Crestor, Evrenzo, Farxiga/Forxiga, Komboglyze/Kombiglyze XR, Lokelma, Onglyza, Qtern, and Xigduo/Xigduo XR for cardiovascular, renal, and metabolism diseases; Bevespi Aerosphere, Breztri Aerosphere, Daliresp/Daxas, Duaklir Genuair, Fasenra, Pulmicort, Saphnelo, Symbicort, and Tudorza/Eklira/Bretaris for respiratory and immunology; and Andexxa/Ondexxya, Kanuma, Soliris, Strensiq, and Ultomiris for rare diseases.

Read Our Latest Research Report on AZN

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