Promising Manufacturing Stocks To Keep An Eye On - July 25th

Key Points

• Taiwan Semiconductor Manufacturing, GE Vernova, and ServiceNow are highlighted as the top manufacturing stocks to watch, based on recent trading volume.
• Taiwan Semiconductor Manufacturing (TSM) has a market cap of $1.28 trillion and recently reached a share price of $245.90, with a notable 12-month high of $248.28.
• GE Vernova LLC, involved in energy generation, traded up to $642.74 with a market cap of $175.42 billion, showcasing significant performance over the past year.
• ServiceNow, providing intelligent workflow automation, reported a current share price of $975.73 and has a market cap of $201.96 billion, despite a recent drop in stock value.

Taiwan Semiconductor Manufacturing, GE Vernova, and ServiceNow are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are the inventories that a production facility holds to support its operations. They include raw materials awaiting processing, work-in-progress items undergoing transformation, and finished goods ready for distribution. Proper management of these stocks ensures a smooth production flow and timely order fulfillment. 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.

Shares of TSM traded up $4.30 during trading hours on Friday, reaching $245.90. 8,837,243 shares of the company traded hands, compared to its average volume of 15,607,924. The company's fifty day moving average price is $216.44 and its two-hundred day moving average price is $194.61. The company has a market capitalization of $1.28 trillion, a price-to-earnings ratio of 28.03, a price-to-earnings-growth ratio of 1.16 and a beta of 1.29. The company has a quick ratio of 2.18, a current ratio of 2.39 and a debt-to-equity ratio of 0.22. Taiwan Semiconductor Manufacturing has a 12 month low of $133.57 and a 12 month high of $248.28.

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.

NYSE GEV traded up $18.77 during trading hours on Friday, reaching $642.74. 2,628,190 shares of the company's stock traded hands, compared to its average volume of 3,691,416. GE Vernova has a 52-week low of $150.01 and a 52-week high of $651.22. The firm has a market cap of $175.42 billion, a PE ratio of 154.79, a PEG ratio of 4.70 and a beta of 1.86. The firm has a 50-day simple moving average of $506.49 and a 200 day simple moving average of $404.16.

Read Our Latest Research Report on GEV

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NYSE NOW traded down $20.45 during midday trading on Friday, hitting $975.73. The stock had a trading volume of 1,330,781 shares, compared to its average volume of 1,692,323. The business's 50 day moving average is $1,001.77 and its 200-day moving average is $953.76. The company has a market cap of $201.96 billion, a P/E ratio of 122.52, a PEG ratio of 4.39 and a beta of 0.94. ServiceNow has a 52 week low of $678.66 and a 52 week high of $1,198.09. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.15.

Read Our Latest Research Report on NOW

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