Promising Manufacturing Stocks Worth Watching - May 3rd

Key Points

• MarketBeat's screener highlights Taiwan Semiconductor Manufacturing (TSM), Applied Materials (AMAT), and Jabil (JBL) as the top manufacturing stocks by recent dollar trading volume, representing a global chip foundry, a semiconductor/display equipment supplier, and an electronics manufacturing services provider, respectively.
• Manufacturing stocks provide exposure to industrial demand and the economic cycle but are especially sensitive to commodity and labor costs, capital expenditure levels, supply‑chain disruptions, and trade policy, risks investors should weigh before buying.

Taiwan Semiconductor Manufacturing, Applied Materials, and Jabil are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are shares of publicly traded companies whose primary business is producing physical goods through industrial processes — for example, automakers, machinery makers, electronics producers, and consumer-goods manufacturers. For investors, these stocks provide exposure to industrial demand and the economic cycle and tend to be sensitive to commodity and labor costs, capital expenditure levels, supply-chain disruptions, and trade policy. 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

Jabil (JBL)

Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

Read Our Latest Research Report on JBL

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