Best Manufacturing Stocks Worth Watching – February 02nd

Taiwan Semiconductor Manufacturing, ServiceNow, and Exxon Mobil are the three Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks refer to shares of companies that are involved in the production of goods through processes like fabrication, assembly, or conversion of raw materials into finished products. These companies typically operate in industries such as automotive, electronics, machinery, and consumer goods, and their stock prices are influenced by factors like production efficiency, demand for goods, and economic conditions. 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 Taiwan Semiconductor Manufacturing stock traded up $1.13 on Friday, reaching $209.28. 15,742,879 shares of the company were exchanged, compared to its average volume of 18,822,546. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing has a fifty-two week low of $112.61 and a fifty-two week high of $226.40. The firm has a market capitalization of $1.09 trillion, a price-to-earnings ratio of 29.73, a price-to-earnings-growth ratio of 0.67 and a beta of 1.07. The stock has a fifty day moving average price of $202.44 and a 200-day moving average price of $186.33.

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.

NYSE NOW traded up $7.42 on Friday, hitting $1,020.17. 2,866,592 shares of the company were exchanged, compared to its average volume of 1,263,238. ServiceNow has a twelve month low of $637.99 and a twelve month high of $1,198.09. The company’s 50 day moving average price is $1,083.66 and its 200-day moving average price is $955.82. The firm has a market capitalization of $210.16 billion, a P/E ratio of 149.37, a price-to-earnings-growth ratio of 5.19 and a beta of 0.99. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.13 and a quick ratio of 1.13.

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

Shares of XOM stock traded down $2.75 during trading hours on Friday, reaching $106.82. 20,373,958 shares of the stock traded hands, compared to its average volume of 13,650,872. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $469.48 billion, a PE ratio of 13.30, a PEG ratio of 2.84 and a beta of 0.91. Exxon Mobil has a 1-year low of $100.42 and a 1-year high of $126.34. The business has a fifty day moving average price of $110.36 and a 200 day moving average price of $115.23.