Promising Manufacturing Stocks To Watch Now – March 11th

Oracle, Taiwan Semiconductor Manufacturing, ServiceNow, Salesforce, Exxon Mobil, GE Vernova, and Teradyne are the seven Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks refer to shares of companies that produce goods—from machinery and electronics to automobiles and consumer products. These stocks are often sensitive to economic cycles and shifts in consumer demand, reflecting broader trends in industrial activity and technological changes. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

ORCL stock traded down $6.64 during mid-day trading on Tuesday, reaching $142.15. The company had a trading volume of 16,563,932 shares, compared to its average volume of 11,946,354. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle has a one year low of $112.78 and a one year high of $198.31. The stock’s 50-day simple moving average is $167.27 and its two-hundred day simple moving average is $169.58. The stock has a market capitalization of $397.59 billion, a P/E ratio of 34.85, a P/E/G ratio of 3.46 and a beta of 1.07.

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.

TSM stock traded down $1.16 during trading on Tuesday, hitting $169.50. The company had a trading volume of 7,486,009 shares, compared to its average volume of 18,151,588. The firm has a market capitalization of $879.07 billion, a price-to-earnings ratio of 24.03, a P/E/G ratio of 0.66 and a beta of 1.13. 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 $125.78 and a fifty-two week high of $226.40. The business has a 50 day moving average of $201.45 and a 200 day moving average of $191.93.

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.

NOW stock traded up $22.25 during trading hours on Tuesday, hitting $806.08. 1,562,567 shares of the stock traded hands, compared to its average volume of 1,749,270. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.15. The stock has a 50-day simple moving average of $1,011.72 and a 200 day simple moving average of $985.64. ServiceNow has a one year low of $637.99 and a one year high of $1,198.09. The company has a market cap of $166.05 billion, a P/E ratio of 118.04, a P/E/G ratio of 4.51 and a beta of 1.03.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Shares of CRM traded up $2.55 during mid-day trading on Tuesday, hitting $275.45. The company’s stock had a trading volume of 4,150,840 shares, compared to its average volume of 6,987,855. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a 50-day moving average price of $322.41 and a 200 day moving average price of $308.93. Salesforce has a fifty-two week low of $212.00 and a fifty-two week high of $369.00. The stock has a market capitalization of $264.70 billion, a price-to-earnings ratio of 45.32, a PEG ratio of 2.58 and a beta of 1.35.

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.

Exxon Mobil stock traded down $2.74 during mid-day trading on Tuesday, hitting $109.06. The company’s stock had a trading volume of 8,624,493 shares, compared to its average volume of 14,963,736. Exxon Mobil has a twelve month low of $103.67 and a twelve month high of $126.34. The stock’s fifty day moving average price is $109.17 and its two-hundred day moving average price is $113.85. The stock has a market capitalization of $473.21 billion, a P/E ratio of 13.90, a P/E/G ratio of 3.02 and a beta of 0.83. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

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.

Shares of NYSE GEV traded up $12.45 during mid-day trading on Tuesday, hitting $282.58. 2,888,570 shares of the company traded hands, compared to its average volume of 4,226,022. GE Vernova has a 1 year low of $115.00 and a 1 year high of $447.50. The stock has a market capitalization of $77.96 billion and a price-to-earnings ratio of 50.82. The business has a 50 day moving average of $358.84 and a two-hundred day moving average of $311.18.

Teradyne (TER)

Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.

Shares of TER traded down $19.22 during midday trading on Tuesday, hitting $85.76. The stock had a trading volume of 7,186,212 shares, compared to its average volume of 2,795,076. The firm has a market cap of $13.87 billion, a P/E ratio of 25.77, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. Teradyne has a fifty-two week low of $82.98 and a fifty-two week high of $163.21. The business has a 50-day simple moving average of $120.87 and a two-hundred day simple moving average of $121.53.