Manufacturing Stocks Worth Watching - April 24th

ServiceNow, Taiwan Semiconductor Manufacturing, Salesforce, GE Vernova, and Lam Research are the five Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are shares of publicly traded companies whose primary business is transforming raw materials or components into finished goods through industrial processes. Investors track these equities to gain exposure to sectors such as machinery, automotive, electronics, textiles, and other capital- and labor-intensive production industries. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

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 traded up $125.87 on Thursday, hitting $938.57. 3,886,506 shares of the company traded hands, compared to its average volume of 1,498,709. The company has a 50 day moving average of $840.59 and a 200-day moving average of $967.11. ServiceNow has a 12-month low of $637.99 and a 12-month high of $1,198.09. The stock has a market capitalization of $194.29 billion, a PE ratio of 137.32, a PEG ratio of 4.51 and a beta of 1.08. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.15.

Read Our Latest Research Report on NOW

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 $6.04 during trading hours on Thursday, hitting $163.85. 8,965,254 shares of the company were exchanged, compared to its average volume of 15,734,473. The business has a 50-day moving average of $170.63 and a 200-day moving average of $189.44. Taiwan Semiconductor Manufacturing has a 1 year low of $128.86 and a 1 year high of $226.40. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $849.78 billion, a price-to-earnings ratio of 23.27, a P/E/G ratio of 0.66 and a beta of 1.16.

Read Our Latest Research Report on TSM

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.

Salesforce stock traded up $12.74 during trading hours on Thursday, reaching $263.22. 3,723,445 shares of the stock were exchanged, compared to its average volume of 6,781,168. Salesforce has a 52-week low of $212.00 and a 52-week high of $369.00. The stock has a market cap of $252.96 billion, a P/E ratio of 43.25, a P/E/G ratio of 2.58 and a beta of 1.38. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.11 and a current ratio of 1.11. The firm's 50 day moving average is $276.19 and its 200 day moving average is $308.58.

Read Our Latest Research Report on CRM

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 GE Vernova stock traded up $25.71 on Thursday, reaching $361.80. 2,321,740 shares of the stock were exchanged, compared to its average volume of 3,362,786. The firm has a market capitalization of $98.90 billion and a PE ratio of 65.03. GE Vernova has a 1-year low of $138.67 and a 1-year high of $447.50. The business has a fifty day moving average price of $319.03 and a two-hundred day moving average price of $331.01.

Read Our Latest Research Report on GEV

Lam Research (LRCX)

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.

NASDAQ LRCX traded up $4.11 on Thursday, hitting $70.84. 9,745,118 shares of the company's stock were exchanged, compared to its average volume of 12,148,477. The firm has a market cap of $90.93 billion, a price-to-earnings ratio of 21.51, a P/E/G ratio of 1.47 and a beta of 1.52. The firm's 50-day moving average price is $73.69 and its two-hundred day moving average price is $75.62. Lam Research has a fifty-two week low of $56.32 and a fifty-two week high of $113.00. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.54 and a quick ratio of 1.73.

Read Our Latest Research Report on LRCX

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