Best Manufacturing Stocks To Research – June 29th

Salesforce, GE Vernova, and Taiwan Semiconductor Manufacturing are the three Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are the raw materials, work-in-progress items and finished goods held by a manufacturer as part of its inventory. They represent the capital invested in the production process and are managed to balance production continuity with cost efficiency. Proper management of these stocks helps prevent stockouts while minimizing holding costs. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

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.

CRM stock traded up $1.98 on Friday, reaching $272.72. 21,736,713 shares of the company traded hands, compared to its average volume of 6,529,239. Salesforce has a one year low of $230.00 and a one year high of $369.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market cap of $260.72 billion, a P/E ratio of 42.68, a price-to-earnings-growth ratio of 2.48 and a beta of 1.38. The firm has a fifty day simple moving average of $270.38 and a 200-day simple moving average of $294.25.

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.

GEV stock traded up $13.75 on Friday, reaching $520.56. 9,147,914 shares of the company traded hands, compared to its average volume of 3,290,915. GE Vernova has a one year low of $150.01 and a one year high of $532.59. The company has a market cap of $142.08 billion, a P/E ratio of 75.01, a price-to-earnings-growth ratio of 4.03 and a beta of 1.97. The firm has a fifty day simple moving average of $443.89 and a 200-day simple moving average of $376.74.

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 up $4.46 on Friday, reaching $228.47. 13,120,911 shares of the company traded hands, compared to its average volume of 15,488,203. Taiwan Semiconductor Manufacturing has a one year low of $133.57 and a one year high of $228.88. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.39 and a quick ratio of 2.18. The company has a market cap of $1.18 trillion, a P/E ratio of 29.37, a price-to-earnings-growth ratio of 1.18 and a beta of 1.27. The firm has a fifty day simple moving average of $192.99 and a 200-day simple moving average of $190.29.