Manufacturing Stocks Worth Watching – March 18th

D-Wave Quantum, Taiwan Semiconductor Manufacturing, Exxon Mobil, Salesforce, ServiceNow, Oracle, and GE Vernova are the seven Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks represent shares of companies primarily involved in the production, assembly, and processing of goods or components. These stocks are often viewed as indicators of industrial activity and economic performance, as changes within the manufacturing sector can signal broader trends in the economy. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.

Shares of QBTS stock traded down $0.03 during trading on Tuesday, reaching $11.16. The company’s stock had a trading volume of 109,328,423 shares, compared to its average volume of 29,182,299. The business has a fifty day moving average price of $6.09 and a 200-day moving average price of $3.98. D-Wave Quantum has a one year low of $0.75 and a one year high of $11.95. The company has a market cap of $3.00 billion, a price-to-earnings ratio of -26.32 and a beta of 1.12.

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.

NYSE TSM traded down $1.48 during trading hours on Tuesday, hitting $174.08. 6,005,909 shares of the company traded hands, compared to its average volume of 15,090,823. Taiwan Semiconductor Manufacturing has a twelve month low of $125.78 and a twelve month high of $226.40. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The business’s 50-day moving average is $198.35 and its 200-day moving average is $192.07. The stock has a market capitalization of $902.86 billion, a price-to-earnings ratio of 24.69, a P/E/G ratio of 0.66 and a beta 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.

NYSE XOM traded down $1.00 on Tuesday, hitting $112.76. 7,593,908 shares of the stock were exchanged, compared to its average volume of 14,850,016. The business’s fifty day moving average is $109.47 and its 200 day moving average is $113.60. Exxon Mobil has a 52 week low of $103.67 and a 52 week high of $126.34. The company has a market capitalization of $489.29 billion, a PE ratio of 14.40, a P/E/G ratio of 3.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

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 Salesforce stock traded down $3.26 during trading on Tuesday, hitting $277.50. 2,440,222 shares of the stock were exchanged, compared to its average volume of 6,341,216. Salesforce has a 1-year low of $212.00 and a 1-year high of $369.00. The stock has a market capitalization of $266.67 billion, a price-to-earnings ratio of 45.60, a price-to-earnings-growth ratio of 2.58 and a beta of 1.35. The company has a fifty day moving average price of $317.05 and a 200-day moving average price of $309.53. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14.

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 down $15.82 during trading on Tuesday, reaching $827.11. 762,166 shares of the company’s stock were exchanged, compared to its average volume of 1,330,339. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.10 and a quick ratio of 1.10. The business has a 50 day moving average price of $988.28 and a 200-day moving average price of $985.78. The stock has a market capitalization of $170.38 billion, a P/E ratio of 121.07, a PEG ratio of 4.51 and a beta of 1.03. ServiceNow has a fifty-two week low of $637.99 and a fifty-two week high of $1,198.09.

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.

Shares of NYSE ORCL traded down $3.07 during midday trading on Tuesday, hitting $150.94. 3,666,355 shares of the company’s stock were exchanged, compared to its average volume of 8,528,973. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. The firm has a market capitalization of $422.18 billion, a PE ratio of 36.84, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. Oracle has a 12 month low of $112.78 and a 12 month high of $198.31. The company’s 50 day moving average price is $165.57 and its 200 day moving average price is $169.95.

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.

GE Vernova stock traded down $11.22 during mid-day trading on Tuesday, hitting $320.74. 1,414,346 shares of the company’s stock traded hands, compared to its average volume of 3,520,038. The firm has a 50 day simple moving average of $354.99 and a two-hundred day simple moving average of $315.42. GE Vernova has a fifty-two week low of $119.00 and a fifty-two week high of $447.50. The stock has a market cap of $88.49 billion and a price-to-earnings ratio of 57.56.