Manufacturing Stocks To Keep An Eye On – June 8th

Salesforce, Taiwan Semiconductor Manufacturing, and Exxon Mobil are the three Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are the inventories that a producer holds at various stages of the production process—raw materials awaiting processing, work-in-progress items in production, and finished goods ready for sale. Proper management of these stocks helps ensure uninterrupted manufacturing flow, meet customer demand on time, and minimize carrying and opportunity 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.

Salesforce stock traded up $7.34 during trading hours on Friday, hitting $274.48. The stock had a trading volume of 7,500,949 shares, compared to its average volume of 6,590,016. 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 stock has a market capitalization of $262.40 billion, a price-to-earnings ratio of 45.14, a PEG ratio of 2.58 and a beta of 1.38. Salesforce has a 1-year low of $227.77 and a 1-year high of $369.00. The stock’s fifty day moving average is $266.57 and its two-hundred day moving average is $302.42.

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.

Taiwan Semiconductor Manufacturing stock traded up $1.76 during trading hours on Friday, hitting $205.10. The stock had a trading volume of 8,522,435 shares, compared to its average volume of 15,789,461. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The stock has a market capitalization of $1.06 trillion, a price-to-earnings ratio of 29.13, a PEG ratio of 0.66 and a beta of 1.27. Taiwan Semiconductor Manufacturing has a 1-year low of $133.57 and a 1-year high of $226.40. The stock’s fifty day moving average is $174.27 and its two-hundred day moving average is $187.87.

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 up $2.46 during trading hours on Friday, hitting $104.29. 15,465,774 shares of the company’s stock were exchanged, compared to its average volume of 15,553,585. The business’s 50 day moving average is $105.42 and its 200-day moving average is $109.11. Exxon Mobil has a 12-month low of $97.80 and a 12-month high of $126.34. The firm has a market capitalization of $449.45 billion, a P/E ratio of 13.30, a price-to-earnings-growth ratio of 3.02 and a beta of 0.49. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.