Promising Manufacturing Stocks To Watch Today – March 14th

D-Wave Quantum, Taiwan Semiconductor Manufacturing, ServiceNow, Salesforce, and Exxon Mobil are the five Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are shares of companies involved in the production of goods from raw materials using labor, machinery, and technology. These companies often belong to the industrial sector and their performance is closely linked to economic cycles, supply chain dynamics, and shifts in consumer demand. 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.

NYSE QBTS traded up $2.62 during trading hours on Friday, hitting $9.53. The company had a trading volume of 193,837,307 shares, compared to its average volume of 27,663,447. D-Wave Quantum has a 52 week low of $0.75 and a 52 week high of $11.41. The firm has a 50 day simple moving average of $6.05 and a 200 day simple moving average of $3.80. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of -22.63 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 up $1.96 during trading hours on Friday, hitting $173.55. The company had a trading volume of 6,753,361 shares, compared to its average volume of 17,956,586. Taiwan Semiconductor Manufacturing has a 52 week low of $125.78 and a 52 week high of $226.40. The firm has a 50 day simple moving average of $199.91 and a 200 day simple moving average of $191.68. 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 firm has a market capitalization of $900.12 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 0.66 and a beta of 1.13.

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.

Shares of NOW traded up $35.13 during trading hours on Friday, reaching $846.75. 1,023,272 shares of the company’s stock traded hands, compared to its average volume of 1,331,547. The stock has a market cap of $174.43 billion, a PE ratio of 123.94, a price-to-earnings-growth ratio of 4.51 and a beta of 1.03. 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 firm’s 50 day simple moving average is $997.51 and its 200-day simple moving average is $983.31. ServiceNow has a 12 month low of $637.99 and a 12 month high of $1,198.09.

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 $7.38 during trading hours on Friday, reaching $279.12. 3,030,022 shares of the company’s stock traded hands, compared to its average volume of 7,052,121. The stock has a market cap of $268.24 billion, a PE ratio of 45.88, a price-to-earnings-growth ratio of 2.58 and a beta of 1.35. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. The firm’s 50 day simple moving average is $319.09 and its 200-day simple moving average is $308.60. Salesforce has a 12 month low of $212.00 and a 12 month high of $369.00.

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.

Shares of XOM traded up $2.66 during trading hours on Friday, reaching $111.33. 6,418,562 shares of the company’s stock traded hands, compared to its average volume of 14,951,173. The stock has a market cap of $483.08 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm’s 50 day simple moving average is $109.26 and its 200-day simple moving average is $113.73. Exxon Mobil has a 12 month low of $103.67 and a 12 month high of $126.34.