Manufacturing Stocks To Consider – May 8th

D-Wave Quantum, Taiwan Semiconductor Manufacturing, Exxon Mobil, Pfizer, ServiceNow, GE Vernova, and Salesforce are the seven Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks, often called inventory, comprise the raw materials, work-in-progress and finished goods a company holds at any given time. They represent the materials and products in various stages of the production cycle that are either awaiting further processing or ready for sale. Effective management of these stocks ensures smooth production flow while minimizing holding costs and risk of obsolescence. 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 NYSE:QBTS traded up $2.95 during midday trading on Thursday, hitting $9.84. 143,008,919 shares of the stock were exchanged, compared to its average volume of 68,708,234. The company has a market capitalization of $2.87 billion, a PE ratio of -23.43 and a beta of 0.90. D-Wave Quantum has a 52-week low of $0.75 and a 52-week high of $11.95. The business’s fifty day simple moving average is $7.18 and its two-hundred day simple moving average is $5.65.

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 traded up $2.78 during midday trading on Thursday, hitting $177.32. 6,211,356 shares of the company’s stock traded hands, compared to its average volume of 17,908,455. 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 company has a market cap of $919.65 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21. The stock’s fifty day simple moving average is $165.76 and its 200-day simple moving average is $188.00. Taiwan Semiconductor Manufacturing has a one year low of $133.57 and a one year high of $226.40.

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 $2.26 during trading hours on Thursday, hitting $106.87. 7,197,234 shares of the company were exchanged, compared to its average volume of 15,571,651. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The company has a market cap of $462.24 billion, a PE ratio of 13.63, a PEG ratio of 3.02 and a beta of 0.51. The firm’s 50 day moving average is $109.00 and its 200-day moving average is $111.40. Exxon Mobil has a 52 week low of $97.80 and a 52 week high of $126.34.

Pfizer (PFE)

Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States, Europe, and internationally. The company offers medicines and vaccines in various therapeutic areas, including cardiovascular metabolic, migraine, and women's health under the Eliquis, Nurtec ODT/Vydura, Zavzpret, and the Premarin family brands; infectious diseases with unmet medical needs under the Prevnar family, Abrysvo, Nimenrix, FSME/IMMUN-TicoVac, and Trumenba brands; and COVID-19 prevention and treatment, and potential future mRNA and antiviral products under the Comirnaty and Paxlovid brands.

NYSE:PFE traded up $0.27 during midday trading on Thursday, reaching $23.06. The stock had a trading volume of 28,191,584 shares, compared to its average volume of 48,278,234. The stock has a market capitalization of $130.78 billion, a P/E ratio of 16.35, a PEG ratio of 0.64 and a beta of 0.58. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.00 and a quick ratio of 0.73. Pfizer has a 1-year low of $20.92 and a 1-year high of $31.54. The firm’s fifty day simple moving average is $24.15 and its 200-day simple moving average is $25.65.

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 ServiceNow stock traded down $0.91 during trading on Thursday, reaching $982.38. The company’s stock had a trading volume of 600,072 shares, compared to its average volume of 1,909,885. The business’s fifty day moving average price is $842.03 and its 200-day moving average price is $969.22. ServiceNow has a one year low of $637.99 and a one year high of $1,198.09. The firm has a market cap of $203.35 billion, a price-to-earnings ratio of 143.83, a price-to-earnings-growth ratio of 4.51 and a beta of 0.97. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.10.

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 GEV stock traded down $3.19 during trading hours on Thursday, reaching $403.62. 1,452,072 shares of the company’s stock were exchanged, compared to its average volume of 4,024,516. GE Vernova has a fifty-two week low of $150.01 and a fifty-two week high of $447.50. The stock has a market capitalization of $110.16 billion and a P/E ratio of 72.59. The business has a fifty day moving average price of $327.04 and a 200-day moving average price of $338.96.

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.

NYSE:CRM traded up $4.30 during trading hours on Thursday, hitting $282.53. 1,640,767 shares of the company traded hands, compared to its average volume of 6,757,631. 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 stock has a market capitalization of $271.62 billion, a price-to-earnings ratio of 46.47, a P/E/G ratio of 2.58 and a beta of 1.42. The firm has a 50-day moving average of $267.83 and a 200 day moving average of $307.23. Salesforce has a twelve month low of $212.00 and a twelve month high of $369.00.