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Best Utility Stocks To Research - August 4th

Tesla logo with Auto/Tires/Trucks background

Key Points

  • Tesla, Berkshire Hathaway, Eaton, Ford Motor, and Pacific Gas & Electric are highlighted as the top utility stocks to monitor, showcasing their essential services and strong trading volumes.
  • Berkshire Hathaway has a diverse portfolio including insurance and energy sectors, with a market cap of $984.17 billion and a P/E ratio of 12.16.
  • Eaton Corporation focuses on power management, trading at $383.87 with a market cap of $150.21 billion and a P/E ratio of 38.73.
  • Five stocks to consider instead of Tesla.

Tesla, Berkshire Hathaway, Eaton, Ford Motor, and Pacific Gas & Electric are the five Utility stocks to watch today, according to MarketBeat's stock screener tool. Utility stocks are shares of companies that provide essential public services—such as electricity, natural gas, water and sewage, or telecommunications—often within regulated or semi‐regulated markets. Because these firms enjoy relatively predictable demand and revenue streams, they tend to pay steady dividends and exhibit lower price volatility. As a result, utility stocks are commonly viewed as defensive holdings in a diversified investment portfolio. These companies had the highest dollar trading volume of any Utility stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ TSLA traded up $6.38 during trading hours on Monday, reaching $309.01. The company's stock had a trading volume of 58,452,747 shares, compared to its average volume of 107,572,703. The firm has a market capitalization of $996.71 billion, a price-to-earnings ratio of 178.62, a P/E/G ratio of 10.63 and a beta of 2.33. Tesla has a 1-year low of $182.00 and a 1-year high of $488.54. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. The company's 50-day moving average is $322.22 and its two-hundred day moving average is $310.31.

Read Our Latest Research Report on TSLA

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

NYSE BRK.B traded down $16.64 during trading hours on Monday, reaching $456.20. The company's stock had a trading volume of 6,761,040 shares, compared to its average volume of 4,872,497. The firm has a market capitalization of $984.17 billion, a price-to-earnings ratio of 12.16, a P/E/G ratio of 3.29 and a beta of 0.81. Berkshire Hathaway has a 1-year low of $406.11 and a 1-year high of $542.07. The company's 50-day moving average is $485.54 and its two-hundred day moving average is $497.10.

Read Our Latest Research Report on BRK.B

Eaton (ETN)

Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.

NYSE:ETN traded up $2.58 during trading hours on Monday, hitting $383.87. 1,327,061 shares of the stock were exchanged, compared to its average volume of 3,040,692. Eaton has a 52-week low of $231.85 and a 52-week high of $399.56. The firm's fifty day moving average price is $350.92 and its 200 day moving average price is $317.42. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.41. The company has a market cap of $150.21 billion, a P/E ratio of 38.73, a P/E/G ratio of 2.88 and a beta of 1.18.

Read Our Latest Research Report on ETN

Ford Motor (F)

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

NYSE:F traded up $0.13 during trading hours on Monday, hitting $10.95. 36,525,736 shares of the stock were exchanged, compared to its average volume of 102,526,172. Ford Motor has a 52-week low of $8.44 and a 52-week high of $11.97. The firm's fifty day moving average price is $10.91 and its 200 day moving average price is $10.22. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The company has a market cap of $43.52 billion, a P/E ratio of 14.03, a P/E/G ratio of 3.15 and a beta of 1.48.

Read Our Latest Research Report on F

Pacific Gas & Electric (PCG)

NYSE:PCG traded up $0.77 during trading hours on Monday, hitting $14.89. 26,052,888 shares of the stock were exchanged, compared to its average volume of 23,283,432. Pacific Gas & Electric has a 52-week low of $12.97 and a 52-week high of $21.72. The firm's fifty day moving average price is $14.38 and its 200 day moving average price is $15.83. The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 1.81. The company has a market cap of $39.83 billion, a P/E ratio of 13.64, a P/E/G ratio of 1.05 and a beta of 0.54.

Read Our Latest Research Report on PCG

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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