Best Utility Stocks To Watch Today - August 26th

Key Points

• Three key utility stocks to watch today are Tesla, Berkshire Hathaway, and Rivian Automotive, with high dollar trading volume indicating investor interest.
• Tesla reported its best performance in two months, which could signal a potential upward trend in its stock value.
• Berkshire Hathaway engages in diverse businesses, including insurance and energy generation, providing stable revenues and investments in various sectors.

Tesla, Berkshire Hathaway, and Rivian Automotive are the three Utility stocks to watch today, according to MarketBeat's stock screener tool. Utility stocks represent shares in companies that provide essential public services such as electricity, natural gas, water, and telecommunications. These firms typically operate in regulated environments, which leads to stable revenues and predictable cash flows. As a result, utility stocks are often favored for their steady dividend payments and lower volatility, making them a defensive option in uncertain markets. 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.

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.

Read Our Latest Research Report on BRK.B

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Read Our Latest Research Report on RIVN

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