Best Water Stocks To Watch Now - August 12th

Key Points

• Home Depot, CSX, PepsiCo, CocaCola, CRH, Celanese, and United Rentals are highlighted as top water stocks to monitor, indicating a focus on companies tied to essential water resources.
• Home Depot recorded a stock price increase of $7.72, reaching $395.25, with a significant market capitalization of $393.25 billion.
• CSX Corporation's shares also saw a rise, trading at $35.81, with a substantial trading volume of over 15 million shares on that trading day.

Home Depot, CSX, PepsiCo, CocaCola, CRH, Celanese, and United Rentals are the seven Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are equity securities in companies whose core businesses involve sourcing, treating, transporting or selling water—this includes water utilities, infrastructure and pipeline operators, purification-equipment manufacturers, and even bottled-water producers. Because water is an essential and tightly regulated resource, these stocks often exhibit defensive characteristics and can provide investors with stable, long-term exposure to global supply and demand trends. These companies had the highest dollar trading volume of any Water stocks within the last several days.

Home Depot (HD)

The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.

Home Depot stock traded up $7.72 during mid-day trading on Tuesday, hitting $395.25. The company's stock had a trading volume of 1,777,076 shares, compared to its average volume of 3,495,146. The firm has a market capitalization of $393.25 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 3.69 and a beta of 1.00. Home Depot has a 1 year low of $326.31 and a 1 year high of $439.37. The company has a current ratio of 1.09, a quick ratio of 0.28 and a debt-to-equity ratio of 5.95. The stock's fifty day moving average is $368.04 and its two-hundred day moving average is $371.78.

Read Our Latest Research Report on HD

CSX (CSX)

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.

Shares of CSX traded up $0.58 during midday trading on Tuesday, hitting $35.81. 15,028,257 shares of the stock were exchanged, compared to its average volume of 15,960,960. CSX has a 52-week low of $26.22 and a 52-week high of $37.10. The stock has a fifty day simple moving average of $33.64 and a 200 day simple moving average of $31.46. The firm has a market cap of $66.76 billion, a P/E ratio of 22.11, a P/E/G ratio of 2.64 and a beta of 1.25. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.63 and a current ratio of 0.77.

Read Our Latest Research Report on CSX

PepsiCo (PEP)

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.

Shares of PEP traded up $1.67 during midday trading on Tuesday, hitting $146.54. 3,591,752 shares of the stock were exchanged, compared to its average volume of 8,481,691. PepsiCo has a 52-week low of $127.60 and a 52-week high of $179.73. The stock has a fifty day simple moving average of $135.98 and a 200 day simple moving average of $140.57. The firm has a market cap of $200.62 billion, a P/E ratio of 26.68, a P/E/G ratio of 3.87 and a beta of 0.45. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.60 and a current ratio of 0.78.

Read Our Latest Research Report on PEP

CocaCola (KO)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

Shares of KO traded down $0.15 during midday trading on Tuesday, hitting $70.61. 6,452,075 shares of the stock were exchanged, compared to its average volume of 16,982,883. CocaCola has a 52-week low of $60.62 and a 52-week high of $74.38. The stock has a fifty day simple moving average of $70.10 and a 200 day simple moving average of $70.01. The firm has a market cap of $303.86 billion, a P/E ratio of 25.04, a P/E/G ratio of 3.66 and a beta of 0.44. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.98 and a current ratio of 1.21.

Read Our Latest Research Report on KO

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

Shares of CRH traded up $4.35 during midday trading on Tuesday, hitting $111.77. 4,015,065 shares of the stock were exchanged, compared to its average volume of 5,628,128. The firm has a market cap of $75.52 billion, a P/E ratio of 23.37, a P/E/G ratio of 1.40 and a beta of 1.26. CRH has a 52-week low of $76.75 and a 52-week high of $111.70. The stock has a fifty day simple moving average of $94.50 and a 200 day simple moving average of $94.95.

Read Our Latest Research Report on CRH

Celanese (CE)

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.

Shares of NYSE CE traded down $6.13 during mid-day trading on Tuesday, hitting $41.29. The company had a trading volume of 10,220,660 shares, compared to its average volume of 2,821,308. The company has a market capitalization of $4.52 billion, a PE ratio of -2.72, a price-to-earnings-growth ratio of 1.80 and a beta of 1.10. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.94 and a quick ratio of 1.11. Celanese has a 1-year low of $36.29 and a 1-year high of $142.54. The business's 50-day simple moving average is $55.94 and its 200 day simple moving average is $54.36.

Read Our Latest Research Report on CE

United Rentals (URI)

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.

Shares of NYSE URI traded up $47.86 during mid-day trading on Tuesday, hitting $917.56. The company had a trading volume of 445,388 shares, compared to its average volume of 654,137. The company has a market capitalization of $59.04 billion, a PE ratio of 23.71, a price-to-earnings-growth ratio of 1.98 and a beta of 1.72. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.86 and a quick ratio of 0.80. United Rentals has a 1-year low of $525.91 and a 1-year high of $917.31. The business's 50-day simple moving average is $783.97 and its 200 day simple moving average is $703.39.

Read Our Latest Research Report on URI

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