Construction Stocks To Consider - November 9th

Key Points

• Caterpillar, Quanta Services, and Deere were identified as construction stocks with the highest dollar trading volume in recent days.
• Caterpillar shares rose $35.69 to $594.32 on Monday; the company makes construction and mining equipment, engines, and other industrial products.
• Quanta Services gained $47.16 to $588.06, supported by its role in utility, renewable-energy, and communications infrastructure; Deere climbed $21.68 to $693.33 and makes agricultural, construction, forestry, and turf equipment.

Caterpillar, Quanta Services, and Deere & Company are the three Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are shares of publicly traded companies involved in building and infrastructure, such as homebuilders, engineering firms, and producers of construction materials or equipment. Investors often group them as a sector whose performance can be influenced by interest rates, economic growth, and public or private construction spending. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

NYSE:CAT traded up $35.69 on Monday, hitting $594.32. The stock had a trading volume of 1,932,964 shares, compared to its average volume of 2,904,684. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.88 and a current ratio of 1.42. The stock has a market cap of $271.96 billion, a P/E ratio of 23.33, a price-to-earnings-growth ratio of 0.97 and a beta of 1.65. Caterpillar has a 1 year low of $537.08 and a 1 year high of $1,073.46. The firm's fifty day simple moving average is $760.19 and its two-hundred day simple moving average is $806.23.

Read Our Latest Research Report on CAT

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

PWR stock traded up $47.16 during trading on Monday, hitting $588.06. 1,010,238 shares of the company traded hands, compared to its average volume of 1,180,870. The company has a 50-day moving average of $628.83 and a 200-day moving average of $626.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.13 and a current ratio of 1.16. The firm has a market capitalization of $88.61 billion, a PE ratio of 53.37, a P/E/G ratio of 1.38 and a beta of 1.29. Quanta Services has a 1 year low of $408.36 and a 1 year high of $788.75.

Read Our Latest Research Report on PWR

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

Shares of NYSE:DE traded up $21.68 during midday trading on Monday, reaching $693.33. 830,519 shares of the company's stock traded hands, compared to its average volume of 1,340,180. The stock has a 50 day moving average of $667.02 and a 200 day moving average of $608.14. The company has a market cap of $186.94 billion, a price-to-earnings ratio of 38.57, a P/E/G ratio of 1.90 and a beta of 0.89. Deere & Company has a one year low of $455.90 and a one year high of $721.22. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.89 and a current ratio of 2.10.

Read Our Latest Research Report on DE

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