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Promising Utility Stocks To Add to Your Watchlist - July 18th

Tesla logo with Auto/Tires/Trucks background

Tesla, Berkshire Hathaway, and Eaton are the three 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, water, natural gas, and telecommunications—to residential, commercial, and industrial customers. Because these services are always in demand and revenues tend to be predictable, utility stocks typically offer stable dividends and lower price volatility compared with the broader market. They are also highly regulated and often sensitive to changes in interest rates. 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.

Shares of Tesla stock traded up $10.83 on Friday, hitting $330.24. The company had a trading volume of 67,701,707 shares, compared to its average volume of 98,847,237. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The stock has a market capitalization of $1.06 trillion, a price-to-earnings ratio of 181.24, a P/E/G ratio of 9.80 and a beta of 2.39. The stock has a 50 day moving average of $325.64 and a 200-day moving average of $317.81. Tesla has a 1 year low of $182.00 and a 1 year high of $488.54.

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 up $1.00 on Friday, hitting $474.40. 2,527,250 shares of the stock traded hands, compared to its average volume of 4,413,162. The business's fifty day moving average is $492.40 and its two-hundred day moving average is $494.52. Berkshire Hathaway has a 12 month low of $406.11 and a 12 month high of $542.07. The firm has a market capitalization of $1.02 trillion, a price-to-earnings ratio of 12.64, a PEG ratio of 3.28 and a beta of 0.83.

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.

Shares of Eaton stock traded down $1.31 during trading hours on Friday, reaching $379.41. The company had a trading volume of 1,842,007 shares, compared to its average volume of 2,669,379. Eaton has a one year low of $231.85 and a one year high of $387.50. The business has a fifty day simple moving average of $337.91 and a 200 day simple moving average of $314.48. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.84. The firm has a market cap of $148.46 billion, a PE ratio of 38.27, a price-to-earnings-growth ratio of 2.74 and a beta of 1.17.

Read Our Latest Research Report on ETN

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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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