Top Construction Stocks To Follow Now - July 24th

Union Pacific, Berkshire Hathaway, DOW, Norfolk Southern, Opendoor Technologies, United Rentals, and IonQ are the seven Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are shares of publicly traded companies whose primary business is the design, development and construction of buildings and infrastructure. They include residential and commercial builders, civil-engineering contractors and suppliers of construction materials and equipment. Their performance tends to correlate with real estate activity, government infrastructure spending and broader economic cycles. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

Union Pacific (UNP)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

Union Pacific stock traded down $9.54 during midday trading on Thursday, reaching $221.47. 7,067,262 shares of the stock traded hands, compared to its average volume of 3,076,764. The firm has a market cap of $132.32 billion, a PE ratio of 19.97, a price-to-earnings-growth ratio of 2.29 and a beta of 1.05. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. The company has a 50-day simple moving average of $227.49 and a two-hundred day simple moving average of $231.13. Union Pacific has a 12-month low of $204.66 and a 12-month high of $258.07.

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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.

BRK.B stock traded down $0.03 during midday trading on Thursday, hitting $482.60. The company's stock had a trading volume of 2,596,542 shares, compared to its average volume of 4,855,163. The firm has a 50-day simple moving average of $489.73 and a 200-day simple moving average of $495.20. The firm has a market capitalization of $1.04 trillion, a P/E ratio of 12.87, a PEG ratio of 3.33 and a beta of 0.83. Berkshire Hathaway has a 52-week low of $406.11 and a 52-week high of $542.07.

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DOW (DOW)

Dow, Inc. is a materials science company, which engages in the development of innovative solutions. It operates through the following segments: Packaging and Specialty Plastics, Industrial Intermediates and Infrastructure, and Performance Materials and Coatings. The Packaging and Specialty Plastics segment consists of hydrocarbons and energy and packaging and specialty plastics.

DOW stock traded down $5.84 during trading on Thursday, reaching $24.53. The stock had a trading volume of 50,827,362 shares, compared to its average volume of 9,780,125. The company has a quick ratio of 0.90, a current ratio of 1.54 and a debt-to-equity ratio of 0.92. The business has a 50 day moving average price of $28.70 and a 200 day moving average price of $32.95. The stock has a market cap of $17.34 billion, a PE ratio of 61.24, a P/E/G ratio of 13.19 and a beta of 0.89. DOW has a 52-week low of $24.54 and a 52-week high of $55.67.

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Norfolk Southern (NSC)

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.

Shares of NYSE:NSC traded down $1.28 on Thursday, hitting $278.99. 3,679,885 shares of the company's stock were exchanged, compared to its average volume of 1,370,751. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.70 and a current ratio of 0.78. Norfolk Southern has a 1-year low of $201.63 and a 1-year high of $288.11. The company has a market capitalization of $62.90 billion, a PE ratio of 19.05, a P/E/G ratio of 2.30 and a beta of 1.31. The firm's 50-day moving average is $254.75 and its 200 day moving average is $242.63.

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Opendoor Technologies (OPEN)

Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It buys and sells homes. The company's product offerings comprise sell to opendoor product that enables homeowners to sell their home directly to it and resell the home to a home buyer; list with opendoor product that allows customers to list their home on the MLS with opendoor and receive cash offer; and opendoor marketplace product that connects the home seller with an institutional or retail buyer.

Opendoor Technologies stock traded up $0.22 during mid-day trading on Thursday, hitting $2.51. The company had a trading volume of 407,843,303 shares, compared to its average volume of 98,124,273. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of -4.74 and a beta of 2.78. The company has a quick ratio of 0.75, a current ratio of 2.99 and a debt-to-equity ratio of 2.43. Opendoor Technologies has a 1 year low of $0.51 and a 1 year high of $4.97. The business has a fifty day moving average of $0.85 and a 200 day moving average of $1.07.

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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 URI stock traded up $69.68 during mid-day trading on Thursday, hitting $872.93. 950,215 shares of the stock were exchanged, compared to its average volume of 660,422. The stock's fifty day simple moving average is $739.56 and its two-hundred day simple moving average is $690.44. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.79 and a current ratio of 0.85. United Rentals has a 12-month low of $525.91 and a 12-month high of $896.98. The stock has a market capitalization of $56.74 billion, a price-to-earnings ratio of 22.59, a P/E/G ratio of 1.93 and a beta of 1.69.

Read Our Latest Research Report on URI

IonQ (IONQ)

IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service.

Shares of NYSE IONQ traded up $0.71 during trading hours on Thursday, reaching $43.99. The stock had a trading volume of 14,612,396 shares, compared to its average volume of 23,244,691. The firm has a 50-day moving average of $41.31 and a 200-day moving average of $34.08. The firm has a market cap of $11.51 billion, a price-to-earnings ratio of -29.62 and a beta of 2.55. IonQ has a fifty-two week low of $6.22 and a fifty-two week high of $54.74.

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