Top Utility Stocks To Consider - June 22nd

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, natural gas, water and telecommunications. Because these businesses operate in regulated industries with predictable demand, their cash flows tend to be stable and they often pay consistent, above-average dividends. Investors typically include them in portfolios seeking steady income and lower volatility. 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.

NASDAQ TSLA traded up $0.11 during trading on Friday, hitting $322.16. 108,229,033 shares of the stock traded hands, compared to its average volume of 101,151,146. The company has a market capitalization of $1.04 trillion, a P/E ratio of 177.01, a price-to-earnings-growth ratio of 12.05 and a beta of 2.47. Tesla has a 12-month low of $182.00 and a 12-month high of $488.54. The firm has a 50-day simple moving average of $306.22 and a 200-day simple moving average of $331.96. The company has a quick ratio of 1.54, a current ratio of 2.00 and a debt-to-equity ratio of 0.07.

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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 $0.24 during trading on Friday, hitting $484.90. 7,587,347 shares of the company's stock traded hands, compared to its average volume of 4,379,804. Berkshire Hathaway has a 52 week low of $403.82 and a 52 week high of $542.07. The stock has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 12.92, a P/E/G ratio of 3.37 and a beta of 0.85. The business has a fifty day simple moving average of $508.67 and a 200 day simple moving average of $491.56.

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 NYSE ETN traded down $3.52 during mid-day trading on Friday, hitting $331.34. 4,406,960 shares of the company's stock traded hands, compared to its average volume of 2,656,564. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.84. Eaton has a 1 year low of $231.85 and a 1 year high of $379.99. The company's 50-day moving average is $310.79 and its two-hundred day moving average is $313.22. The company has a market capitalization of $129.65 billion, a P/E ratio of 33.43, a PEG ratio of 2.57 and a beta of 1.16.

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