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Top Water Stocks To Consider - July 5th

Home Depot logo with Retail/Wholesale background

Home Depot, Progressive, and CocaCola are the three Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of companies involved in the supply, treatment and infrastructure of freshwater and wastewater services. They give investors exposure to a defensive, long-term growth sector driven by rising global demand, aging infrastructure and increasing focus on water scarcity and conservation. 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.

Shares of NYSE:HD traded down $0.49 on Friday, reaching $371.36. 2,573,629 shares of the company traded hands, compared to its average volume of 3,438,130. The business's 50-day simple moving average is $365.14 and its 200 day simple moving average is $376.33. Home Depot has a 52 week low of $326.31 and a 52 week high of $439.37. The stock has a market capitalization of $369.47 billion, a P/E ratio of 25.19, a price-to-earnings-growth ratio of 3.53 and a beta of 1.00. The company has a current ratio of 1.09, a quick ratio of 0.28 and a debt-to-equity ratio of 5.95.

Read Our Latest Research Report on HD

Progressive (PGR)

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.

Shares of Progressive stock traded up $2.50 during trading on Friday, reaching $260.30. 2,685,585 shares of the stock were exchanged, compared to its average volume of 2,775,782. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.24. Progressive has a 1 year low of $207.50 and a 1 year high of $292.99. The stock's fifty day moving average is $274.28 and its 200 day moving average is $265.27. The firm has a market cap of $152.59 billion, a price-to-earnings ratio of 17.55, a price-to-earnings-growth ratio of 1.61 and a beta of 0.37.

Read Our Latest Research Report on PGR

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 stock traded up $0.28 during trading hours on Friday, hitting $71.19. 9,440,457 shares of the company's stock traded hands, compared to its average volume of 16,160,583. The stock has a market cap of $306.42 billion, a price-to-earnings ratio of 28.48, a PEG ratio of 3.74 and a beta of 0.45. The company has a quick ratio of 0.89, a current ratio of 1.10 and a debt-to-equity ratio of 1.57. The stock's fifty day simple moving average is $71.08 and its two-hundred day simple moving average is $68.56. CocaCola has a 12-month low of $60.62 and a 12-month high of $74.38.

Read Our Latest Research Report on KO

Further Reading

Should You Invest $1,000 in Home Depot Right Now?

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