Top Water Stocks To Keep An Eye On - July 15th

Home Depot, PepsiCo, Progressive, Waters, and NuScale Power are the five Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of companies operating in the water sector—ranging from municipal utilities and pipeline operators to water‐treatment and infrastructure equipment manufacturers. By investing in these equities, shareholders gain exposure to the essential and increasingly scarce resource of fresh water, whose demand is driven by population growth, urbanization and tightening environmental regulations. Because water is both finite and fundamental, water stocks are often viewed as a long-term, defensive investment theme. 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.

NYSE HD traded down $10.07 during trading hours on Tuesday, reaching $360.04. The company's stock had a trading volume of 2,409,107 shares, compared to its average volume of 3,560,161. The company's 50-day moving average is $366.32 and its two-hundred day moving average is $375.13. Home Depot has a 1-year low of $326.31 and a 1-year high of $439.37. The firm has a market capitalization of $358.21 billion, a price-to-earnings ratio of 24.43, a P/E/G ratio of 3.52 and a beta of 1.00. The company has a debt-to-equity ratio of 5.95, a current ratio of 1.09 and a quick ratio of 0.28.

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PepsiCo (PEP)

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.

Shares of PEP traded down $1.30 during midday trading on Tuesday, hitting $134.27. 5,901,219 shares of the stock were exchanged, compared to its average volume of 7,080,614. The firm has a market cap of $184.10 billion, a P/E ratio of 19.76, a P/E/G ratio of 4.23 and a beta of 0.45. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.65 and a current ratio of 0.83. PepsiCo has a 52-week low of $127.60 and a 52-week high of $180.91. The stock has a fifty day simple moving average of $131.56 and a 200 day simple moving average of $141.38.

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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.

PGR stock traded down $5.56 during trading on Tuesday, hitting $241.81. The company had a trading volume of 2,995,388 shares, compared to its average volume of 3,225,279. The firm has a market cap of $141.75 billion, a PE ratio of 16.31, a price-to-earnings-growth ratio of 1.54 and a beta of 0.37. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average price of $270.81 and a 200-day moving average price of $265.93. Progressive has a 1-year low of $208.13 and a 1-year high of $292.99.

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Waters (WAT)

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments: Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans.

Shares of WAT stock traded down $14.87 during mid-day trading on Tuesday, hitting $289.31. 1,977,053 shares of the company's stock were exchanged, compared to its average volume of 490,786. The stock has a 50-day simple moving average of $349.62 and a two-hundred day simple moving average of $363.50. The company has a quick ratio of 1.28, a current ratio of 1.81 and a debt-to-equity ratio of 0.69. Waters has a fifty-two week low of $287.85 and a fifty-two week high of $423.56. The stock has a market cap of $17.22 billion, a price-to-earnings ratio of 26.24, a PEG ratio of 3.49 and a beta of 1.10.

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NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

Shares of NuScale Power stock traded up $0.86 during trading hours on Tuesday, hitting $42.98. 11,833,168 shares of the company's stock traded hands, compared to its average volume of 11,226,292. The stock has a 50 day simple moving average of $32.47 and a 200-day simple moving average of $23.56. The company has a market cap of $12.22 billion, a PE ratio of -31.38 and a beta of 2.04. NuScale Power has a twelve month low of $6.88 and a twelve month high of $45.31.

Read Our Latest Research Report on SMR