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Utility Stocks To Watch Now - August 24th

Tesla logo with Auto/Tires/Trucks background

Key Points

  • Tesla, Berkshire Hathaway, and Rivian Automotive are highlighted as the top utility stocks to watch, chosen for their high trading volumes and stable revenue potential.
  • Berkshire Hathaway operates in diverse sectors including insurance and utility services, and it generates electricity from various renewable and non-renewable sources.
  • Rivian Automotive focuses on manufacturing electric vehicles, with offerings that include a pickup truck and a sport utility vehicle, highlighting the growing demand for EVs.
  • Looking to export and analyze Tesla data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Tesla, Berkshire Hathaway, and Rivian Automotive 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 and natural gas—whose revenues and rates are often regulated by government agencies. Because demand for these services remains relatively stable, utility stocks typically deliver steady earnings and consistent dividends, making them a popular choice for income-focused or defensive investment portfolios. 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.

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.

Read Our Latest Research Report on BRK.B

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Read Our Latest Research Report on RIVN

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