Utility Stocks Worth Watching - August 10th

Key Points

• Tesla, Berkshire Hathaway, CRH, Eaton, Ford, Southern, and AutoZone are highlighted as the top utility stocks to watch, featuring strong trading volumes and stable cash flows, making them appealing to income-oriented investors.
• Tesla's stock saw an increase of $7.34 to reach $329.61 with a market cap of $1.06 trillion, while Berkshire Hathaway's stock rose by $3.97 to hit $465.44, showcasing significant trading activity for both companies.
• CRH, Eaton, Ford, Southern, and AutoZone have also exhibited notable trading volumes and price movements, with CRH trading at $109.56 after an increase of $2.64, emphasizing the volatility and potential investment opportunities in the utility sector.

Tesla, Berkshire Hathaway, CRH, Eaton, Ford Motor, Southern, and AutoZone are the seven 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, natural gas or telecommunications—that tend to operate in regulated markets with predictable demand. Because their revenues and rates are often set or approved by government agencies, these companies typically generate stable cash flows and pay relatively steady dividends, making them popular with income-oriented investors. 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.

Shares of Tesla stock traded up $7.34 during trading on Friday, hitting $329.61. The stock had a trading volume of 90,979,625 shares, compared to its average volume of 89,568,456. The firm's fifty day simple moving average is $318.68 and its 200-day simple moving average is $307.45. The stock has a market cap of $1.06 trillion, a PE ratio of 190.53, a PEG ratio of 11.58 and a beta of 2.33. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. Tesla has a 12 month low of $194.67 and a 12 month high of $488.54.

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.

Shares of Berkshire Hathaway stock traded up $3.97 during trading on Friday, hitting $465.44. The stock had a trading volume of 3,326,715 shares, compared to its average volume of 4,910,150. The firm's fifty day simple moving average is $481.45 and its 200-day simple moving average is $496.80. The stock has a market cap of $1.00 trillion, a PE ratio of 15.96, a PEG ratio of 3.24 and a beta of 0.81. Berkshire Hathaway has a 12 month low of $425.90 and a 12 month high of $542.07.

Read Our Latest Research Report on BRK.B

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

CRH traded up $2.64 on Friday, reaching $109.56. 7,683,843 shares of the company traded hands, compared to its average volume of 4,160,455. CRH has a one year low of $76.75 and a one year high of $110.97. The firm has a fifty day simple moving average of $94.17 and a two-hundred day simple moving average of $94.95. The company has a market cap of $74.02 billion, a P/E ratio of 22.92, a price-to-earnings-growth ratio of 1.41 and a beta of 1.26.

Read Our Latest Research Report on CRH

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.

ETN traded up $2.91 on Friday, reaching $363.07. 2,139,096 shares of the company traded hands, compared to its average volume of 2,661,468. Eaton has a one year low of $231.85 and a one year high of $399.56. The firm has a fifty day simple moving average of $354.99 and a two-hundred day simple moving average of $318.01. The company has a market cap of $141.34 billion, a P/E ratio of 36.53, a price-to-earnings-growth ratio of 2.68 and a beta of 1.18. The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 0.47.

Read Our Latest Research Report on ETN

Ford Motor (F)

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

F traded up $0.06 on Friday, reaching $11.34. 48,394,478 shares of the company traded hands, compared to its average volume of 69,526,480. Ford Motor has a one year low of $8.44 and a one year high of $11.97. The firm has a fifty day simple moving average of $11.00 and a two-hundred day simple moving average of $10.26. The company has a market cap of $45.13 billion, a P/E ratio of 14.54, a price-to-earnings-growth ratio of 3.27 and a beta of 1.48. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

Read Our Latest Research Report on F

Southern (SO)

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.

SO traded down $0.60 on Friday, reaching $94.75. 4,148,246 shares of the company traded hands, compared to its average volume of 5,395,827. Southern has a one year low of $80.46 and a one year high of $96.44. The firm has a fifty day simple moving average of $91.95 and a two-hundred day simple moving average of $89.85. The company has a market cap of $104.23 billion, a P/E ratio of 24.36, a price-to-earnings-growth ratio of 3.27 and a beta of 0.38. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69.

Read Our Latest Research Report on SO

AutoZone (AZO)

AutoZone, Inc. retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.

AZO traded down $23.36 on Friday, reaching $4,036.97. 93,619 shares of the company traded hands, compared to its average volume of 114,182. AutoZone has a one year low of $2,898.57 and a one year high of $4,094.69. The firm has a fifty day simple moving average of $3,737.09 and a two-hundred day simple moving average of $3,644.88. The company has a market cap of $67.74 billion, a P/E ratio of 27.32, a price-to-earnings-growth ratio of 2.41 and a beta of 0.38.

Read Our Latest Research Report on AZO

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