Water Stocks To Follow Today - May 8th

Home Depot, Coca-Cola, Carnival Co. &, Trane Technologies, and PepsiCo are the five Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are publicly traded companies whose primary business involves the sourcing, treatment, distribution and management of freshwater—everything from municipal water utilities and pipeline operators to filtration-technology firms. Because water is an indispensable and finite resource, these companies tend to exhibit stable demand and can offer investors a way to gain exposure to essential infrastructure and the long-term growth of global water needs. 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 up $2.89 during trading on Thursday, reaching $365.64. The company's stock had a trading volume of 1,878,308 shares, compared to its average volume of 3,570,872. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. Home Depot has a 12 month low of $323.77 and a 12 month high of $439.37. The stock has a market capitalization of $363.46 billion, a PE ratio of 24.84, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. The firm's 50 day simple moving average is $359.10 and its two-hundred day simple moving average is $389.39.

Read Our Latest Research Report on HD

Coca-Cola (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 traded down $0.86 during mid-day trading on Thursday, reaching $71.54. 7,537,652 shares of the company's stock traded hands, compared to its average volume of 15,432,851. The stock's 50-day moving average is $70.96 and its two-hundred day moving average is $66.63. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.03 and a quick ratio of 0.84. The stock has a market cap of $307.88 billion, a P/E ratio of 28.96, a P/E/G ratio of 3.79 and a beta of 0.47. Coca-Cola has a 12 month low of $60.62 and a 12 month high of $74.38.

Read Our Latest Research Report on KO

Carnival Co. & (CCL)

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

Shares of NYSE CCL traded up $0.67 during trading hours on Thursday, reaching $20.36. The stock had a trading volume of 23,441,387 shares, compared to its average volume of 26,109,088. Carnival Co. & has a 52-week low of $13.78 and a 52-week high of $28.72. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. The business's fifty day moving average price is $19.30 and its two-hundred day moving average price is $22.99. The firm has a market cap of $23.75 billion, a price-to-earnings ratio of 14.65, a P/E/G ratio of 0.73 and a beta of 2.50.

Read Our Latest Research Report on CCL

Trane Technologies (TT)

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps.

NYSE:TT traded up $2.55 during mid-day trading on Thursday, reaching $409.79. The company's stock had a trading volume of 1,090,484 shares, compared to its average volume of 1,633,283. The company has a quick ratio of 0.88, a current ratio of 1.21 and a debt-to-equity ratio of 0.58. Trane Technologies has a 1 year low of $298.15 and a 1 year high of $422.00. The stock has a fifty day moving average of $347.60 and a 200-day moving average of $372.33. The firm has a market capitalization of $91.39 billion, a PE ratio of 36.43, a price-to-earnings-growth ratio of 2.50 and a beta of 1.14.

Read Our Latest Research Report on TT

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.

PEP remained flat at $131.91 on Thursday. The company's stock had a trading volume of 3,262,467 shares, compared to its average volume of 6,248,427. The stock has a market cap of $180.86 billion, a PE ratio of 18.98, a price-to-earnings-growth ratio of 3.09 and a beta of 0.47. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.82 and a quick ratio of 0.65. The company has a 50-day simple moving average of $144.69 and a two-hundred day simple moving average of $151.64. PepsiCo has a 52 week low of $130.16 and a 52 week high of $183.41.

Read Our Latest Research Report on PEP