Promising Utility Stocks To Follow Now – April 11th

Tesla, Berkshire Hathaway, Ford Motor, Eaton, AutoZone, CRH, and Exelon are the seven Utility stocks to watch today, according to MarketBeat’s stock screener tool. Utility stocks are shares in companies that provide essential services such as electricity, water, and gas. These stocks are typically viewed as defensive investments due to the consistent demand for utilities, often offering steady dividends and lower volatility compared to other sectors. 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.

NASDAQ:TSLA traded down $2.71 on Friday, reaching $249.69. 92,286,505 shares of the company’s stock were exchanged, compared to its average volume of 95,753,984. Tesla has a 52 week low of $138.80 and a 52 week high of $488.54. The firm has a market cap of $803.14 billion, a price-to-earnings ratio of 122.47, a P/E/G ratio of 5.86 and a beta of 2.58. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. The stock has a fifty day simple moving average of $287.99 and a 200-day simple moving average of $323.12.

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.

NYSE:BRK.B traded up $7.73 during mid-day trading on Friday, hitting $523.54. 3,066,191 shares of the stock traded hands, compared to its average volume of 4,053,476. Berkshire Hathaway has a 12-month low of $395.66 and a 12-month high of $539.00. The company has a market cap of $1.13 trillion, a PE ratio of 10.57, a price-to-earnings-growth ratio of 3.45 and a beta of 0.80. The business’s 50-day moving average price is $502.38 and its 200 day moving average price is $475.35.

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.

Shares of F traded up $0.15 during trading hours on Friday, reaching $9.29. 88,954,644 shares of the company’s stock traded hands, compared to its average volume of 69,768,263. The stock has a market cap of $36.80 billion, a PE ratio of 6.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The firm’s 50 day simple moving average is $9.60 and its 200-day simple moving average is $10.18.

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.

Shares of Eaton stock traded up $5.37 during trading on Friday, hitting $276.09. 1,783,928 shares of the stock traded hands, compared to its average volume of 2,608,761. The stock has a market cap of $108.17 billion, a price-to-earnings ratio of 29.08, a PEG ratio of 2.64 and a beta of 1.09. Eaton has a 52 week low of $231.85 and a 52 week high of $379.99. The firm’s fifty day moving average is $290.12 and its 200-day moving average is $327.58. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.46.

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.

NYSE:AZO traded up $49.31 during trading hours on Friday, reaching $3,664.55. The company’s stock had a trading volume of 71,741 shares, compared to its average volume of 133,092. AutoZone has a 1 year low of $2,728.97 and a 1 year high of $3,916.81. The firm has a 50-day simple moving average of $3,552.65 and a 200-day simple moving average of $3,322.06. The firm has a market capitalization of $61.50 billion, a price-to-earnings ratio of 24.50, a PEG ratio of 1.86 and a beta of 0.54.

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 stock traded up $1.06 during trading hours on Friday, reaching $84.32. The company had a trading volume of 2,773,726 shares, compared to its average volume of 5,608,487. The company has a 50-day moving average price of $96.68 and a 200 day moving average price of $96.29. CRH has a 12-month low of $71.18 and a 12-month high of $110.97. The firm has a market cap of $57.03 billion, a price-to-earnings ratio of 16.88, a P/E/G ratio of 1.15 and a beta of 1.30.

Exelon (EXC)

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.

EXC traded up $0.78 during trading on Friday, reaching $45.90. The stock had a trading volume of 4,740,771 shares, compared to its average volume of 7,139,420. Exelon has a one year low of $34.01 and a one year high of $48.11. The company has a market capitalization of $46.34 billion, a price-to-earnings ratio of 18.75, a P/E/G ratio of 2.86 and a beta of 0.39. The stock’s 50 day moving average is $43.70 and its two-hundred day moving average is $40.55. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61.