Utility Stocks To Watch Now – May 15th

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, natural gas and telecommunications—often under government regulation. Because these firms typically operate as regulated monopolies with predictable demand, they generate stable revenues and tend to pay reliable dividends. Investors favor utility stocks for their defensive characteristics and steady income, especially during periods of market volatility. 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 TSLA traded down $4.69 during mid-day trading on Thursday, hitting $342.99. 73,566,823 shares of the company traded hands, compared to its average volume of 96,713,583. Tesla has a 1-year low of $167.41 and a 1-year high of $488.54. The business has a 50 day moving average of $262.55 and a 200 day moving average of $328.41. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $1.10 trillion, a PE ratio of 167.86, a price-to-earnings-growth ratio of 5.86 and a beta of 2.43.

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.

BRK.B traded up $3.25 during trading on Thursday, reaching $506.65. 2,589,341 shares of the company’s stock were exchanged, compared to its average volume of 4,277,650. Berkshire Hathaway has a 1 year low of $401.58 and a 1 year high of $542.07. The stock has a market capitalization of $1.09 trillion, a P/E ratio of 10.23, a price-to-earnings-growth ratio of 3.45 and a beta of 0.88. The company’s fifty day simple moving average is $519.28 and its 200-day simple moving average is $485.84.

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.

RIVN stock traded up $0.37 during trading on Thursday, hitting $15.19. 41,237,802 shares of the company traded hands, compared to its average volume of 36,111,308. Rivian Automotive has a 1 year low of $9.50 and a 1 year high of $18.86. The company has a market cap of $17.17 billion, a PE ratio of -3.21 and a beta of 1.86. The stock’s 50-day simple moving average is $12.20 and its 200 day simple moving average is $12.43. The company has a debt-to-equity ratio of 0.93, a current ratio of 5.09 and a quick ratio of 3.70.