Best Utility Stocks To Watch Today – May 16th

Tesla, Berkshire Hathaway, Ford Motor, Eaton, Rivian Automotive, Riot Platforms, 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, natural gas, water and sewage treatment. Because these services remain in steady demand regardless of economic cycles, utility stocks tend to offer relatively stable revenues and consistent dividend payouts. As a result, they are often viewed as defensive investments that can help reduce portfolio 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 Tesla stock traded up $4.41 on Friday, hitting $347.23. 66,208,175 shares of the company traded hands, compared to its average volume of 96,749,797. The company has a 50-day moving average price of $264.96 and a 200 day moving average price of $328.97. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. Tesla has a 12-month low of $167.41 and a 12-month high of $488.54. The company has a market cap of $1.12 trillion, a PE ratio of 170.50, a PEG 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.

NYSE:BRK.B traded up $5.83 during trading hours on Friday, reaching $513.16. The company’s stock had a trading volume of 2,578,319 shares, compared to its average volume of 4,286,208. The company has a market cap of $1.11 trillion, a price-to-earnings ratio of 10.36, a price-to-earnings-growth ratio of 3.45 and a beta of 0.88. Berkshire Hathaway has a one year low of $401.58 and a one year high of $542.07. The business’s 50-day moving average is $519.47 and its 200-day moving average is $485.98.

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.

NYSE:F traded up $0.04 during trading hours on Friday, reaching $10.79. The company’s stock had a trading volume of 35,897,959 shares, compared to its average volume of 75,372,290. The company has a market cap of $42.75 billion, a price-to-earnings ratio of 7.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. Ford Motor has a one year low of $8.44 and a one year high of $14.85. The business’s 50-day moving average is $9.88 and its 200-day moving average is $10.05. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

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.

NYSE:ETN traded up $1.98 during trading hours on Friday, reaching $328.80. The company’s stock had a trading volume of 1,108,129 shares, compared to its average volume of 2,655,159. The company has a market cap of $128.66 billion, a price-to-earnings ratio of 34.61, a price-to-earnings-growth ratio of 2.64 and a beta of 1.14. Eaton has a one year low of $231.85 and a one year high of $379.99. The business’s 50-day moving average is $286.47 and its 200-day moving average is $319.82. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.50 and a quick ratio of 0.96.

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.

Rivian Automotive stock traded up $0.41 on Friday, reaching $15.71. 19,169,989 shares of the stock were exchanged, compared to its average volume of 35,984,842. The stock has a market cap of $17.76 billion, a PE ratio of -3.33 and a beta of 1.86. The company has a current ratio of 5.09, a quick ratio of 3.70 and a debt-to-equity ratio of 0.93. Rivian Automotive has a twelve month low of $9.50 and a twelve month high of $18.86. The firm has a fifty day moving average price of $12.29 and a two-hundred day moving average price of $12.46.

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Riot Platforms stock traded up $0.67 on Friday, reaching $9.37. 27,294,470 shares of the stock were exchanged, compared to its average volume of 26,160,181. The stock has a market cap of $3.35 billion, a PE ratio of 21.76 and a beta of 4.74. Riot Platforms has a twelve month low of $6.19 and a twelve month high of $15.87. The firm has a fifty day moving average price of $7.59 and a two-hundred day moving average price of $10.19.

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.

AutoZone stock traded up $10.23 on Friday, reaching $3,768.60. 52,355 shares of the stock were exchanged, compared to its average volume of 130,376. The stock has a market cap of $63.24 billion, a PE ratio of 25.18, a PEG ratio of 1.86 and a beta of 0.44. AutoZone has a twelve month low of $2,728.97 and a twelve month high of $3,916.81. The firm has a fifty day moving average price of $3,654.01 and a two-hundred day moving average price of $3,412.84.