Promising Construction Stocks To Add to Your Watchlist – July 28th

Union Pacific, Berkshire Hathaway, Progressive, Norfolk Southern, Caterpillar, Albemarle, and Quanta Services are the seven Construction stocks to watch today, according to MarketBeat’s stock screener tool. Construction stocks are equity shares of publicly traded companies involved in the building and infrastructure sector, including general contractors, specialized trade firms and suppliers of construction materials or equipment. Their performance typically reflects the health of the economy and is driven by factors such as housing demand, commercial development, government infrastructure spending and prevailing interest rates. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

Union Pacific (UNP)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

UNP traded up $4.43 during trading on Monday, hitting $229.17. The company’s stock had a trading volume of 5,028,650 shares, compared to its average volume of 3,148,130. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific has a twelve month low of $204.66 and a twelve month high of $258.07. The business’s fifty day simple moving average is $227.17 and its 200 day simple moving average is $231.02. The firm has a market capitalization of $136.92 billion, a price-to-earnings ratio of 19.87, a P/E/G ratio of 2.24 and a beta of 1.05.

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 NYSE BRK.B traded down $2.59 during midday trading on Monday, hitting $481.48. The stock had a trading volume of 2,228,454 shares, compared to its average volume of 4,849,680. The company has a market capitalization of $1.04 trillion, a PE ratio of 12.84, a P/E/G ratio of 3.37 and a beta of 0.83. The stock has a 50 day simple moving average of $488.63 and a 200-day simple moving average of $496.25. Berkshire Hathaway has a 1 year low of $406.11 and a 1 year high of $542.07.

Progressive (PGR)

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.

Shares of NYSE PGR traded down $10.26 during midday trading on Monday, hitting $239.84. The stock had a trading volume of 3,028,055 shares, compared to its average volume of 3,253,741. Progressive has a 1 year low of $208.13 and a 1 year high of $292.99. The company has a market capitalization of $140.60 billion, a PE ratio of 13.51, a P/E/G ratio of 1.50 and a beta of 0.37. The company has a quick ratio of 0.29, a current ratio of 0.34 and a debt-to-equity ratio of 0.21. The stock has a 50 day simple moving average of $264.25 and a 200-day simple moving average of $266.28.

Norfolk Southern (NSC)

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.

Norfolk Southern stock traded up $2.87 during trading on Monday, reaching $285.25. 2,264,939 shares of the company were exchanged, compared to its average volume of 1,412,467. Norfolk Southern has a 52-week low of $201.63 and a 52-week high of $288.11. The company has a market capitalization of $64.31 billion, a P/E ratio of 19.47, a PEG ratio of 2.31 and a beta of 1.31. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.78 and a quick ratio of 0.70. The stock’s 50 day simple moving average is $256.17 and its two-hundred day simple moving average is $243.31.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Caterpillar stock traded down $0.67 during trading on Monday, reaching $433.08. 1,369,650 shares of the company were exchanged, compared to its average volume of 2,677,228. Caterpillar has a 52-week low of $267.30 and a 52-week high of $436.40. The company has a market capitalization of $204.00 billion, a P/E ratio of 21.10, a PEG ratio of 2.71 and a beta of 1.38. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.32 and a quick ratio of 0.77. The stock’s 50 day simple moving average is $377.02 and its two-hundred day simple moving average is $351.76.

Albemarle (ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.

Albemarle stock traded down $8.83 during trading on Monday, reaching $74.91. 7,916,002 shares of the company were exchanged, compared to its average volume of 3,379,708. Albemarle has a 52-week low of $49.43 and a 52-week high of $113.91. The company has a market capitalization of $8.81 billion, a P/E ratio of -6.72 and a beta of 1.63. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.11 and a quick ratio of 1.26. The stock’s 50 day simple moving average is $64.81 and its two-hundred day simple moving average is $69.65.

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

NYSE:PWR traded down $8.68 on Monday, reaching $413.00. The company’s stock had a trading volume of 1,432,069 shares, compared to its average volume of 1,430,330. Quanta Services has a 12-month low of $227.08 and a 12-month high of $424.94. The company has a quick ratio of 1.26, a current ratio of 1.31 and a debt-to-equity ratio of 0.58. The firm has a market cap of $61.23 billion, a price-to-earnings ratio of 66.61, a price-to-earnings-growth ratio of 2.90 and a beta of 1.08. The stock has a 50 day moving average price of $368.62 and a 200 day moving average price of $315.86.