Water Stocks To Add to Your Watchlist – August 18th

Home Depot, PepsiCo, CocaCola, CSX, Riot Platforms, RTX, and AutoZone are the seven Water stocks to watch today, according to MarketBeat’s stock screener tool. Water stocks are shares of publicly traded companies whose core businesses involve the management, treatment, delivery or infrastructure of water—ranging from municipal utilities and wastewater treatment plants to pump and filtration equipment manufacturers. By investing in these companies, investors gain exposure to an essential, inelastic resource whose demand is driven by population growth, industrial use and tightening environmental regulations. 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.

Home Depot stock traded down $5.72 during midday trading on Monday, reaching $393.66. The stock had a trading volume of 2,581,771 shares, compared to its average volume of 3,510,784. The company has a quick ratio of 0.28, a current ratio of 1.09 and a debt-to-equity ratio of 5.95. Home Depot has a 52-week low of $326.31 and a 52-week high of $439.37. The firm has a market cap of $391.67 billion, a price-to-earnings ratio of 26.76, a price-to-earnings-growth ratio of 3.80 and a beta of 1.00. The company has a fifty day moving average of $370.47 and a 200 day moving average of $371.31.

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.

PepsiCo stock traded down $0.79 during midday trading on Monday, reaching $149.61. The stock had a trading volume of 4,418,262 shares, compared to its average volume of 8,461,338. The firm has a market cap of $204.83 billion, a price-to-earnings ratio of 27.26, a price-to-earnings-growth ratio of 4.01 and a beta of 0.45. The company has a fifty day moving average of $137.39 and a 200 day moving average of $140.48. PepsiCo has a 52-week low of $127.60 and a 52-week high of $179.73. The company has a quick ratio of 0.60, a current ratio of 0.78 and a debt-to-equity ratio of 2.12.

CocaCola (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 NYSE:KO traded down $0.66 during trading on Monday, reaching $69.27. 7,903,184 shares of the company were exchanged, compared to its average volume of 16,842,604. The firm has a market capitalization of $298.09 billion, a PE ratio of 24.55, a P/E/G ratio of 3.64 and a beta of 0.44. The business’s fifty day simple moving average is $70.02 and its 200-day simple moving average is $70.20. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.21 and a quick ratio of 0.98. CocaCola has a 12-month low of $60.62 and a 12-month high of $74.38.

CSX (CSX)

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.

CSX stock traded down $0.33 during trading on Monday, hitting $35.99. 14,672,631 shares of the company’s stock traded hands, compared to its average volume of 16,088,606. The firm has a market capitalization of $67.10 billion, a P/E ratio of 22.19, a PEG ratio of 2.71 and a beta of 1.25. The business has a fifty day simple moving average of $33.98 and a two-hundred day simple moving average of $31.55. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.50. CSX has a 1 year low of $26.22 and a 1 year high of $37.10.

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.

NASDAQ RIOT traded up $0.99 on Monday, hitting $12.32. The stock had a trading volume of 35,193,668 shares, compared to its average volume of 33,162,832. The business’s fifty day moving average price is $11.74 and its 200 day moving average price is $9.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.38 and a quick ratio of 1.38. Riot Platforms has a 52-week low of $6.19 and a 52-week high of $15.87. The stock has a market cap of $4.55 billion, a price-to-earnings ratio of -28.57 and a beta of 4.61.

RTX (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

NYSE RTX traded up $1.46 on Monday, hitting $155.55. The stock had a trading volume of 2,666,003 shares, compared to its average volume of 5,295,910. The stock has a market cap of $208.21 billion, a price-to-earnings ratio of 34.17, a price-to-earnings-growth ratio of 2.84 and a beta of 0.69. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.01 and a quick ratio of 0.75. RTX has a 52-week low of $112.27 and a 52-week high of $158.79. The business’s fifty day moving average price is $149.54 and its 200 day moving average price is $136.53.

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.

Shares of AZO traded up $40.64 during trading hours on Monday, reaching $4,047.55. 92,816 shares of the company traded hands, compared to its average volume of 131,076. The stock has a market capitalization of $67.92 billion, a P/E ratio of 27.44, a P/E/G ratio of 2.39 and a beta of 0.38. AutoZone has a 12-month low of $2,898.57 and a 12-month high of $4,094.69. The business has a fifty day moving average price of $3,765.61 and a 200-day moving average price of $3,670.49.