Top Water Stocks To Watch Now – August 16th

Home Depot, PepsiCo, CocaCola, Progressive, RTX, CSX, and Amcor are the seven Water stocks to watch today, according to MarketBeat’s stock screener tool. Water stocks are shares of publicly traded companies that focus on the supply, treatment and delivery of fresh water. They include water utilities, infrastructure builders (pipes, pumps, desalination plants) and technology firms offering purification or conservation solutions. Because water is a fundamental, non-discretionary resource, investors often view water stocks as a defensive, long-term play. 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.

HD traded down $1.03 during midday trading on Friday, hitting $399.29. 3,840,292 shares of the company were exchanged, compared to its average volume of 3,118,386. The firm has a market capitalization of $397.26 billion, a P/E ratio of 27.09, a P/E/G ratio of 3.80 and a beta of 1.00. Home Depot has a 1-year low of $326.31 and a 1-year high of $439.37. The firm’s 50 day moving average price is $370.47 and its 200-day moving average price is $371.90. The company has a quick ratio of 0.28, a current ratio of 1.09 and a debt-to-equity ratio of 5.95.

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.

PEP traded up $1.78 during midday trading on Friday, hitting $150.40. 9,161,546 shares of the company were exchanged, compared to its average volume of 8,005,892. The firm has a market capitalization of $205.91 billion, a P/E ratio of 27.40, a P/E/G ratio of 3.96 and a beta of 0.45. PepsiCo has a 1-year low of $127.60 and a 1-year high of $179.73. The firm’s 50 day moving average price is $137.39 and its 200-day moving average price is $140.63. 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.

KO traded up $0.37 during midday trading on Friday, hitting $69.92. 12,364,886 shares of the company were exchanged, compared to its average volume of 13,819,584. The firm has a market capitalization of $300.91 billion, a P/E ratio of 24.79, a P/E/G ratio of 3.62 and a beta of 0.44. CocaCola has a 1-year low of $60.62 and a 1-year high of $74.38. The firm’s 50 day moving average price is $70.02 and its 200-day moving average price is $70.11. The company has a quick ratio of 0.98, a current ratio of 1.21 and a debt-to-equity ratio of 1.49.

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.

PGR traded down $3.93 during midday trading on Friday, hitting $247.02. 3,425,649 shares of the company were exchanged, compared to its average volume of 3,184,152. The firm has a market capitalization of $144.81 billion, a P/E ratio of 13.92, a P/E/G ratio of 1.48 and a beta of 0.33. Progressive has a 1-year low of $228.54 and a 1-year high of $292.99. The firm’s 50 day moving average price is $253.14 and its 200-day moving average price is $266.25. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.21.

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.

RTX traded down $1.04 during midday trading on Friday, hitting $154.04. 4,593,662 shares of the company were exchanged, compared to its average volume of 4,988,229. The firm has a market capitalization of $206.19 billion, a P/E ratio of 33.85, a P/E/G ratio of 2.86 and a beta of 0.69. The company has a quick ratio of 0.75, a current ratio of 1.01 and a debt-to-equity ratio of 0.60. The firm’s 50 day moving average price is $149.54 and its 200-day moving average price is $136.40. RTX has a 1-year low of $112.27 and a 1-year high of $158.79.

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.

Shares of NASDAQ:CSX traded down $0.03 during midday trading on Friday, reaching $36.32. The company’s stock had a trading volume of 17,898,133 shares, compared to its average volume of 21,141,444. The firm has a market capitalization of $67.71 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 2.71 and a beta of 1.25. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a 50 day moving average price of $33.98 and a two-hundred day moving average price of $31.57. CSX has a fifty-two week low of $26.22 and a fifty-two week high of $37.10.

Amcor (AMCR)

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.

Shares of NYSE:AMCR traded down $0.03 during midday trading on Friday, reaching $8.73. The company’s stock had a trading volume of 65,218,352 shares, compared to its average volume of 24,568,416. The firm has a market capitalization of $12.62 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 1.12 and a beta of 0.74. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.16 and a current ratio of 0.67. The firm has a 50 day moving average price of $9.42 and a two-hundred day moving average price of $9.52. Amcor has a fifty-two week low of $8.37 and a fifty-two week high of $11.48.