Top Utility Stocks To Follow Now - March 19th

The current market landscape has brought attention to several utility stocks that investors might find interesting. Utility stocks represent shares of companies that provide essential services such as electricity, water, gas, and waste management. These services are typically regulated by government agencies. Because utility companies deliver vital services consistently, their stocks are often associated with steady dividend payouts and lower volatility. This makes them appealing to conservative investors who focus on income. Here are five utility stocks gaining attention right now.

Tesla (TSLA)

Tesla, Inc. specializes in designing, developing, and producing electric vehicles along with energy generation and storage systems, both in the United States and internationally. The company mainly operates in two segments: Automotive and Energy Generation and Storage. The Automotive segment not only offers electric vehicles but also sells automotive regulatory credits, used vehicles, parts, and vehicle-related services.

On the trading day of March 19th, TSLA saw an increase of $8.40, reaching $233.71, with a trading volume of 66,238,378 shares against an average volume of 90,710,570. Tesla's market cap stands at $751.75 billion with a PE ratio of 115.01 and a PEG ratio of 5.86. The stock has fluctuated between a low of $138.80 and a high of $488.54 over the past year.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc. operates through various subsidiaries, involving businesses in insurance, freight rail transportation, and utility services around the globe. This company not only provides a range of insurance options but also generates electricity from various sources, including wind and solar. Furthermore, it operates facilities for natural gas distribution and storage.

On March 19th, BRK.B increased by $0.04, closing at $523.18 with a trading volume of 1,828,257 shares compared to an average volume of 3,545,705. The company boasts a market cap of $1.13 trillion, a PE ratio of 10.55, and a PEG ratio of 3.45. Berkshire Hathaway's stock has a one-year low of $395.66 and a high of $528.38.

Ford Motor (F)

Ford Motor Company is known for developing, delivering, and servicing an extensive range of vehicles, including trucks and luxury vehicles. The company operates through multiple segments, allowing it to cater to diverse automotive needs, including commercial vehicles.

On the trading day of March 19th, Ford's stock rose by $0.20, reaching $10.15 with a trading volume of 48,840,074 shares. This figure is slightly lower than its average volume of 60,671,174. Ford possesses a market cap of $40.21 billion, a PE ratio of 6.94, and a PEG ratio of 0.61, with a 52-week range between $9.06 and $14.85.

Eaton (ETN)

Eaton Corporation plc functions as a power management company, providing a variety of electrical components and industrial solutions. The company's offerings encompass power distribution, residential products, utility power distribution equipment, and more.

On March 19th, Eaton saw its stock rise by $2.79, hitting $293.43 with a trading volume of 1,196,941 shares compared to an average of 2,382,396. The company has a market cap of $115.02 billion and a PE ratio of 30.84, with its stock fluctuating between $255.65 and $379.99 over the past year.

CRH (CRH)

CRH plc provides essential building materials solutions in various markets. The company operates in four main segments and produces aggregates, cement, readymixed concrete, and more. They play a crucial role in construction and public infrastructure maintenance.

On March 19th, CRH stock climbed by $1.79 to reach $97.93 with a trading volume of 3,463,767 shares against an average of 4,758,357. With a market capitalization of $66.29 billion, the stock has a PE ratio of 19.53 and has traded between a low of $71.18 and a high of $110.97 in the past year.

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