Promising Water Stocks To Keep An Eye On – May 17th

Coca-Cola, Home Depot, and PepsiCo are the three Water stocks to watch today, according to MarketBeat’s stock screener tool. Water stocks are shares of publicly traded companies whose main businesses involve the supply, treatment, distribution and infrastructure of water resources. They include water utilities, engineering and construction firms, equipment manufacturers, and technology providers focused on purification, desalination and water‐management systems. Investors often view them as a defensive play, since water is an essential, non‐discretionary resource. These companies had the highest dollar trading volume of any Water stocks within the last several days.

Coca-Cola (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.

Coca-Cola stock traded up $0.40 during midday trading on Friday, hitting $72.01. 18,402,515 shares of the company were exchanged, compared to its average volume of 15,651,188. The company has a market cap of $309.93 billion, a PE ratio of 29.15, a price-to-earnings-growth ratio of 3.79 and a beta of 0.47. Coca-Cola has a fifty-two week low of $60.62 and a fifty-two week high of $74.38. The company’s fifty day moving average price is $70.88 and its 200-day moving average price is $66.76. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.03 and a quick ratio of 0.84.

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.

Shares of HD traded up $2.11 during mid-day trading on Friday, reaching $380.74. 3,127,104 shares of the stock traded hands, compared to its average volume of 3,419,033. The stock has a fifty day simple moving average of $358.12 and a 200 day simple moving average of $388.02. Home Depot has a 12-month low of $323.77 and a 12-month high of $439.37. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. The firm has a market cap of $378.46 billion, a price-to-earnings ratio of 25.87, a P/E/G ratio of 4.03 and a beta of 1.05.

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 $0.48 during trading hours on Friday, reaching $131.98. 8,714,233 shares of the stock traded hands, compared to its average volume of 6,371,459. PepsiCo has a fifty-two week low of $127.87 and a fifty-two week high of $182.96. The company has a market cap of $180.96 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 3.09 and a beta of 0.47. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.82 and a quick ratio of 0.65. The firm’s fifty day simple moving average is $141.38 and its two-hundred day simple moving average is $149.66.