Best Construction Stocks To Follow Now – February 09th

International Paper, Berkshire Hathaway, and United States Steel are the three Construction stocks to watch today, according to MarketBeat’s stock screener tool. Construction stocks refer to stocks of companies involved in the construction industry, including those that design, build, or provide materials for buildings and infrastructure projects. These stocks can be influenced by factors such as interest rates, government policies on infrastructure spending, and overall economic conditions. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

International Paper (IP)

International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others.

NYSE:IP traded up $0.41 during mid-day trading on Friday, reaching $56.15. The stock had a trading volume of 42,832,306 shares, compared to its average volume of 12,581,360. The stock has a 50-day simple moving average of $55.68 and a two-hundred day simple moving average of $51.99. The stock has a market capitalization of $19.51 billion, a PE ratio of 35.76 and a beta of 1.02. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.08. International Paper has a 12 month low of $33.16 and a 12 month high of $60.36.

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 $4.30 during midday trading on Friday, reaching $472.92. 3,198,016 shares of the company were exchanged, compared to its average volume of 3,973,708. The stock’s 50-day moving average price is $460.77 and its 200-day moving average price is $457.35. The stock has a market cap of $1.02 trillion, a P/E ratio of 9.55, a PEG ratio of 3.42 and a beta of 0.88. Berkshire Hathaway has a one year low of $392.10 and a one year high of $491.67.

United States Steel (X)

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.

Shares of NYSE:X traded down $2.31 during mid-day trading on Friday, reaching $36.96. 31,637,319 shares of the company’s stock were exchanged, compared to its average volume of 5,718,949. The firm has a market capitalization of $8.32 billion, a price-to-earnings ratio of 24.80, a PEG ratio of 1.30 and a beta of 1.86. The business’s fifty day moving average price is $35.01 and its 200-day moving average price is $37.01. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.91 and a current ratio of 1.55. United States Steel has a twelve month low of $26.92 and a twelve month high of $48.13.