Promising Construction Stocks To Follow Now – February 07th

International Paper, United States Steel, and Berkshire Hathaway are the three Construction stocks to watch today, according to MarketBeat’s stock screener tool. Construction stocks refer to shares of companies that are involved in the construction industry, including those engaged in building, engineering, and infrastructure projects. Investors interested in these stocks may look at companies that produce materials, equipment, or services related to construction and development activities. The performance of construction stocks is often influenced by trends in the real estate market, government 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 $0.47 on Friday, hitting $56.21. 27,329,390 shares of the company’s stock traded hands, compared to its average volume of 11,892,497. The company has a current ratio of 1.49, a quick ratio of 1.08 and a debt-to-equity ratio of 0.66. International Paper has a 1 year low of $33.16 and a 1 year high of $60.36. The firm has a 50-day moving average price of $55.73 and a 200-day moving average price of $51.88. The company has a market cap of $19.53 billion, a PE ratio of 35.80 and a beta of 1.02.

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.

NYSE:X traded down $2.47 on Friday, hitting $36.80. 23,825,886 shares of the company’s stock traded hands, compared to its average volume of 8,213,552. The company has a market cap of $8.29 billion, a PE ratio of 24.81 and a beta of 1.86. The firm has a 50-day moving average price of $35.09 and a 200-day moving average price of $37.03. United States Steel has a 1 year low of $26.92 and a 1 year high of $48.13. The company has a current ratio of 1.55, a quick ratio of 0.91 and a debt-to-equity ratio of 0.36.

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 $4.08 during trading hours on Friday, hitting $473.14. The stock had a trading volume of 1,583,083 shares, compared to its average volume of 3,965,509. The company has a market capitalization of $1.02 trillion, a P/E ratio of 9.56, a P/E/G ratio of 3.36 and a beta of 0.88. The firm’s 50-day moving average price is $460.97 and its two-hundred day moving average price is $457.09. Berkshire Hathaway has a 52 week low of $392.10 and a 52 week high of $491.67.