Best Construction Stocks To Follow Today – August 11th

IonQ, Berkshire Hathaway, and Caterpillar are the three Construction stocks to watch today, according to MarketBeat’s stock screener tool. Construction stocks are shares of companies involved in the design, construction and maintenance of residential, commercial and infrastructure projects. They include general contractors, engineering firms, materials suppliers and equipment manufacturers whose performance often reflects broader economic trends such as housing demand, government spending and interest‐rate movements. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

IonQ (IONQ)

IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service.

Shares of NYSE:IONQ traded up $2.79 during midday trading on Monday, hitting $44.64. 30,905,761 shares of the stock traded hands, compared to its average volume of 23,087,369. The stock has a market capitalization of $11.68 billion, a PE ratio of -22.30 and a beta of 2.54. The business’s 50 day moving average is $41.42 and its two-hundred day moving average is $34.24. IonQ has a one year low of $6.54 and a one year high of $54.74.

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.

BRK.B stock traded down $0.39 during trading on Monday, reaching $465.02. The company had a trading volume of 2,162,884 shares, compared to its average volume of 4,888,643. Berkshire Hathaway has a 52 week low of $425.90 and a 52 week high of $542.07. The company has a market cap of $1.00 trillion, a P/E ratio of 15.94, a PEG ratio of 3.24 and a beta of 0.81. The business has a 50 day moving average of $481.45 and a 200 day moving average of $497.06.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

CAT stock traded down $7.72 during trading on Monday, reaching $408.80. The company had a trading volume of 2,192,925 shares, compared to its average volume of 2,733,274. Caterpillar has a 52 week low of $267.30 and a 52 week high of $441.15. The company has a market cap of $191.51 billion, a P/E ratio of 20.80, a PEG ratio of 2.47 and a beta of 1.40. The business has a 50 day moving average of $393.37 and a 200 day moving average of $355.11. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.34 and a quick ratio of 0.81.