3 Great Investment Ideas for the Next Decade
It's the end of another decade, a good time to sit down and consider what investment themes and related stocks might work with a buy-and-hold strategy over the next decade. In this context, sustainable water and improving water and wastewater treatment, the need to maintain infrastructure in the U.S., and the industrial software that powers the Internet of Things strike me as very attractive areas to invest in. Here's the way to make money from these ideas.
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It's been a great year for some of the stocks in this industry, with strong gains for water and wastewater treatment systems company Evoqua (NYSE: AQUA), and water and environmental consultancy Tetra Tech (NASDAQ: TTEK) -- both worthy contenders as a play on sustainable water -- but it hasn't been one for the stock that I think is best placed to benefit in the long term, Xylem (NYSE: XYL).
Source Fool.com