Like Water Stocks? Here's a Look at Water ETFs
It's easy to make the case that select water stocks -- such as the leading U.S. water utility, American Water Works (NYSE: AWK) -- have attractive long-term growth potential.
The world's fresh water supply is limited and demand should grow as the population increases and as more people move into the middle class. In the U.S., huge amounts of money need to be spent to upgrade our largely old and deteriorating water infrastructure, and in many parts of the developing world, infrastructure needs to be put in place.
If you're interested in water stocks but don't want to bet on just one or two players in this broad space, you have another option: exchange-traded funds (ETFs). Water ETFs invest in a basket of companies that derive significant revenue from water infrastructure, water management, water purification, and so on.
Source: Fool.com
American Water Works Corp. Inc. Stock
With 7 Buy predictions and not the single Sell prediction the community is currently very high on American Water Works Corp. Inc..
As a result the target price of 132 € shows a slightly positive potential of 2.17% compared to the current price of 129.2 € for American Water Works Corp. Inc..
