Water Stocks To Watch Today – December 17th
by Renee Jackson · The Cerbat GemCocaCola, NuScale Power, IDEXX Laboratories, Ecolab, and Texas Pacific Land are the five Water stocks to watch today, according to MarketBeat’s stock screener tool. Water stocks are shares of publicly traded companies whose primary business involves the supply, treatment, storage, distribution or commercial use of water — for example utilities, water-treatment and desalination firms, pipeline and pump manufacturers, and bottled-water companies. Investors view them as a way to gain exposure to the essential, often regulated water economy, which can offer defensive cash flows, long-term demand from population and industrial growth, and sensitivity to environmental and regulatory trends. These companies had the highest dollar trading volume of any Water stocks within the last several days.
CocaCola (KO)
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.
Read Our Latest Research Report on KO
NuScale Power (SMR)
NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.
Read Our Latest Research Report on SMR
IDEXX Laboratories (IDXX)
IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy.
Read Our Latest Research Report on IDXX
Ecolab (ECL)
Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.
Read Our Latest Research Report on ECL
Texas Pacific Land (TPL)
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas.
Read Our Latest Research Report on TPL
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