What think/say you guys about water investing? I think this could be a strong future play given the reality about clean water scarcity. I hear a rumor that NY Times may soon publish a scathing report on the safety of our water. Recently bacteria in water at a major NY hotel killed folks. and now today Bloomberg reports that a severe water shortage in Venezula which is not getting enough "news" is impacting oil products production. So given that I took a look at 3 EFT water possibilities as follows - ratings are from IBD. I do like the yield on the CGW while you wait for water to catch "the bug"
CGW $18.65
PE 15.66
ACC/DIST A- (good indicates buying)
RS 55 (not that great)
Group C (also not that great)
yield 3.25% (good)
PHO $16.81
PE 18
Acc/Dist D (not good)
RS 40 (not good)
Group C
PIO $18.26
PE 16.8
Acc/Dist B (good)
RS 63 (could be better)
Group C