Best Water Stocks To Follow Now - October 15th

Key Points

• NuScale Power, CocaCola, and Sable Offshore are highlighted as key water stocks to follow, selected based on their recent high dollar trading volume.
• NuScale Power focuses on developing modular nuclear power plants which provide energy for various applications including desalination and hydrogen production.
• CocaCola offers a diverse range of nonalcoholic beverages, including water and sports drinks, while Sable Offshore operates in oil and gas exploration off the California coast.

NuScale Power, CocaCola, and Sable Offshore are the three Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of companies whose core businesses involve the supply, treatment, delivery and infrastructure of freshwater and wastewater — including water utilities, pipeline and filtration equipment manufacturers, engineering and infrastructure firms, and related service providers. Investors view them as a way to gain exposure to long-term demand driven by population growth, urbanization and water scarcity; they often trade as defensive or regulated plays but carry specific regulatory, environmental and infrastructure-investment risks. These companies had the highest dollar trading volume of any Water stocks within the last several days.

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

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

Sable Offshore (SOC)

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities.

Read Our Latest Research Report on SOC