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Best Water Stocks To Watch Today - October 20th

CocaCola logo with Consumer Staples background

Key Points

  • The three key water stocks to watch today are CocaCola, NuScale Power, and Ecolab, which have demonstrated high trading volumes recently.
  • CocaCola offers a variety of nonalcoholic beverages and plays a significant role in the bottled-water market.
  • NuScale Power focuses on developing modular light water reactors for diverse applications, while Ecolab provides solutions related to water treatment and hygiene across multiple industries.
  • Interested in CocaCola? Here are five stocks we like better.

CocaCola, NuScale Power, and Ecolab are the three Water stocks to watch today, according to MarketBeat's stock screener tool. "Water stocks" are shares of companies whose primary businesses involve water — for example, water utilities, infrastructure and pipeline builders, wastewater treatment and purification firms, equipment makers, and bottled-water producers. Investors treat them as defensive or thematic long-term plays tied to growing demand, scarcity and regulation of water resources, while they remain exposed to regulatory, environmental and infrastructure-spending risks. 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

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

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