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Best Water Stocks To Watch Today - October 6th

NuScale Power logo with Computer and Technology background

Key Points

  • NuScale Power, CocaCola, and Ecolab are highlighted as top water stocks to monitor today due to their significant trading volume and role in sustainable water management.
  • NuScale Power specializes in modular reactor technology, providing energy solutions for various applications including electrical generation and desalination.
  • Ecolab offers water treatment and hygiene services across numerous industries, emphasizing its importance in sectors reliant on water management.
  • Five stocks to consider instead of NuScale Power.

NuScale Power, CocaCola, and Ecolab are the three Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of publicly traded companies that supply, treat, transport or manage water resources—ranging from municipal utilities and pipeline operators to firms building desalination plants and water-filtration systems. Investors often view them as defensive or sustainable plays, since access to clean water is a fundamental need with relatively stable demand and growing scarcity pressures. 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

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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Should You Invest $1,000 in NuScale Power Right Now?

Before you consider NuScale Power, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NuScale Power wasn't on the list.

While NuScale Power currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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