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Promising Water Stocks To Add to Your Watchlist - October 21st

CocaCola logo with Consumer Staples background

Key Points

  • Investors should watch five key water stocks: Coca-Cola, NuScale Power, Ecolab, Waters, and Badger Meter, which have shown the highest trading volume recently.
  • Water stocks are perceived as defensive long-term investments due to essential demand, but face challenges including regulation and capital expenditures.
  • Coca-Cola is highlighted for its diverse range of nonalcoholic beverages and is expected to hit new price highs this year, further emphasizing its growth potential.
  • Five stocks to consider instead of CocaCola.

CocaCola, NuScale Power, Ecolab, Waters, and Badger Meter are the five Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of companies whose core businesses involve water — for example municipal and investor‑owned utilities, infrastructure and pipeline builders, treatment and desalination firms, equipment suppliers, and firms managing water rights and data/technology for monitoring and reuse. Investors treat them as defensive, long‑term plays tied to essential demand and scarcity-driven growth, while noting they can be exposed to heavy regulation, large capital expenditures and local water‑policy risk. 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

Waters (WAT)

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments: Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans.

Read Our Latest Research Report on WAT

Badger Meter (BMI)

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities market. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives.

Read Our Latest Research Report on BMI

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