Promising Water Stocks To Add to Your Watchlist - September 26th

Key Points

• CocaCola, NuScale Power, Ecolab, IDEXX Laboratories, and Core & Main are highlighted as top water stocks to watch, attributed to their significant trading volume and essential services they provide in the water sector.
• Water stocks are considered defensive investments as clean water is a critical resource with growing global demand, making these companies sustainable choices for investors.
• Each selected company operates in different areas of the water industry, from beverage production at CocaCola to nuclear power solutions by NuScale Power, and water hygiene at Ecolab, serving diverse market needs.

CocaCola, NuScale Power, Ecolab, IDEXX Laboratories, and Core & Main are the five Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of publicly traded companies engaged in the treatment, distribution and management of water resources—ranging from utilities and infrastructure builders to technology providers in filtration and desalination. Investors often view them as defensive, sustainable plays because clean water is an essential, ever-growing need worldwide. 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

IDEXX Laboratories (IDXX)

IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy.

Read Our Latest Research Report on IDXX

Core & Main (CNM)

Core & Main, Inc. is a specialty distributor focused on water, wastewater, storm drainage and fire protection products, and related services. The company provides infrastructure solutions to municipalities, private water companies and professional contractors across municipal, non-residential, and residential end markets, nationwide.

Read Our Latest Research Report on CNM