Water Stocks To Consider - October 23rd

Key Points

• Five key water stocks to consider include NuScale Power, CocaCola, Ecolab, IDEXX Laboratories, and Itron, noted for their high trading volumes in recent days.
• NuScale Power is focused on nuclear energy, offering modular reactors for various applications, including desalination and electricity generation.
• Ecolab supports industries with water treatment solutions and hygiene services, catering to sectors such as manufacturing and healthcare.

NuScale Power, CocaCola, Ecolab, IDEXX Laboratories, and Itron are the five Water stocks to watch today, according to MarketBeat's stock screener tool. "Water stocks" are shares of publicly traded companies whose primary businesses involve the supply, treatment, distribution or infrastructure of water — for example utilities, pump and pipe manufacturers, filtration and desalination technology firms, and companies that manage water rights or irrigation services. Investors typically treat them as a thematic, often defensive play tied to long-term demand for a scarce essential resource, while noting risks from local regulation, capital intensity and weather-driven variability. 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

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

Itron (ITRI)

Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.

Read Our Latest Research Report on ITRI