Water Stocks To Follow Now - October 18th

Key Points

• NuScale Power, CocaCola, and Ecolab are identified as the top water stocks to follow, focusing on various aspects of water management including treatment and distribution.
• Water stocks are viewed as a thematic/defensive group influenced by long-term trends like population growth and water scarcity, but they face sector-specific risks such as heavy regulation and capital costs.
• NuScale Power engages in the development of modular nuclear reactors for energy generation and desalination, while Ecolab specializes in water treatment and hygiene solutions across multiple industries.

NuScale Power, CocaCola, and Ecolab are the three Water stocks to watch today, according to MarketBeat's stock screener tool. "Water stocks" refers to publicly traded companies whose businesses center on the supply, treatment, transport, monitoring, or efficient use of water — including water utilities, infrastructure and engineering firms, treatment and desalination companies, meters and leak-detection technology providers, and bottled-water producers. Investors treat them as a thematic/defensive group tied to long-term trends like population growth, urbanization and water scarcity, but they also carry sector-specific risks such as heavy regulation, pricing constraints and high capital-expenditure needs. 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