Water Stocks To Research - September 24th

Key Points

• CocaCola, NuScale Power, Ecolab, IDEXX Laboratories, and Sable Offshore are the top water stocks to watch, with these companies showing the highest dollar trading volume recently, making them potential defensive investments.
• Water stocks are linked to businesses focusing on the sourcing, treatment, and delivery of water, which are increasingly seen as valuable due to the essential nature of clean water and its limited supply.
• Each featured company serves a unique role within the water sector, from CocaCola as a beverage producer to NuScale Power’s innovative nuclear reactor technology aimed at sustainable energy solutions.

CocaCola, NuScale Power, Ecolab, IDEXX Laboratories, and Sable Offshore are the five Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of publicly traded companies whose core businesses involve the sourcing, treatment, delivery or infrastructure of water—ranging from utilities and pipeline operators to filtration‐equipment makers and bottlers. Because clean water is an essential, universally demanded resource with constrained supply, these stocks are often viewed as defensive investments with attractive long‐term, ESG-driven growth prospects. 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

Sable Offshore (SOC)

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities.

Read Our Latest Research Report on SOC