What keeps the global economic machine running? An argument could be made that it’s the stuff coming out of your kitchen tap. As the world's most used commodity, and one that is increasingly scarce at that, water is essential not only for life, but also for a variety of industries. Agriculture, beverages and even power generation rely on the free flow of water. Now investing in water doesn't mean you have to stock up on Aquafina bottles in your basement. Instead, investors can buy the stocks of companies involved in the sourcing, purification and distribution of water, which tend to hail from the utilities or consumer staples sectors. If increased diversification is what you seek, an exchange-traded fund that holds multiple water-related stocks can also be an excellent alternative. Here is a list of seven great water stocks and ETFs to buy in 2022.
Essential Utilities (WTRG)
Xylem Inc. (XYL)
American Water Works Co. (AWK)
Primo Water Corp. (PRMW)
Invesco S&P Global Water Index ETF (CGW)
First Trust Water ETF (FIW)
Invesco Water Resource ETF (PHO)
Essential Utilities (WTRG)
Xylem Inc. (XYL)
American Water Works Co. (AWK)
Primo Water Corp. (PRMW)
Invesco S&P Global Water Index ETF (CGW)
First Trust Water ETF (FIW)
Invesco Water Resource ETF (PHO)