Considering investing in water stocks? While the best water stocks depend on your portfolio and investment goals, we've identified some water stocks that are worth keeping an eye on in the bottled or tap water sector. Keep reading to learn more about water stocks and how to start investing.
10 popular water stocks to watch
We round up a selection of stocks in or related to the bottled or tap water industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| American Water Works (AWK.US) | -0.86% | $25.6 billion (USD) | NYSE | 2,182,893 | Buy now |
| Middlesex Water Company (MSEX.US) | (data unavailable) | $940.9 million (USD) | NASDAQ | (data unavailable) | Buy now |
| California Water Service Group (CWT.US) | (data unavailable) | $2.7 billion (USD) | NYSE | (data unavailable) | Buy now |
| Global Water Resources (GWRS.US) | (data unavailable) | $246.4 million (USD) | NASDAQ | (data unavailable) | Buy now |
| The York Water Company (YORW.US) | (data unavailable) | $465.5 million (USD) | NASDAQ | (data unavailable) | Buy now |
| Essential Utilities (WTRG.US) | (data unavailable) | $11.2 billion (USD) | NYSE | (data unavailable) | Buy now |
| American States Water Company (AWR.US) | (data unavailable) | $2.9 billion (USD) | NYSE | (data unavailable) | Buy now |
| Evoqua Water Technologies (AQUA.US) | (data unavailable) | $6.1 billion (USD) | NYSE | (data unavailable) | Buy now |
| The Coca-Cola Company (KO.US) | 14.35% | $309.6 billion (USD) | NYSE | 14,385,100 | Buy now |
| Nestle SA ADR (NSRGY.US) | 19.09% | $256.2 billion (USD) | PINK | 313,200 | Buy now |
What to look for when investing in water stock
The bottled or tap water industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering water stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in water stock
- Research the bottled or tap water industry. Before investing, learn about the water stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the water stock(s) to buy. Search by company name or ticker symbol, like AWK or MSEX. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy water stocks
Are water stocks a good investment?
While it's possible to turn a profit investing in water stocks, keep in mind that—like any investment—water stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the bottled or tap water industry, so carefully vet your picks before you invest.What are the best water stocks?
A lot of factors go into picking the best water stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong water stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular water stocks in or related to the bottled or tap water industry to help narrow down your options:
- American Water Works (AWK)
- Middlesex Water Company (MSEX)
- California Water Service Group (CWT)
- Global Water Resources (GWRS)
- The York Water Company (YORW)
- Essential Utilities (WTRG)
- American States Water Company (AWR)
- Evoqua Water Technologies (AQUA)
- The Coca-Cola Company (KO)
- Nestle SA ADR (NSRGY)
Keep in mind that this is not a "best" list or a recommendation. It highlights some water stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each water stock below. Keep reading to decide if any of these companies are the right investment for you.
American Water Works (AWK)
American Water Works Company, Inc. , through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services on military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services.
| Closing stock price | $130.97 |
|---|---|
| Market Capitalization | $25.6 billion |
| Gross profit (TTM) | $3.1 billion |
| Profit margin | 21.93% |
| Revenue (TTM) | $5.1 billion |
| Earnings per share (TTM) | $5.69 |
| 52-week stock price range | $115.89 – $152.71 |
Middlesex Water Company (MSEX)
Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers; and provides regulated wastewater system in New Jersey, Pinelands Wastewater.
| Market Capitalization | $940.9 million |
|---|---|
| Gross profit (TTM) | $102.2 million |
| Profit margin | 22.08% |
| Revenue (TTM) | $194.8 million |
| Earnings per share (TTM) | $2.39 |
| 52-week stock price range | $43.87 – $65.79 |
California Water Service Group (CWT)
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services. It offers its services to approximately 499,400 customer connections in 100 California communities; approximately 6,700 water and wastewater customer connections on the islands of Kauai, Maui, Oahu, and Hawaii; approximately 38,300 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 11,500 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, Monterey, and Cypress Gardens systems.
| Market Capitalization | $2.7 billion |
|---|---|
| Gross profit (TTM) | $539.7 million |
| Profit margin | 13.61% |
| Revenue (TTM) | $1 billion |
| Earnings per share (TTM) | $2.28 |
| 52-week stock price range | $40.57 – $50.65 |
Global Water Resources (GWRS)
Global Water Resources, Inc. , a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water systems in metropolitan Phoenix and Tucson, Arizona. It serves approximately 111,000 people in approximately 36,000 homes.
| Market Capitalization | $246.4 million |
|---|---|
| Gross profit (TTM) | $40.2 million |
| Profit margin | 7.87% |
| Revenue (TTM) | $55.5 million |
| Earnings per share (TTM) | $0.17 |
| 52-week stock price range | $8.28 – $12.86 |
The York Water Company (YORW)
The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2. 5 billion gallons of water.
| Market Capitalization | $465.5 million |
|---|---|
| Gross profit (TTM) | $56.4 million |
| Profit margin | 26.06% |
| Revenue (TTM) | $76.9 million |
| Earnings per share (TTM) | $1.39 |
| 52-week stock price range | $29.24 – $35.97 |
Essential Utilities (WTRG)
Essential Utilities, Inc. , through its subsidiaries, operates regulated utilities that provide water, wastewater, and natural gas services in the United States. It operates through Regulated Water; and Regulated Natural Gas segments.
| Market Capitalization | $11.2 billion |
|---|---|
| Gross profit (TTM) | $1.4 billion |
| Profit margin | 28.09% |
| Revenue (TTM) | $2.4 billion |
| Earnings per share (TTM) | $2.40 |
| 52-week stock price range | $32.31 – $42.37 |
American States Water Company (AWR)
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. The company operates through three segments: Water, Electric, and Contracted Services. It purchases, produces, distributes, and sells water, as well as distributes electricity.
| Market Capitalization | $2.9 billion |
|---|---|
| Gross profit (TTM) | $370.9 million |
| Profit margin | 20.43% |
| Revenue (TTM) | $636.9 million |
| Earnings per share (TTM) | $3.38 |
| 52-week stock price range | $68.52 – $84.01 |
Evoqua Water Technologies (AQUA)
Evoqua Water Technologies Corp. provides water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and contract services for industrial, commercial, and municipal water treatment markets in the United States and internationally. It operates through two segments, Integrated Solutions and Services, and Applied Product Technologies.
| Market Capitalization | $6.1 billion |
|---|---|
| Gross profit (TTM) | $542.4 million |
| Profit margin | 4.24% |
| Revenue (TTM) | $1.9 billion |
| Earnings per share (TTM) | $0.64 |
The Coca-Cola Company (KO)
The Coca-Cola Company, a beverage company, manufactures and sells various nonalcoholic beverages in the United States and internationally. The company provides sparkling soft drinks and 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 comprising restaurants and convenience stores.
| Closing stock price | $71.95 |
|---|---|
| Market Capitalization | $309.6 billion |
| Gross profit (TTM) | $29.4 billion |
| Profit margin | 27.34% |
| Revenue (TTM) | $47.7 billion |
| Earnings per share (TTM) | $3.02 |
| 52-week stock price range | $58.88 – $72.91 |
Nestle SA ADR (NSRGY)
Nestlé S. A. , together with its subsidiaries, operates as a food and beverage company.
| Closing stock price | $99.41 |
|---|---|
| Market Capitalization | $256.2 billion |
| Gross profit (TTM) | $42.4 billion |
| Profit margin | 11.34% |
| Revenue (TTM) | $90.9 billion |
| Earnings per share (TTM) | $4.97 |
| 52-week stock price range | $77.61 – $108.38 |
Compare trading platforms to buy water stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding water stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of water stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the bottled or tap water industry to know when to buy, sell or hold.Frequently asked questions about water stocks
Sources
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