While many investors’ focus has tilted toward natural resources like corn, copper and oil, the most important commodity still remains absent from their portfolios.
That would be good old-fashioned H2O.
Water is quickly emerging as one of the most investable natural resources on the planet. It’s a classic tale of scarce and dwindling supplies coupled with rising global demand. Despite the fact that the substance covers much of the earth’s surface, currently only about 3% of it is considered fresh. Of that small amount — thanks to pollution and our polar ice caps — less than 0.0007% is actually suitable for consumption.
Meanwhile, our rising global population is draining these meager supplies at exponentially increasing rates. Data provided from the United Nations shows that withdrawals for freshwater have tripled over the last 50 years to reach an annual rate of 16.9 trillion gallons each and every year.
That’s a sobering statistic.
But it’s also one that could lead to opportunity for investors. Betting on “Blue Gold” could be one of the best portfolio plays for the longer haul. Here are five of the best water stocks to buy today.