Water stocks are the companies in the water production and treatment spaces. Water is considered one of the most basic and human-vital utilities. It has also become a staple of the renewable energy sector as hydropower has emerged as a competitor to fossil fuels. Some of the industry’s most popular stocks include American Water and Essential Utilities which offer both drinking water and water treatment services.
The market is turning a bit and, with the VIX index and oil creeping higher, the time is nearing to bail on these utilities stocks to sell.
It hasn't been a great year for finding the best utilities stocks to buy. It has been the sector laggard of the S&P 500 which...
Now, a transition to renewables, like solar and wind, is vital. They are expected to replace coal by 2050, and potentially even gas and oil, with more ambitious climate goals.