Water Stocks To Keep An Eye On – March 18th

CocaCola, Ecolab, and IDEXX Laboratories are the three Water stocks to watch today, according to MarketBeat’s stock screener tool. Water stocks are shares of publicly traded companies whose primary businesses involve the supply, treatment, distribution, infrastructure and technology for freshwater and wastewater—this can include utilities, infrastructure contractors, filtration/desalination equipment makers, water-rights holders and sometimes bottled-water companies. Investors use them to gain exposure to an essential, relatively defensive sector driven by population growth, urbanization and climate stress, though the group can carry regulatory, project-timing and localized hydrological risks. 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.

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.

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.