10 Best Water Stocks and ETFs to Buy in 2021
In this article we discuss 10 best water stocks and ETFs to buy in 2021. You can skip our discussion of the water utilities industry and growth catalysts for the water stocks and go directly to 5 Best Water Stocks and ETFs to Buy in 2021.
Investing in water stocks and ETFs is one of the safest bets in the volatile markets of today. Part of the solid and reliable utilities sector, water stocks and ETFs are gaining value and appeal because of several key factors, including consistent dividends, ESG mandates, social attributes and lack of uncertainty. Investors are hungry for stocks that have an intrinsic ESG value and are also aligned with new climate standards. According to former managing director at Macquarie Capital Angie Storozynski, water stocks are the best utility stocks because they have “longer investment horizon, lower operating risk” and they ace lower customer-affordability pressures. Water stocks will be the top beneficiaries of the renewable energy push worldwide. President Biden’s push to achieve net-zero carbon emissions by 2050 and his $2 trillion investment will help the utility sector as a whole. Unlike other utility companies, water companies have little to lose and more to gain from this change.