Water is one of the basic necessities of human life. Life as we know it cannot exist without water. For this simple reason, water may be the most valuable commodity on Earth. And, given the fact that water is a necessity of human life, demand for water should hold up extremely well, even during the worst recessions. Therefore, investors with a longer time horizon should consider water stocks. Here are a few water stocks to add to your watchlist.
LifeQuest World Corp. (OTCMKTS: LQWC) Investors who believe water is the next gold should take a close look at LifeQuest World Corp. (OTCMKTS: LQWC). This is a Green company in the lucrative $200 billion wastewater treatment business globally. It cleans dirty water for non-drinking reuse, for agriculture, water forestry and industry. Next it’s looking at producing clean drinking water. It already has five JVs and is looking for more. LQWC is operating in India with pilot programs and government projects. India has allocated $2 billion for future clean water development. The company expects to be profitable in 2022.
Ecolab Inc (NASDAQ:CWCO) continues to trade in a narrow range and trading near a 52-week low. On Tuesday, the stock was down 0.66% to $10.50 with over 62k shares traded hands, compared to its average volume of 55k shares. Over the past 52-week, it has been moving in a range of $10.36 – 15.37. The stock is trading above 1.50% from its 52-week low and 35% away from its 52-week high.
Nephros Inc. (NASDAQ:NEPH) stock continues to move down and fell 20% so far this year. On Tuesday, the NEPH stock was down 2.85% to $6.82 with over 5.1k shares traded hands, compared to its average volume of 6.5k shares. Over the past 52-week, it has been moving in a range of $6.24 – 11.67.
LiqTech International Inc. (NYSE:LIQT) stock rebounded in the previous trading session and moved down 36% so far this year. On Tuesday, the stock was up 3.89% to $5.07 with over 86k shares traded hands, compared to its average volume of 84k shares. Over the past 52-week, the stock has been moving in a range of $4.69 – 12.70.
Xylem Inc. (NYSE:XYL) has been consolidating after the recent fall. On Tuesday, the stock went down 2.80% to $118.68 with over 1.15 million shares traded hands, compared to its average volume of 818k shares. Over the past 52-week, the stock has been moving in a range of $94.63 – 138.78.
Leslie’s Inc. (NYSE:LESL) stock continues to trade in a narrow range. On Tuesday, the stock moved up 4.51% to $21.53 with over 2.24 million shares traded hands, compared to its average volume of 1.89 million shares. Over the past 52-week, the stock has been moving in a range of $19.80 – 32.84. The stock is trading above 8% from its 52-week low and 14% away from its 52-week high.
