Water is the New Oil

The Globe & Mail:

In the last three years, U.S.-based water companies — as measured by the Bloomberg U.S. water index — have surged 150 per cent, three times the rise seen by companies on the S&P 500, while paying twice as much in dividends. International water players are doing even better..., with their stock values rising twice as fast as their American counterparts in the past year alone.

Water is an attractive investment because it is much less volatile than industries driven by economic cycles... Companies that specialize in “water solutions” can range from pumps, pipes and valves, wastewater treatment, to quality testing. European companies account for half of the global water players, while American companies make up 36 per cent.