< Return to Bulls pageConsolidated Water (CWCO)/Bulls/Scarce resouces = good investment
Looking for a good investment idea during this time of great volatility in the equities market? You might want to consider a stock of a company that provides water services for countries that don’t have readily available fresh water.
Consolidated Water Co. Ltd, was incorporated in 1973 and uses reverse osmosis technology to make freshwater from seawater. It processes and supplies water to customers in the Cayman Islands, Belize, Barbados, The British Virgin Islands and The Commonwealth of The Bahamas. They sell water to a variety of customers, including public utilities, commercial and tourist properties, residential properties and government facilities.
The company (CWCO) is listed as a Bahamian Depository Receipt on the Bahamas International Securities Exchange (BISX).
According to several articles from the seekingalpha.com website, Until recently, few were aware of the large and growing worldwide shortage of clean, fresh water. Even in the U.S., water infrastructure is crumbling and will soon require a major overhaul. Awareness of the problem is growing, however, and investing in water stock (called "blue gold" by some) is now a hot topic among investors of all stripes. The problem is bound to be exacerbated by global warming, as declining soil moisture levels lead to a depletion of fresh water tables world-wide. Therefore investing in water stock appears to be a wise long-term move.
