7 Water Company Stocks to Watch in 2023

Introduction

Water is an essential resource for life, and it is becoming increasingly scarce due to climate change and population growth. As a result, water companies are becoming more and more important, and their stocks are worth considering for investors.

In this article, we will take a look at seven water company stocks that we believe are worth watching in 2023. These companies are all leaders in their respective industries, and they have a strong track record of growth and profitability.

1. American Water Works Company (AWK)

American Water Works Company is the largest publicly traded water and wastewater utility company in the United States. The company serves approximately 15 million people in 46 states. American Water Works has a long history of dividend growth, and it is currently paying a dividend yield of 1.6%.

2. Xylem Inc. (XYL)

Xylem Inc. is a leading global water technology company. The company designs, manufactures, and distributes a wide range of water treatment, transportation, and testing products and services. Xylem Inc. has operations in more than 150 countries, and it is a major supplier to the municipal, industrial, and commercial water markets.

3. Danaher Corporation (DHR)

Danaher Corporation is a diversified technology company that operates in the water, life sciences, diagnostics, and environmental markets. The company's water business includes a portfolio of water treatment and purification products and services. Danaher Corporation is a global leader in the water market, and it has a strong track record of growth and profitability.

4. Pentair plc (PNR)

Pentair plc is a global manufacturer of water treatment, filtration, and fluid handling products. The company's products are used in a variety of applications, including municipal water treatment, industrial water treatment, and residential water treatment. Pentair plc is a major supplier to the global water market, and it has a strong track record of growth and profitability.

5. SUEZ Environnement (SEV)

SUEZ Environnement is a French multinational water and waste management company. The company provides water treatment, waste collection, and waste disposal services to municipalities and businesses around the world. SUEZ Environnement is a major player in the global water market, and it has a strong track record of growth and profitability.

6. Veolia Environnement (VIE)

Veolia Environnement is a French multinational water and waste management company. The company provides water treatment, waste collection, and waste disposal services to municipalities and businesses around the world. Veolia Environnement is a major player in the global water market, and it has a strong track record of growth and profitability.

7. ITT Inc. (ITT)

ITT Inc. is a diversified industrial company that operates in the water, energy, transportation, and industrial markets. The company's water business includes a portfolio of water treatment, filtration, and disinfection products and services. ITT Inc. is a major supplier to the global water market, and it has a strong track record of growth and profitability.

Conclusion

Water is an essential resource for life, and it is becoming increasingly scarce due to climate change and population growth. As a result, water companies are becoming more and more important, and their stocks are worth considering for investors.

The seven water company stocks that we have discussed in this article are all leaders in their respective industries, and they have a strong track record of growth and profitability. We believe that these stocks are worth watching in 2023, and we recommend that investors consider adding them to their portfolios.

Table 1: Water Company Stock Performance

Table 2: Water Company Financials

Table 3: Water Company Dividends

Table 4: Water Company Industry Outlook