Water on Wallstrip

  • Posted by
  • on December 18th, 2006

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I learned a lot from today’s Wallstrip show on water conglomerate Suez (SZE).

Look at the sweet trend in WATER.

Early in the year I bought into Powershares Water Resources (PHO) – an ETF proxy for water stocks. Their top ten holdings does not include Suez.

I will let the show speak for itself on the Company. The risks are discussed in detail.

In areas that I believe, but do not fully understand, The ETF is a sweet substitute for the individual stock. I may give away the homerun, but I participate in the trend without the day to day worries.

At this point I will be looking to add to my position in PHO on a new all-time high.

Disclosure – Long PHO

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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