PowerShares Water Resources (ETF) (NYSEMKT:PHO)

CAPS Rating: 3 out of 5

Exchange Traded Fund


Player Avatar FutureMonkey (81.70) Submitted: 1/26/2012 3:54:43 PM : Outperform Start Price: $18.45 PHO Score: -20.42

Many of the players in this ETF have been held down by the construction downturn during recession, etc and yet has stayed close to the SP500 broadly. Water and Water infrastructure is increasingly important locally and globally. 2025 we may be important more water than oil from Canada and these companies are the ones that are going to do it. Patient investing for this one, no short term money deployed.

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