Water is the new oil.
It could be scarce, it could be abundant; it could be a commodity, it could be a fundamental right; it could be the next bubble, it could be dead money.
Who knows? That's why we buy, hold, and see what happens.
American Water Works (AWK)
Positives:
2.6% dividend yield.
Solid profit (14%) and operating (33%) margins.
18% earnings growth.
Negatives:
$-0.02B cash vs. $6.05B debt.
Modest 3% revenue growth.
Free cash flow negative (-$89M).
Aqua America (WTR)
Positives:
2.5% dividend yield.
Excellent profit (30%) and operating (40%) margins.
13% earnings growth.
Negatives:
$-0.01B cash vs. $1.68B debt.
Modest 4% revenue growth.
Free cash flow negative (-$14M).
Here's my current portfolio (growth, dividend, and speculative (hey, there is no speculative!)). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 13.68%
Tesla Motors (TSLA) 11.76%
Baidu (BIDU) 5.98%
Google (GOOG/GOOGL) 5.67%
Under Armour (UA) 3.81%
Amazon (AMZN) 3.74%
3D Systems (DDD) 3.50%
Blackstone (BX) 2.83%
Southern Copper (SCCO) 2.62%
Ace Limited (ACE) 2.61%
Twitter (TWTR) 2.47%
Intuitive Surgical (ISRG) 2.31%
Qihoo 360 (QIHU) 2.23%
Stratasys (SSYS) 2.18%
Nike (NKE) 2.09%
Wells Fargo (WFC) 1.75%
BlackRock (BLK) 1.66%
Microsoft (MSFT) 1.56%
Cisco (CSCO) 1.53%
American Software (AMSWA) 1.53%
China Mobile (CHL) 1.47%
ConocoPhillips (COP) 1.42%
Boeing (BA) 1.41%
Intel (INTC) 1.33%
DuPont (DD) 1.27%
Starbucks (SBUX) 1.15%
Alibaba (BABA) 1.14%
EMC (EMC) 1.13%
McDonald's (MCD) 1.07%
Ansys (ANSS) 0.89%
F5 Networks (FFIV) 0.88%
Salesforce.com (CRM) 0.85%
American Express (AXP) 0.83%
Lululemon Athletica (LULU) 0.80%
Aqua America (WTR) 0.78%
American Water Works (AWK) 0.78%
Hershey (HSY) 0.75%
Canadian National Railway (CNI) 0.75%
Las Vegas Sands (LVS) 0.74%
Costco Wholesale (COST) 0.73%
Coca-Cola (KO) 0.71%
Computer Programs and Systems (CPSI) 0.69%
Wynn Resorts (WYNN) 0.60%
International Business Machines (IBM) 0.58%
Groupon (GRPN) 0.57%
iRobot (IRBT) 0.51%
SolarCity (SCTY) 0.50%
