Here we go again. Another runner in the making. This water distributor is acquiring contracts that are expected to have a significant impact on their profits for next few years. Their gross profit for the next 6 months alone is expected to grow 25%..
This is a good stepping-stone for a company that just recently ipo'd. With disasters occurring due to anomalies in weather patterns, the demand for water supply is substantially growing. They just released some big news confirming their plans to trade on the Nasd over-the-counter bulletin board exchange.
In addition, the global production of bottled water has almost doubled since 1998. There is no doubt that this is the right industry to be invested in. Short or long-term, this is a great small company selling a lucrative product. Please go on ahead and do your own due diligence. It's well worth the time.
Great find! This one going to be around for a long time. With the scarcity of water now and in the years ahead, bottled water is here to stay. In the US alone, the bottled water business rakes in nearly $10 billion.
Posted by Greeneyes on :
theres a thread on hot stocks with some good dd been doing research on this billion dollar industry all weekend. Not that i like cramer but he was mentioning water stocks on his show fri. Even hes right every once in a while.
Posted by breadwinner on :
Good point greeneyes. This is a lucrative industry to be invested in. Drinking water is one of life's essentials. This company is doing big things with contracts and such. I called investors relations and they stated they're plans of moving onto the Over-the-Counter Bulletin Board exchange. I see this trading over 2 bucks by end of this year. Do your DD.