Water on Wallstrip

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