clean drinking water. Every 21 seconds a child dies from water-related disease.
As the water crisis moves from something that happens to other countries into the U.S., it’s a decent bet that American corporations will somehow, someway figure out ways to solve the problem at a profit. That’s how capitalism works, after all. The question is when.
In the attached clip Tom Lydon of ETFTrends.com says the time is now. Millions of gallons a year of dirty, treated water gets dumped back into the Pacific every day, explains Lydon in the attached clip. “If you can capture that water and clean it then sell it back to the industries that use it, there’s a great opportunity.”
Lydon says several ETFs play specifically to water. His favorite is the Guggenheim S&P Global Water ETF (NYSEARCA:CGW). He also likes the PowerShares Global Water ETF (NYSEARCA:PIO), thanks to it’s heavy focus on water tech.
You can see the full “Yahoo Finance” segment below: