Buy, Sell or Hold: Invesco Water Resources ETF (PHO-Q)

NASDAQ:PHO

53.03

0.61 (1.14%) 1d

Showing 1 to 12 of 12 entries

BUY

Thinks water in general as a theme is likely to outperform in the coming decade or two. Long term outperformer but some challenges in the short term. Oversold enough that putting new money in could be worth it. Could pull back to 50 due to market volatility. Would still buy in that case.

E.T.F.'s

COMMENT

Global water ETF that is half focused on the industrial side, like pipelines and infrastructure for water, and half the utility side. CWW is for the Canadian etf, and PHO trades in the US.

E.T.F.'s

BUY on WEAKNESS

A very old one from 2003, the largest in water. It focuses on purifying water. Water will become more important than oil. It's US-focused. CGW and CWW are more globally-oriented water ETFs. PHO scores high in ESG. This has good tailwinds, but that's already priced into PHO. Trade at 4x book and 33x earnings. This has outperformed its peer in the U.S. Wait for a correction.

E.T.F.'s

DON'T BUY

CWW-T in Canada is his preference because of currency risk.

E.T.F.'s

BUY

ETF for water that includes desalination, pipelines, valve companies, etc. Has a 5% holding in water, which he considers to be the next oil. Municipalities starting to focus on how they are going to supply water.

E.T.F.'s

TOP PICK

Infrastructure on water resources, which will get the largest chunk of spending over the next 25 years. Need for clean water is great, especially in emerging economies.

E.T.F.'s

TOP PICK

Little pricey with a PE ratio of 21/22 and may be slightly on the volatile side. Excellent way to play infrastructures. Benefits from $41 trillion in spending of which 22% will be in water. Globally diversified. Would start modestly and gradually build on it.

E.T.F.'s

BUY

Water resources. Long-term outlook over the next 5-10 years is excellent. Valuation is a little pricey at 21X earnings. Wouldn't be surprised if the Democrats won't have major spending plans focused in infrastructure in which water is a key area. (See Top Picks for his infrastructure play.)

E.T.F.'s

PAST TOP PICK

(A Top Pick June 29/06. Up 25.6%.) Sold off in January because the underlying stocks in that basket were rising to levels that he couldn't justify.

E.T.F.'s

BUY

Up about 20% year to date. An amalgam of about 40 or 50 different water companies world wide, such as General Electric, Suez, etc.

E.T.F.'s

BUY

Likes the demographics moving forward. Within this basket of water-type companies is water filtration, water purification, and wastewater management. Good price. Buy and hold over the next decade.

E.T.F.'s

TOP PICK

A basket of water resources including GE, Suez, water distribution, water purification, waste water management. One of the themes moving forward is going to be clean water. Good price.

E.T.F.'s

Showing 1 to 12 of 12 entries

Invesco Water Resources ETF(PHO-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Invesco Water Resources ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Invesco Water Resources ETF(PHO-Q) Frequently Asked Questions

What is Invesco Water Resources ETF stock symbol?

Invesco Water Resources ETF is a American stock, trading under the symbol PHO-Q on the NASDAQ (PHO). It is usually referred to as NASDAQ:PHO or PHO-Q

Is Invesco Water Resources ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about PHO-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Invesco Water Resources ETF.

Is Invesco Water Resources ETF a good investment or a top pick?

Invesco Water Resources ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Invesco Water Resources ETF.

Why is Invesco Water Resources ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Invesco Water Resources ETF worth watching?

1 stock analyst on Stockchase covered Invesco Water Resources ETF In the last year. It is a trending stock that is worth watching.

What is Invesco Water Resources ETF stock price?

On 2022-01-21, Invesco Water Resources ETF (PHO-Q) stock closed at a price of $53.03.

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