Cannabis Report
Home > Boards > US Listed > Miscellaneous >

California Water Service Group (CWT)

Add CWT Price Alert      Hide Sticky   Hide Intro
Search This Board: 
Last Post: 10/10/2016 3:54:58 PM - Followers: 4 - Board type: Free - Posts Today: 0


America: The Next Growth Economy

Tom Winner, On Thursday March 4, 2010, 4:37 pm EST
Warren Buffett described Berkshire Hathaway's (NYSE: BRK-A - News; NYSE:BRK-B - News) acquisition of Burlington National Railroad as a long-term bet on the American economy. In his book The Next Hundred Million: America in 2050, author Joel Kotkin presents data that supports Buffett's thesis, arguing that despite its current economic woes, the U.S. will remain an economic powerhouse over the next four decades.

Kotkin's claim rests upon the demographic boom going on in our own backyard. The U.S. population is expected to grow by 100 million by 2050. This growth makes America an outlier; during this time, America's economic peers will suffer from low birth rates and stagnant population growth. By 2050, a third or more of the populations in Europe and East Asia will be over the age of 65, compared with only a fifth in the U.S.

This means that the U.S. will face a unique set of challenges come middle-century. While its peers struggle with rapidly aging populations and potential labor shortages, the U.S. will need to provide its younger populace with ample economic opportunities. Kotkin theorizes that America's entrepreneurial bent, willingness to embrace creative destruction, and openness to immigration will all work to meet this need. The result will be a population that is younger, more diverse, and more dynamic than most other nations -- and a vibrant economy.

Whether or not you agree with this rosy scenario, investors with a truly long-term horizon will want to ask themselves what companies might benefit from America's coming demographic dividend. That's a tough question; much will change by 2050, just as many companies and technologies came and went in the last forty years. But it puts Buffett's railroad purchase in perspective. Railroads are as vital to U.S. commerce today as they were in 1970, and should benefit greatly during Kotkin's predicted 40-year population expansion. Even better, they have inherent moats.

Following Buffett's thinking -- steady infrastructure plays with built-in moats -- leads to companies not often associated with growth, like utilities. ConEd (NYSE: ED - News) and Southern Company (NYSE: SO - News) are conservative plays with a protected business and excellent dividends. California Water Service Group (NYSE: CWT - News) and Mueller Water (NYSE: MWA - News) will also grow with increasing populations. Obviously, investors shouldn't build their portfolios around utilities alone, but even these sleepy stocks may appreciate nicely if Kotkin's thesis plays out.


Cannabis Report
Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
CWT News: California Water Announces Extension of its Cash Tender Offer for All Outstanding Shares of SJW Group 07/20/2018 05:00:00 PM
CWT News: Washington Water Service Files Proposal to Adjust Rates for Infrastructure Investments Made to Upgrade Water Systems 07/06/2018 04:30:00 PM
CWT News: Current Report Filing (8-k) 07/05/2018 04:20:49 PM
CWT News: California Water Service Group Schedules Second Quarter 2018 Earnings Results Announcement and Teleconference 07/05/2018 04:15:00 PM
CWT News: California Water Service Group Files Proposal to Invest $828.5 Million in its California Water Systems Between 2019 and 2021 07/03/2018 06:30:00 PM
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
#68   Nice call awhile back... ValueInvestor15 10/10/16 03:54:58 PM
#67   Love it! My biggest winner so far this Nutinfancy 03/13/16 03:35:27 AM
#66   California Water Service Group (NYSE:CWT) is up 4.5% Timothy Smith 02/27/16 12:41:02 AM
#65   SAN JOSE, CA--(Marketwired - Oct 28, 2015) - honey/pot 01/24/16 11:19:41 AM
#64   Makes for some potential attract or entry points Timothy Smith 08/03/15 04:20:08 PM
#63   Well? I do not believe they will TechKim 08/03/15 10:50:32 AM
#62   Like every commodity they cycle. Does the company Timothy Smith 08/03/15 10:14:00 AM
#61   It was obvious, that eventually the short supply TechKim 08/03/15 09:36:15 AM
#60   California Water Service (NYSE:CWT): Q2 EPS of $0.21 Timothy Smith 08/02/15 08:49:11 AM
#59   I do not think so. California needs winter TechKim 04/08/15 04:34:15 PM
#58   WTII is a CA Drinking Water Solution techtrader01 04/08/15 02:28:34 PM
#57   WTII Could provide a solution for CA & TX techtrader01 04/06/15 01:46:23 PM
#56   New highs $25.88, TechKim 10/31/14 09:33:59 AM
#55   Sold at $25. profits TechKim 10/29/14 09:50:42 AM
#54   São Paulo Drought Stirs Debate Ahead of Brazil TechKim 10/19/14 09:43:23 PM
#53   Historic Groundwater Package Approved by the Legislature TechKim 09/01/14 08:42:34 PM
#52   $23.71 TechKim 08/13/14 11:38:56 PM
#51   $23.71 TechKim 08/13/14 11:38:56 PM
#50   Hundreds in Detroit Protest Over Move to Shut TechKim 07/18/14 11:33:46 PM
#49   $23.58 TechKim 06/27/14 12:08:10 AM
#48 TechKim 05/22/14 12:31:17 AM
#47   California Water Service Group Schedules First Quarter 2014 TechKim 04/10/14 01:08:47 PM
#46   $24.66 new 52 week high TechKim 03/21/14 01:01:28 PM
#45   Dipping under $23. Probable good entry or addition level. TechKim 03/07/14 10:22:33 AM
#44   Much needed rain, snow to hit parched California TechKim 02/24/14 09:29:02 AM
#43   New HIGH $23.74 TechKim 02/21/14 01:40:40 PM
#42   California Water Service Group Board of Directors Declares TechKim 01/30/14 10:35:30 AM
#40   New high $23.24...................... TechKim 12/23/13 01:10:34 PM
#39   Fresh water reportedly found beneath ocean floor TechKim 12/11/13 01:11:50 PM
#38   $23, new 52 week high TechKim 11/29/13 09:31:39 AM
#37   New 52 week high $22.89 TechKim 11/27/13 12:54:27 PM
#36   California Water Service Company to Help Needy Through TechKim 11/27/13 09:57:04 AM
#35   I reinvested my dividend at this time. TechKim 11/27/13 09:55:05 AM
#34   Bank account recent activity. CWT dividend deposit. TechKim 11/26/13 10:15:02 AM
#33   $22.83, 52 week new high TechKim 11/18/13 01:16:51 PM
#32   New 52 week high $22.55 TechKim 11/06/13 02:41:52 PM
#31   First Trust ISE Water Index Fund has CWT TechKim 11/06/13 09:56:37 AM
#30   California Water Service Group Announces Results for the TechKim 11/06/13 08:36:20 AM
#29   Hawaii Water Service Company TechKim 11/03/13 09:25:25 PM
#28   New Mexico Water Service Company TechKim 11/03/13 09:24:20 PM
#27   Washington Water Service Company TechKim 11/03/13 09:22:21 PM
#26   California Water Service company TechKim 11/03/13 09:18:33 PM
#24   HWS Utility Services, LLC (HWSUS), a subsidiary of TechKim 11/02/13 12:44:58 AM
#23   CWS Utility Services (CWSUS), a subsidiary of the TechKim 11/02/13 12:44:13 AM
#22   Hawaii Water Service Company (Hawaii Water) was formed TechKim 11/02/13 12:43:35 AM
#21   In 2002, New Mexico Water Service Company (New TechKim 11/02/13 12:42:41 AM
#20   Washington Water Service Company (Washington Water) provides water TechKim 11/02/13 12:42:08 AM
#19   California Water Service Company (Cal Water) is the TechKim 11/02/13 12:41:31 AM
#18   Closed $21.37 TechKim 11/01/13 11:58:08 PM