Aqua America fka WTR

[Shankman]

WTR - another purchase in Texas today (actually swap with American Water). This may not be an exciting stock to watch but it's a constant in a bad market. Cities and towns are never going to run another water line down your street nor are they going to dig another reservoir so another company has the opportunity to supply your water IMO. Wherever Aqua is rooted now they are staying and they'll keep expanding their customer base through acquisitions. They are doing a great job replacing the aging infrastructure and once that project is complete that will be one less expense PLUS they will still get to keep the rate increases they have been receiving that help offset the cost.

Aqua America is only going to get bigger and stronger as the years go by and we will ALWAYS need water.

WTR is never going to be flashy but over the long term you can make some nice $.