Ever since it opened publicly on 2008, American Water has generated to greater than just a hundred percent. It exceeded that and generated 35 percent more than a hundred – a percentage of 350 in returns.
There are a lot of reasons as to why it gained so much over the year. For an easy example, water is a basic human need and it isn’t just timely, it’s also profitable no matter what. Aside from that, the geographical range of the company holds or provides water services in most of the American states, 47 in total and also one on Canada.
More reason as to why it’s a buy and a sell-me-never kind of stock is that the American Water is stable. It is one of the few companies that will continue going up and will never go down. Again, it is because that is a basic need and human and housing properties will continue growing in the coming years.
How can it go down, you ask? – That’s only when the internal and external function of the company faces a major problem such as a calamity or a natural disaster.
Another possible problem that can come is when the natural resources starts to run out but that’s just as possibility. As for now, it will continue growing well and buy is a must for investors.
The demand for water is as progressive as its financial growth. Like aforementioned, the population cannot be controlled and as the generation comes, more houses will be in need of water not counting commercial properties such as offices and hotel facilities that also in need of water supply and for that reason water will always be in demand for these factors.
If you want to view its trading performances, it will always be projected as something good and that’s why it’s a big buy for investors. Its record transparency is always on the mark and developing. It already outdone its start up plans way back in 2008 and the company couldn’t be any prouder for what is produced in terms of financial generosity.
Still not convinced? Then you must know this. The newly elected president is in the works on a project that a 1.6 trillion dollar project might be in the hands of the company in the coming years. That is a big value already and if you want to add another flower to your portfolio then be part of its trading community but before that, join our community first here at Trade12Basics. We will wait for you.