Water stocks help investors focus on one of the most fundamental aspects of life on Earth. All organisms, including humans, need water to stay alive.
We are seeing historic droughts in California. And Nevada last year passed a law to conserve water because of the drought that was drying up the Colorado River. So, the problem is both finding more water sources and being more ecologically friendly and sustainable with their available sources.
And this creates an opportunity for water stocks, especially, to perform well.
Following is a list of some of the most promising water stocks and ecologically-friendly stocks that could do well and should be looked at as buy candidates.
This post originally appeared at InvestorPlace.