Industrial uptick boosts equipment stocks
- From: Vol 11, Issue 1 (January 2010)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: Calgon Carbon, Danaher, Energy Recovery Inc, GLV, H2O Innovation, Insituform, ITT, Layne Christensen, Millipore, Mueller Water Products, Nalco, Pall Corp, Pentair and Tetra Tech
A combination of internal and external factors meant that nearly all the North American water equipment stocks in the GWI index grew in value in 2009. What are the prospects for 2010?
If the upturn in the market in 2009 was not so friendly to water utility stocks, the opposite has been true for water equipment suppliers, whose fate is more directly tied to economic resurgence.
When you fall fast and hard, there is frequently no place to go but up, and the majority of the North American equipment stocks tracked by ...
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