Equipment stocks play a game of two halves
- From: Vol 12, Issue 1 (January 2011)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: Calgon Carbon, Danaher, Energy Recovery Inc, GLV, H2O Innovation, Heckmann Corporation, Insituform, ITT, Layne Christensen, Mueller Water Products, Nalco, Pall Corp, Pentair and Tetra Tech
A convincing 2010 performance from many of the listed US water equipment suppliers masked some surprising individual variations. The advent of new regulatory drivers in 2011 should provide further impetus.
US water equipment stocks continued their inexorable rise in 2010, as our weighted index of quoted companies rose by 16% in 2010, building on a 34% advance in 2009. While many registered healthy double-digit gains last year, however, it was not plain sailing for everybody.
Among the best performers was Nalco, which supplies chemicals and other treatment solutions to industrial ...
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