CHART OF THE MONTH - Bad months on the markets: how water utilities performed
- From: Vol 12, Issue 8 (August 2011)
- Category: Analysis
- Region: Unspecified
- Country: Brazil and France
- Related Companies: Sabesp and Veolia
This month’s chart looks at the share prices of different water stocks during a market meltdown. On the left, the performance of American Water, Veolia and Sabesp during the tumultuous month of September 2008 (when Lehman went under) is shown.
On the left, the performance of American Water, Veolia and Sabesp during the tumultuous month of September 2008 (when Lehman went under) is shown. On the right, the performance of the same stocks over the past month is plotted. It shows that if you are looking for stability in a crisis, investor-owned utility American Water is your rock. Veolia of ...
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