WATER STOCKS REVIEW - Suitably equipped for future growth

North American water equipment suppliers generally showed a positive trend in 2007. Skeletons in the cupboard took the shine off some stocks’ performance, however.

All the US water equipment suppliers tracked by GWI saw their stock prices rise encouragingly during 2007, after a distinctly mixed performance in 2006. Some stocks gave investors a roller-coaster ride, however, with Basin Water proving to be the most volatile, as losses and lawsuits combined to lead to a dramatic collapse in the company’s valuation in November after ...

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