This Simple Industrials ETF Could Turn $1,000 a Month Into $612,000
The Invesco Water Resources ETF could be a great evergreen investment.
Over the past few months, concerns regarding unpredictable tariffs, sticky inflation, and elevated interest rates drove many investors away from macro-sensitive industrial stocks. However, many water stocks bucked that sectorwide downturn.
The reasons are simple: Companies usually won't cut off their water just to save a few dollars, and the market's demand for clean water filtration and processing technologies will keep rising regardless of the economic headwinds. Climate change and growing populations should also continue to reduce the world's supply of fresh potable water.
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