Liquid assets

摘要

Never mind oil and gold. Water is the hot commodity. As the demand for infrastructure facilities to supply and purify H_2O expands across developed and emerging markets, more and more investors are filling their glasses with water stocks. The category consists of utilities and contractors that deliver water; manufacturers of pipes, filters and valves; and firms that provide such services as desalinization and wastewater treatment. Goldman, Sachs & Co. estimates global water industry sales at $380 billion in 2005, up from $250 billion in 2000.