Essential Utilities Inc. provides critical water, wastewater, and natural gas services across multiple states in the U.S., including Pennsylvania, Ohio, Texas, and more. Known for operating under the Aqua and Peoples brands, the company plays a pivotal role in delivering essential utility services to over 5.5 million customers. From residential to industrial needs, Essential Utilities ensures access to vital resources, alongside offering utility line protection and repair services. Founded in 1886 and based in Bryn Mawr, Pennsylvania, this company has a long history of utility management and service.
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If elected, Joe Biden has said he will spend $2 trillion over four years on repairs to the country's aging infrastructure. Included in his plan are updates and replacements for U.S. drinking…
Investors are willing to pay up handily for water. Essential Utilities may be the last cheap stock for investors who want to own a major water utility stock.
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Publicly traded water supply and services companies offer investors a safe, if not glamorous, sector that pays more interest than a savings or money market account.
Utility companies are among the favorite defensive investments during periods of financial turmoil. Utilities may have even more value to investors as the world struggles to escape from the COVID-19 pandemic.
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