In the 1930s the New Deal Act rewrote many of the rules of the economic game as played in the States. The same seems to be the case now.
Over the past weeks we got a peek into Obama’s stimulus plan. Some of projects included, are:
Over the past weeks we got a peek into Obama’s stimulus plan. Some of projects included, are:
* Renovate 10,000 schools
* Build more than 3,000 miles of new or modernized transmission lines and install 40 million “smart meters” in homes
* Weatherize at least two million homes and 75% of office buildings
* Launch 1,300 wastewater projects, 380 drinking water projects and 1,000 rural water and sewer system projects
* Repair and modernize thousands of miles of roadways.
A lot of work to do once the 850 bln USD is shoveled through Congress.
Of course a lot is anticipated and discounted, however the water business seems to benefit in particular from the water projects in this stimulus plan. Whether companies build, repair or install pipes or are involved in projects, it will be interesting to see how these companies are going to cash in on the growing list of projects coming out of Washington.
Names we have for you: WTR, MWA and FLO but also PowerShares PIO and the PHO ETF.
We don’t think there is an urgent buy-opportunity now.
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* Weatherize at least two million homes and 75% of office buildings
* Launch 1,300 wastewater projects, 380 drinking water projects and 1,000 rural water and sewer system projects
* Repair and modernize thousands of miles of roadways.
A lot of work to do once the 850 bln USD is shoveled through Congress.
Of course a lot is anticipated and discounted, however the water business seems to benefit in particular from the water projects in this stimulus plan. Whether companies build, repair or install pipes or are involved in projects, it will be interesting to see how these companies are going to cash in on the growing list of projects coming out of Washington.
Names we have for you: WTR, MWA and FLO but also PowerShares PIO and the PHO ETF.
We don’t think there is an urgent buy-opportunity now.
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