Commodities Corner: Why this cheap commodity shouldn’t be overlooked, even by stock-market investors

Water remains one of the cheapest resources on the planet. That means tapping into water’s uses and distribution is a good investment — if you know where to look.

Water is “perhaps the resource we most take for granted, besides air itself,” said Peter Gleick, president emeritus of independent think-tank Pacific Institute. However, “it’s not the most ‘precious’ if measured by what we pay for it.” On average, tap water costs slightly more than $2 per 1,000 gallons, according to the Environmental Protection Agency.

Still, “water cuts across multiple end markets, from agriculture to semiconductor manufacturing to drinking water supply,” said Hubert Aarts, executive director of listed equities at Impax Asset Management.

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