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Invesco Water Resources ETF T.PHO


Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.


NDAQ:PHO - Post by User

Bullboard Posts
Comment by dciccion Oct 01, 2010 1:15pm
234 Views
Post# 17518394

RE: RE: I've been watching this company

RE: RE: I've been watching this companyI agree this has huge potential.  I think it's being kept down due to some skeletons in the closet and some uncertainty as to whether they can continue to churn out profits.  Seems like they had trouble back in 08-09 as the semiconductor industry tanked, but with forecasts of 100% growth in the industry for 2010 they've had (and will hopefully continue to have) surging sales.  At last quarter they had an order backlog of 2.2 million, with a gross margin of 45% they are almost certainly going to get a profit in the upcoming quarter.  With a p/e sitting at about 4 and no debt it seems almost certain to bounce up on the next earnings anouncement.

Don't want to jinx it, but it kinda seems like a no brainer at .10

Bullboard Posts