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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 mlmackon Jun 13, 2015 9:28pm
95 Views
Post# 23828052

RE:RE:Undervalued

RE:RE:UndervaluedTitan is more tied to the oil industry than PHO, although they are diversifying there product line to other oil products, aircraft de-icing etc. I was particularly impressed with management's ability to maintain high earnings on a lower revenue base. The growth into the US has been the main driving factor and they are now looking at Europe.

Short term may be difficult but mid to long term prospects are spectacular. With $0.55 cash you are paying 5 times TTM earnings of. $0.132.  I see very little downside risk and eventually a big payoff, very well managed company. My current price target is $1.74.

IWG, 8 consecutive quarters profitable, cash of $0.04 and TTM of $0.028 leaves me a target of $0.29.  Record revenue last quarter and new products on their way, this target should increase next quarter, very well run company.

Do your DD but these three are my current top picks and the largest 3 positions in my portfolio besides cash which is now at 40%.  I'm looking for a correction and buying opportunity before November.
Bullboard Posts