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

Invesco Water Resources ETF > Real opportunity

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Comment by GoldenArmon Mar 01, 2021 11:03am

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Post# 32685152

RE:Real opportunity

Agree. Management is very confident and even though earnings report for this quarter Q4 are generally the lowest, compared to last year they will be spectacular and EPS should be higher than last year Q4. I'm looking for a Q4 EPS of $0.04 but more importantly I want to see backlog imporve from $27M to $30M or higher. This wold show that chip manufacturers are expanding production due to higher demand and low supply.

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