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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

Comment by blackwood2002on Mar 20, 2021 4:20pm
209 Views
Post# 32845558

RE:RE:Echelon Note, $3.50 TP

RE:RE:Echelon Note, $3.50 TPI have to say I'm not particularly surprised by the pull back. It's a function of limited exposure and traders playing earnings on a typically volitile stock. Nasdaq dropping 4% on the same day was not helping matters. That said, every metric exceeded , forecasts improvement, new products and market development well on the way to generating new revenue streams . This new revenue is not in the sales mix forecast which is a plus. ,46 a share in cash and trading at a 30% discount or more on current PE and future PR relative to industry peers. Not much to dislike ! It's unfathomable that so many companies are trading at PE 4-50 x more than PHO without any revenue! Multi billion dollar market caps with nothing to show from it but trade in the stratosphere. Yet, solid companies like this miss the radar all together. This new retail investment blitz of easy gov cash chasing speculative stocks is beyond my understanding or any rational investment strategy. Unfortunately, it will end badly for a ton of people. Robinhood and similar platforms are going to make a mint off these people . Too bad they ignore quality companies like PHO ..
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