Summary
- The Biden jobs bill has $111 billion for water infrastructure. An ETF is a good way to play this without a lot of investment in time.
- There are a wide range of companies that will benefit, mostly large industrials with relatively small water units. There are a few water pure-plays.
- Despite some problems with bad inclusions, I prefer FIW right now because of its flatter weighting structure.
- I will follow up on individual companies, and eventually put together a jobs bill portfolio.
Continue reading at Seeking Alpha right here: https://seekingalpha.com/article/4419906-water-etfs-111-billion-for-water-infrastructure