American Water - water is new gold?

NYSE:AWK   American Water Works Company, Inc
The company's share price is in an upward channel. And now the price is approaching the lower border, which is a good buying zone.
Overall, the company has good fundamentals for growth. The cold weather, for which the US was not well prepared, intensified the price correction.
Such companies are likely to grow in the future due to problems with drinking water. They will control the most important resource for any living being.

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