Leading Wall Street Water Analyst Neil Berlant (Pt. 2 of 4) - Water Purification Firms Calgon Carbon, Nalco are Interesting
Submitted by EnergyTechStocks.com
Leading Wall Street water analyst Neil D. Berlant doesn’t like to recommend specific companies that he thinks will do well in the coming era of rapidly-rising water costs. But during a nearly three-hour interview with EnergyTechStocks.com, Berlant, who manages the PFW Water Fund (Symbol: PFWAX), came close, agreeing to name companies he sees as “representative” of the firms that should do well, continuing with:
Calgon Carbon Corp. and Nalco Holding Co., both of which trade on the New York Stock Exchange.
Calgon Carbon was one of three companies that really seemed to turn Berlant on when he discussed them with EnergyTechStocks.com. (The other two will be discussed in the next two stories in this series.) Berlant emphasized that Calgon Carbon is the activated carbon leader and that activated carbon is almost always the sole or primary process for purifying water for manufacturing and other applications. He said Calgon Carbon employs a lot of science “that normally doesn’t meet the eye.” He also emphasized that environmental regulations that make it difficult to site manufacturing facilities make it difficult for any challenger to produce as much activated carbon as Calgon Carbon.
Berlant enthusiastically described Nalco as a solutions provider, a company whose water treatment products and services are utilized across a broad spectrum of industries, especially chemicals, plastics and papermaking. Nalco is described generally in the media as the world’s leading water treatment and services company.
Last month Calgon Carbon reported sharp increase in second quarter net income and sales, the company crediting higher carbon and services business for the improved results. The company’s stock price rose sharply on the news and has held that gain.
Also last month, Nalco reported a nearly 6% gain in profit on a 10% increase in sales.
Coming Tomorrow, August 21, Part 3 – Two desalination companies worth a closer look
For other stories in this series, see:
