CMP: $30

Aqua America Inc. is a water utility company. The Company supplies water to residential, commercial, industrial, and public customers. Aqua America serves residents through its water and wastewater operations in the Northeastern Southeastern, and Midwestern United States.

Aqua America is a $4 Billion market cap company trading at a P/E of 21. Revenues have risen from $660 Millions to $757 Millions in the last 2 years. Profits have risen from $124 Millions to $196 Millions in the last 2 years. Profit margins have surged from less than 19% to nearly 26% over the last 2 years. It looks a decent bet for long term.