AAP Touts American Water Works, Digital Realty Trust

Amid the stock market’s recent carnage,’s Action Alerts Plus team found a couple winners: a water utility and a data-center real estate investment trust.

The water utility is American Water Works  (AWK) – Get American Water Works Company, Inc. Report, the largest publicly-traded one. It’s a member of the S&P 500 Dividend Aristocrats, meaning it has raised its dividend for at least 25 straight years. It recently announced a 9% dividend increase.

“Arguably, water consumption is one of the most inelastic items out there,” the AAP team says. “Over the years, the company has done a stellar job consolidating the fragmented water utility business, bringing efficiencies with it and the ability to get price relief for its regulated water business.”

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