What is American Water Works’ (AWK) Economic Moat, and is it Widening or Narrowing?

American Water Works Company, Inc. (NYSE:AWK) closed at $130.05 on October 13. The stock has returned -3.2% over the last six months, compared to a 21.5% return for the Insider Monkey Billionaire Index and 14.0% for the State Street SPDR S&P 500 ETF Trust. Water is the one utility with no substitute whatsoever. A household […]