Readers of that space know that the investment thesis offered here favors large-cap companies with demonstrated commerce models and who have a competitive advantage in established markets, preferably with a favorable global trend as a support. And along that line, Companhia de Saneamento Basico do Estado de Sao Paolo, or SABESP, is worth an evaluation.

SABESP (NYSE: SBS) is Brazil’s largest water company, serving 22.7 million folks. SBS provides water via about 6.6 million connections. The company additionally offers sewage services through about 4.8 million connections and more than 400 treatment plants.

Analysts really like SBS’s leadership position in Sao Paulo water services, and customer growth prospects: the company aims to increase its customer base by 2 million during 2007-2010. Further, Brazil’s solid profitable growth provides an added macroeconomic tailwind. The Reuters F2007/F2008 EPS consensus estimates for SBS are $4.76/$4.96.

Continue reading Brazil’s SABESP demonstrates that water always has a market

Original post by Joseph Lazzaro

student loans college child support stocks loans foreclosure student loan consolidation refinance banking tax