Tech Manufacturing Is on the Rise in the U.S. -- a Water Stock Could Be a Key Beneficiary

Perhaps you've heard: The U.S. is aiming to "reshore" manufacturing operations -- and especially in the tech sector -- after spending the last few decades offshoring to countries where production is far cheaper (all in the name of boosting profit margins, of course). The Federal government is ready to help with legislation like the U.S. CHIPS Act (semiconductor manufacturing) and related Inflation Reduction Act (funding for renewable energy and related projects) to help grease the skids. With hard asset investment like tech manufacturing on the rise, a number of industries could be key beneficiaries through 2030 -- and one of them could actually be a water stock.