California Water Service Group: A Self-Justifying Utility Stock
- California Water Service Group is a utility stock that operates in a stable industry and can assure stable future revenues.
- The company’s solid financial position along with the bright future prospects of the industry in which it operates makes it a safe investment.
- The company mainly provides its services in California and about 94% of the company’s customers are in California.
- The number of housing starts in the U.S has increased by nearly 16% in July 2014 compared to the figure reported in June 2014.