div > div.group > p:first-child"> As negotiations and posturing continue between the U.S. and China, some individual company analysts this week used the drama to tout stocks they cover which are positioned well if there is a trade war.
While some analysts found stocks with a defensive focus, others found companies that were nearly immune to the trade battle. "Within utilities the most defensive names will be fully-regulated companies," analyst Daniel Ford wrote.AquaVenture Holdings, which provides water purification system solutions also reported solid earnings this week.
"Outperform-rated AquaVenture reported a solid 1Q19 beat & reaffirm, with adjusted EBITDA of $17.8 million roughly 2% above our estimate and consensus...Our position has long been that the $130 million acquisition of AUC in Nov-2018 instantly recast the Ghana deal as a"nice to have", but only if the terms were decidedly favorable for AquaVenture.