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WTR - The York Water Company: Once Again Extremely Overvalued
Aqua America Inc.
Written by Sam Kovacs
Introduction
It's been more than two years since a Seeking Alpha contributor has published an article on the York Water Company (YORW). The last wave of articles came in 2017, when most authors agreed that the stock was overvalued. Since then, the stock slumped in late 2017 and early 2018, before rallying in the months since then.
In a comment on one of my recent articles, one investor suggested YORW as a good stock to own in the water utility space.
Unfortunately, this super stable water utility, which has