I grew up in San Jose, CA and I am familiar with the San Jose Water Company, which is a part of the SJW Group. My brother and parents still live in San Jose. I do not.
The Silicon Valley area has had a chronic shortage of water for what seems like the past 25 - 30 years. "Brown is the new green" goes the saying, meaning stop watering your lawns and garden and let what was green dry up and turn brown. There are too many people trying to pull too much water there. I'm pretty sure water is brought in from outside since the local reservoirs are almost always dry. Springs don't have a lot of water there because Silicon Valley itself is almost at sea level. This leads to high water and sewage service prices.
I don't know a thing about the other companies in SJW.
I think there are better alternatives to SJW.
Target is a great choice! The stock price was beaten down a while ago but has since recovered. There was also a short lived movement among the politically conservative to boycott Target due to their support of LGBTQ product lines and marketing lines. My local Target always has a bit of crowd. While it's not a Walmart-like crowd, people do shop there. I like to say that people go to Walmart because they have to but people go to Target because they want to. Retail is too cyclical for me so I stay away from the sector as a whole. However, if you're into retail then Target be a good fit for you.
I grew up in San Jose, CA and I am familiar with the San Jose Water Company, which is a part of the SJW Group. My brother and parents still live in San Jose. I do not.
The Silicon Valley area has had a chronic shortage of water for what seems like the past 25 - 30 years. "Brown is the new green" goes the saying, meaning stop watering your lawns and garden and let what was green dry up and turn brown. There are too many people trying to pull too much water there. I'm pretty sure water is brought in from outside since the local reservoirs are almost always dry. Springs don't have a lot of water there because Silicon Valley itself is almost at sea level. This leads to high water and sewage service prices.
I don't know a thing about the other companies in SJW.
I think there are better alternatives to SJW.
Target is a great choice! The stock price was beaten down a while ago but has since recovered. There was also a short lived movement among the politically conservative to boycott Target due to their support of LGBTQ product lines and marketing lines. My local Target always has a bit of crowd. While it's not a Walmart-like crowd, people do shop there. I like to say that people go to Walmart because they have to but people go to Target because they want to. Retail is too cyclical for me so I stay away from the sector as a whole. However, if you're into retail then Target be a good fit for you.
Your comments always add tremendous value, Boris.
Thanks for this! Still enjoying the fact that we had the opportunity to meet in Omaha. :)
Thanks, Pieter! Let's see if we can repeat our meeting in 2025! 🙂
Absolutely!
Great companies, businesses are not going anywhere, especially with the first and third option.
I appreciate you! Let's see what happens in the future :)