Water Alkaline Water Co. Inc. (NASDAQ: WTER) is a producer of bottled water products sold in the United States. Most recently, it has expanded into the CBD (Cannabidiol) market with infused water brands including A88CBD™ and A88 Infused™. CBD is a cannabis derivative that many believe can treat pain and anxiety while reducing cancer risk. Even while the claims are yet unproven, CBD products have become incredibly popular in recent years.

With the company’s bottled water and infused drinks, it has generated impressive fiscal growth in recent years. In FY2020, revenue increased by 27.77%, while gross income increased by 28.00%. The company operates with a gross margin of 38.47% and an EBITDA margin of -32.46%. By expanding its product lineup and growing its brand, the company is moving towards a positive EBITDA margin.

New investors can look ahead to a potential upside with an average stock target price of $2.37. The affordability of this stock and its position as a CBD drinks supplier to the alternative health and supplement market make it an interesting pick for the end of this year.

Key Data:

  • 1 Year Price Growth: 17%
  • YTD Price Growth: -6.30%
  • 3 Month Price Growth: -21.71%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.