"Water, one of the most precious of resources, continues to be the most mispriced," says Neil George.

In his Profits Hidden in the News advisory, he explains, "Millions of Americans are drinking dangerous water from the tap." Here, he looks at two ways to profit as this situation gains attention.

"The US Environmental Protection Agency has recently updated its data on US municipal water and, as with previous surveys and reports - the news is not good. In fact, for wide swaths of the US population - including those in the nation's capital - its flat out scary.

"Decades of rampant economic growth have taken their toll on Chinese waterways; a recent survey found that nearly all -- 95% -- of urban water samples were polluted," explains China expert Tony Sagami.

In The Asia Stock Alert, he suggests, "Duoyuan Global Water (NYSE: DGW) recently went public on the NYSE; I believe it's the most profitable way to profit from China's desperate need to clean up its polluted water."

"Much of China's meager water supply isn't safe to drink. One-third of the country's rural population -- an estimated 360 million people -- does not have access to safe drinking water because more than 70% of China's rivers and lakes are polluted.

"We see flowing profits from companies in the water sector involved with pipes, pumps, regulators and other equipment," notes Neil George.

In his industry-leading Personal Finance newsletter, the advisor offers a fascinating overview of three companies that help "utilities and other industries provide quality water service."

"Aging pipes are one of the most pressing challenges in the US and beyond. Studies show that in some municipalities, loss from leaky pipes accounts for as much as 10% of water consumption.

"Ameron International (NYSE: AMN) is a pipe manufacturer with operations on every continent. Earnings per share don't show smooth-line growth on a quarterly basis given the cyclical nature of construction. But it does show solid, year-over-year growth.

"There's some price volatility as investors are jarred with increasingly pessimistic domestic construction outlooks, but overseas earnings will continue to bolster the balance sheet.

"Watts Water Technologies (NYSE: WTS) manufactures pumps, valves and controls for a broad array of both consumer and industrial applications.