MWA - Mueller Water Products Holds Promise
Mueller Water Products, Inc., (NYSE:MWA) holds a lot of promise. The U.S. faces chronic underinvestment in infrastructure and may have to invest substantial amounts on improvements in the coming years. The company’s technology offers a long-term play on the internet-of-things. But that division suffers from very low margins. Investors may have to wait for sustainable growth rate and margin improvement before investing.
Mueller Water Products operates under two business segments:
Infrastructure: This segment manufactures valves for water and gas systems.
Technologies: This segment offers metering systems, leak detection, pipe condition assessment,