Looking back on water infrastructure stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Mueller Water Products (NYSE:MWA) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Watts Water Technologies (NYSE:WTS) and the best and worst performers in the water infrastructure industry.
Over the last 7 days, the United States market has remained flat, yet it is up 22% over the past year with earnings expected to grow by 15% per annum over the next few years. In this promising environment, identifying lesser-known stocks with strong fundamentals and growth potential can be a rewarding strategy for investors.