Mueller Water Products, Inc. (NYSE:MWA)

djohn1969 (< 20) Submitted: 9/21/2012 10:50:03 AM : Start Price: $2.92 MWA Score: +108.37

Mueller Water has doubled my money in only 10 months, but the company is still in turnaround mode since becoming an independent company so it has more room to run. In order to evaluate the company's future potential, rather than just dwell on its past performance, it's important to understand why the company struggled until recently. Mueller Water is the unfortunate recipient of the most unlucky timing possible -- MWA is exactly the kind of company that is most directly impacted by macro-economic and housing market problems and was spun off from Walter Energy just in time for the worse housing and general economy collapse in many decades. So, how well MWA will do going forward depends largely on how well our housing market and entire economy continue to recover. In other words, Mueller's recovery closely tracks that of the housing market and the economy as a whole so, if Mueller's turnaround doesn't continue, that will likely mean that we'll all have far worse problems to deal with than the price of our MWA stock.