Watts Water Technologies, Inc. (NYSE:WTS)
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The Company through its subsidiaries, designs and manufactures water safety and flow control products primarily for the water quality, water safety, water flow control, and water conservation markets in North America, Europe and China.
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It's all about the water. The demand for this natural resource is rapidly growing, while the sources of fresh clean drinking water are not. That's why this company is here - to provide the machinery necessary to provide that fresh safe drinking water. They manufacture and sell an extensive line of valves and other products to industry and DIY in homes.
Recent hits in the market due mostly to higher costs for the company bring is value more in line to where it should be, perhaps even undervalue.