Mueller Water Products, Inc. (NYSE:MWA)

Debt....What Muni has the cash to upgrade their water system? I think this may outperform in the VERY long term, but underperform for now.

This stock price is garbage right now, but lets gets serious about the future. It is down 87% from it's first day on the stock market because municipalities are trying to cope with budget constraints, and one of the things they aren't spending money is upgrading water infrastructure. Right now Mueller is basically surviving and waiting for clarity in the bigger macro issues. On the flip side, as long as Mueller doesn't stays afloat ..it stands to be a great buy. Eventually municipalities will need to upgrade their infrastructure because most of the infrastructure was built soon after WWII (http://www.cnn.com/2011/US/01/20/water.main.infrastructure/index.html). It also has never missed a dividend payment since it first started paying it in November 2006. I consider the 3.25% yield to be maybe too big given the circumstances, but who doesn't like compound interest. It's like getting two birds with one stone.

It finally got back down to where I wanted it for a longer term hold.

In light, will watch and wait for more buying opportunities.

Will take small bites because this is not going anywhere real quick.

I still think they have a lot of future potential.

JMO and worth exactly what I am charging for it.

Only if the municipalities can find money to rebuild their water infrastructure. In the meantime I believe this stock will perform

Water infrastructure is bound to take off regardless as communities and governments look to update crumbling systems. Plus, stands to gain from the inevitable recovery in construction industry. Sports a nice 3.11% dividend too!

Simple.. to much Debt Debt Debt

Why the "smart money" is investing in MWA: This stock regularly traded for $14 plus before the financial crisis in 2008. There is an enormous amount of water treatment and distribution infrastructure that needs to be upgraded in this country, and that will be a big opportunity for MWA. While many are concerned that budget issues at many municipalities might continue to postpone or cancel water infrastructure projects, sooner or later most of them will have to happen to maintain water quality and system efficiency. When MWA starts reporting growth and profits, the stock is likely to see strong appreciation from these levels.

When cities and municipalities realize that replacing crumbling infrastructure is cheaper than doing nothing, MWA's sales, profit, and stock price will begin a long upward trend.

To be honest, this could be a bust. I am not a buyer in this sector. However, I can't judge this too accurately. For one, I have no clue if the future water-wars and water shortage from climate change will impact this sector and thus this company in a positive way.

I mean, if the world runs low on water, is that a good thing for companies like this? To be honest, I have no clue. However, if I were to take a wild guess (ok, maybe slightly educated) I's say that the increased demand for water will help MWA.

In short, MWA will either do nothing for the rest of time, or move up at a rate faster than the S&P 500. I'll just lake the latter for the heck of it.

Another play on water, Mueller plays in the "infratructure" space within the industry, making pieces that fit into community water networks. The stock has been depressed due to the difficulties being faced within the residential real estate market, as well as the financial problems facing many municipalities across the U.S. However, the problem of ageing water infrastructure is only going to get worse, and demand for new infrastructure will return at some point. Mueller stands to benefit from this theme.

5 STAR, Small-cap, dividend payer

Good growth and earnings ahead.

GO GO GADGET GO!

Anundervalued company

big drop but still highly rated

Spending on water infastructure is on the rise in 2011. discarding debt increasing cash flow.

Great value at these levels...

y not?

good buy hold