Mike the PhD

Watts Water Tech: A Small-Cap Growth Play On Big Trends

Watts Water Technologies (NYSE:WTS) is a $1.8B (market cap) maker of safety and flow control products used in water safety and conservation efforts across North America, Europe, and China. The firm makes water quality products ranging from backflow preventers to check valves which prevent reverse flow in water lines, as well as water filtration products, water drainage products, temperature and relief valves for water heaters, and fire protection/suppression systems.

Most of WTS' products are either used in by OEMs (like water heater manufacturers), or are used by contractors and are bought via wholesale distributors and do-it-yourself chain stores. As a result, the company can be looked at as an indirect bet on the resurgent US housing market with...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details