Bryan Wagman
Long/short equity, value, growth at reasonable price, industrials

Franklin Electric Has A Bright Future With New Products And Developing Markets

Thesis

With unrivaled innovation that results in accelerated growth, along with a fair valuation and strong financials, Franklin Electric (NASDAQ:FELE) appears to be a buy. The company has plenty of room for progress by expanding the markets that they have yet to penetrate and by taking advantage of new technologies. Franklin has a bright future, and their stock is currently available at a decent price.

Overview

Franklin Electric designs, manufactures, and distributes water and fuel pumping systems across the globe. The company has 4,200 full time employees, was founded in 1944, and is headquartered in Bluffton, Indiana. The company is known worldwide for their outstanding products. They have been growing consistently, both domestically and internationally, from the time...

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