Mueller Industries Inc. (NYSE:MLI) is a great company operating in the metal fabrication industry. The company operates in a market that does not elicit thoughts of great profits or growth and would be considered by many
Mueller Industries: Boring Stock That Makes Money
Summary
- Mueller Industries operates in a boring business industry but has stable operations.
- Zero debt and untapped revolving credit facility.
- Good cash flow generation.
- Great growth in core business operations.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MLI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.