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Mueller Water Products, Inc. Message Board

  • tradingplacesdan123 tradingplacesdan123 Jan 21, 2013 9:37 PM Flag

    Housing Starts and MWA share price

    These two correlate fairly well, more housing starts, higher share price. The last time we had 950,000 housing starts (as we did last month) MWA was floating around the $8-$9 share price. So if these housing starts hold here or rise, should have quite a bit of upside in MWA, especially now that more profitable without US Pipe.

    Sentiment: Strong Buy

12.38-0.08(-0.64%)Oct 21 4:02 PMEDT