Validea Benjamin Graham Strategy Daily Upgrade Report - 10/19/2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 19 2024
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Source: NASDAQ.COM
Mueller Industries Inc. Rating Update: The stock rating for Mueller Industries Inc. (MLI) improved from 71% to 86% based on Benjamin Graham's value investing strategy, indicating strong interest due to its solid fundamentals and valuation.
MGP Ingredients Inc. Rating Update: MGP Ingredients Inc. (MGPI) also saw its rating rise from 57% to 86%, reflecting favorable underlying fundamentals and valuation in the alcoholic beverages sector, suggesting potential investment interest.
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Analyst Views on MLI
About MLI
Mueller Industries, Inc. is a manufacturer of copper, brass, and aluminum products. The Company's products include copper tubes and fittings; line sets; steel nipples; brass rods, bars and shapes; aluminum and brass forgings; aluminum impact extrusions; compressed gas valves; refrigeration valves and fittings; pressure vessels; coaxial heat exchangers; insulated flexible duct systems, and wire and cable solutions. It also resells brass and plastic plumbing valves, faucets, and plumbing specialty products. Its Piping Systems segment is composed of Domestic Piping Systems Group, Great Lakes Copper, European Operations, Trading Group, Jungwoo Metal Ind. Co., LTD and Mueller Middle East WLL. Its Industrial Metals segment is composed of Brass Rod, Impacts & Micro Gauge, Brass Value-Added Products, Precision Tube, and Nehring Electrical Works Company. Its Climate segment is composed of Refrigeration Products, Westermeyer Industries, Inc., Turbotec Products, Inc., Flex Duct and Linesets, Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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