Advanced Drainage Systems: A Good Long-Term Growth Story, But Valuations Out Of My Range
Advanced Drainage Systems (NYSE: WMS ) has a conflicting investment case with near-term headwinds and a strong long-term growth story. The recent results were decent on the surface, but they were mostly driven by acquisitions likeI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst in the near future. My invest ...