If you enjoyed this, consider Ian's Insider Corner to enjoy access to similar initiation reports for all the new stocks that we buy. Membership also includes an active chat room, weekly updates, and my responses to your questions.I most recently covered water equipment company Badger Meter (NYSE: BMI ) in April, arguing that it was finally a buy following its Q1 earnings tumble . Well, it must be Groundhog Day, because I could useIan Bezek is a former hedge fund analyst at Kerrisdale Capital. He has spent t ...