There aren't a whole lot of companies that have had as impressive a decade as water equipment manufacturer A.O. Smith (NYSE: AOS). On a total-return basis (price appreciation plus dividends), its stock is up an incredible 1,000%. So far, though, 2018 hasn't been as kind, with the stock down about 12% since its highs in January. After looking at the company's second-quarter earnings, it's a little hard to see why Wall Street isn't impressed with what this company is doing.
A.o. Smith Keeps Beating Expectations. So Why Is The Stock Down?
newsfeedback@fool.com (Tyler Crowe), The Motley Fool
Wed, 07/25/2018 - 11:36am
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