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Milwaukee, Wisconsin-based A. O. Smith Corporation (AOS) manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products. Valued at a market cap of almost $10 billion, the company specializes in offering innovative and energy-efficient solutions and products.
Companies valued at less than $10 billion are typically classified as “mid-cap stocks,” and AOS fits the label perfectly. The water treatment solutions provider has sales and distribution in more than 80 countries around the world and aims to become a leading global water technology company through new product development, global expansion, strategic acquisitions, and partnerships.