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With a market cap of $9.6 billion, A. O. Smith Corporation (AOS) is a global manufacturer and marketer of residential and commercial water heating, boiler, heat pump, tank, and water treatment products, serving customers across North America, China, Europe, and India. Its diverse product portfolio supports a wide range of applications, including homes, restaurants, hotels, hospitals, schools, and other commercial and industrial facilities.
Companies valued less than $10 billion are generally classified as “mid-cap” stocks, and A. O. Smith fits this criterion perfectly. The company sells its products under well-known brands such as A. O. Smith, State, Lochinvar, and Aquasana through wholesale, retail, and e-commerce channels.
