Mueller Industries (MLI): A Bull Case Theory

We came across a bullish thesis on Mueller Industries on George Atuan, CFA’s Substack. As of 28ᵗʰ August, Mueller Industries’s share was trading at $96.50. MLI’s trailing and forward P/E were 15.34 and 18.21 respectively according to Yahoo Finance.

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Mueller Industries (MLI) is a well-run industrial company that manufactures essential copper and brass products for plumbing, HVAC, and infrastructure. The company benefited massively from the pandemic-era...