Why You're Smart to Buy This Sustainable Water Stock
It's been a slightly disappointing year for sustainable water company Xylem (NYSE: XYL). While the stock is still up 16% on a year-to-date basis, it's underperformed the S&P 500 by slightly more than 7%, while the company has cut full-year 2019 earning guidance through the year.
Nevertheless, the company's most exciting long-term earnings driver -- the adoption of smart technologies in the water infrastructure market -- remains intact, and the stock is still attractive for long-term investors. Here's what you need to know before buying.
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Source Fool.com