Buy Xylem on the Dip - Water Technology Deserves a Higher Multiple
Xylem (XYL) is a cash-generative leader in water infrastructure, applied water and measurement solutions. At $114.77 the stock has pulled back to its 52-week low even as revenue and FCF remain healthy. With a conservative balance sheet (debt/equity 0.17), $910M of free cash flow and clear structural tailwinds - from municipal upgrades to data-cente…