Essential Utilities Inc (WTRG)
Pitch Summary: Multiple failed acquisitions and the business is about to decline; growing signs of financial stress and financial reporting issues; no excess capital to meet its dividend obligation; company insiders own 0.17% of the stock; a number of major financial numbers could be false; up to 50% downside; BSD Analysis: Essential Utilities offers defensive […]
Xylem Inc/NY (XYL)
Pitch Summary: Paid a huge premium for the acquisition of AQUA, which has been under federal investigation and is full of accounting tricks; wasted $2.1 bil for two poorly performing technology acquisitions; potential legal investigations; up to 45% downside; BSD Analysis: Xylem is a global water technology company. Bears argue valuation is stretched, integration of […]
