US based plumbing business RWC has rallied strongly since delivering an excellent half-year result back in February i.e. the company delivered a 56% increase in net profit to just shy of $100m. RWC has a focus on repair and renovation which puts the business in good stead moving forward in both the US & UK, a stock which is lifting dividends and reducing debt always catches our eye.
MM likes RWC under $4.50
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