How Is A. O. Smith Corporation’s Stock Performance Compared to Other Industrial Stocks?

With a market cap of $9.4 billion, A. O. Smith Corporation (AOS) applies technologies and solutions to products manufactured and marketed worldwide. The Milwaukee, Wisconsin-based company manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

Companies valued at less than $10 billion are generally described as “mid-cap” stocks and A. O. Smith fits this criterion perfectly. The company is the largest manufacturer and marketer of water heaters in North America, offering its products under the A. O. Smith, State, Lochinvar, Hague, Water-Right, Master Water, Atlantic Filter, and Water Tec brands.