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Mueller industries (MLI) has just had a stock split of 2:1
Mueller Industries Quick Evaluation / Bull Case
What do you guys think about Mueller Industries (MLI)
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> MLI What are you waiting for on this? Is there a particular catalyst that would make you want to buy in?
Ones on my watch list that I haven’t taken the plunge on: MLI (mueller industrials- makes copper plumbing materials among other things ) V (visa) ONDS (onidas- a drone manufacturer) ERIE (Erie insurances company) Djco (daily journal- Charlie mungers holding company) PGR (progressive insurance) WM (waste management ) Ones I own I’d consider more of: AEM (agnico eagle mines- Canadian gold miner) RNMBY (rheinmetall- European defense manufacturing) CVX- (chevron oil)
I own MLI. I also used to work in several industries which used their products. The bad news is that both residential housing and commercial building construction is down. So those product segments are not doing well (shingle sprinkles!). Fortunately the Trump administration knows that residential housing is a big problem and they plan to do something about it. Unfortunately Republicans are incompetent scammers, so it probably won't work out, but we may see a pump in the next year or two. I don't think things can get worse here. The upside is that it's an AI play too. Those datacenters need to move a lot of air and liquid around for cooling and fire suppression, and MLI has a number of specialty valves that are rare in the industry. There are a couple of other industrial vendors that have not really had an AI pump yet, but most of them have. Check out COMM. It went kaboom in August, but I think it might still have room to run. They do copper and fiber cabling and other structured systems stuff like racks and similar components.
As someone who posts more in the daily, there are plenty of stocks that get discussed outside of the ones you listed. Most of the things I buy are less followed, since I actually screen for things to invest in and then research. Like I'm a GARPy investor, so I try to find good companies at good prices. Like for example, MLI Is an amazing company that almost no one has heard of or talks about. [https://stockanalysis.com/stocks/mli/statistics/](https://stockanalysis.com/stocks/mli/statistics/) Stock is not very expensive from a fundamental standpoint. They are an extremely boring company: >Mueller Industries, Inc. manufactures and sells copper, brass, and aluminum products in the United States, the United Kingdom, Canada, Asia and the Middle East, and Mexico. >It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; resells steel pipe, brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialties.
I own a company, $MLI that sell cooper pipes lol. Yeah, I'm more into the companies making things compared to transporting.
Yeah, I post about these type of companies here a lot. I find them really interesting. Like PH is great, but I think there is better value/better investments in the space, however PH is still solid. I've moved a lot of position into aerospace the last 6months or so, since it's just been killing it and it's a great way to get out of tech. Like I'm better heavy in data center and electrification, but I've been there before the LLM's and explosive growth. So wanted to get some exposure out of those sectors and aerospace is rad. $CW is another really cool name, but it's more energy/naval/aerospace play. I love $OSIS which gets you some aerospace and just general defense. $ESE is kind of like $CW, but more focused on naval. $MLI is extremely boring, does like copper pipping, but is a set and forget type of investment. $APH is boring connectors company, but this more data center exposure, but still have business in things like aerospace. $ITT does like pump values and what not, with some aerospace. $HWM is another name that does like fasteners for planes. $MOG.A is another boring company that does like sensors for aerospace.
They had good earnings today. A long time ago I worked in datacenters and telecom. I know MLI's products first-hand; especially some of their valves and HVAC stuff. This is an AI datacenter play. While they might get hurt by the poor consumer housing market and poor business construction, they may be able to lean into datacenter construction.
$MLI Q3 GAAP EPS of $1.80 beats by $0.21. Revenue of $1.08B (+8.2% Y/Y) in-line.
I like MLI for HVAC components. Seems undervalued right now and they make a lot of pipes/valves, heat exchangers etc that will be needed for build outs. Plus I don't see the need for copper pipe going anywhere. For power, Im investing fairly broadly in nuclear energy/uranium. A few nuclear plays I especially like are CEG, CCJ, RYCEY.
For stock picks, I like to go for current big/relevant industries, like tech, metals, and energy. $NVDA, $MLI, and $IMO have been good for that. As for timing- personally I invest alongside the very predictable BTC halving 'schedule', and it's been working oddly well for the last 5 years. Since a lot of the biggest market cap stocks are tech right now, large movements in cryptocurrency are affecting overall market sentiment and fund allocations. 520 days after a BTC halving, it's time for me to sell off. About 1 year later, I buy in. And about 1.5 months after the next halving, I start looking at small cap and risky stocks. Rinse and repeat. Everything lined up perfectly for this last cycle with the S&P 500. (10/13/21 sell off, 10/13/22 buy in, 6/3/24 small cap buy in.) If the cycle continues, the first half of 2026 won't look good for the market. Late September 2026 is my next buy-in, and I'll probably look at small cap & risky stocks around early May 2028.
Hab MLI auch gecheckt – sauber geführt, null Schulden, Menge Cash, Management macht’s richtig mit Buybacks und Dividende. Aber genau wie du nervt mich die Margin-Situation. 28 % Bruttomarge? Klar, sieht geil aus. Aber das ist kein struktureller Gewinn – das ist Kupfer im Aufwind + FIFO + schneller Umschlag. Wenn der Rohstoff fällt oder die Nachfrage lahmt, kippt das ganz schnell wieder zurück. Historisch war das alles deutlich niedriger, eher 15–18 %. Selbst 23–24 % wären schon eine Verbesserung, aber 28 % als „neue Normal“? Nee, glaub ich nicht. Aktie bei 90+? Da ist schon viel Optimismus eingepreist. Ich warte lieber auf eine Korrektur – bei 60ern oder so, wenn alle wieder weg sind. Dann schau ich nochmal rein. Aber jetzt? Risk/Reward passt einfach nicht.
$MLI Revenue: $1.14B vs. $1.12B est. EPS: $2.22 vs. $1.65 est. Mueller reports a record quarter excluding tornado insurance gains; remains optimistic about growth in water, HVAC, and electrical markets despite challenging conditions.
Anyone invest in MLI (Mueller Industries)? I’m starting to look into them now
$MLI Q1 EPS $1.39 vs. $1.21 last year Q1 revenue $1B vs. $849.65M last year. Regarding the quarter performance, Greg Christopher, Mueller's CEO said, "We delivered very good results in the first quarter despite certain manufacturing disruptions, which have since been resolved, and the general economic landscape. We were particularly pleased with the positive contributions that our Nehring Electrical Works and Elkhart Products acquisitions made to our business, and we look forward to their continued improvement."
My thought process to MLI's? Let's just say my thought process is a constant negotiation between optimism and a healthy dose of skepticism. To me it sounds like he wants to increase his fees, so you'll be paying a little extra for the privilege of being "linked." Fascinating.
Might be heading lower now, but it's been interesting to see how resilient NYSE: MLI has been through these last months. I would've thought you'd see it fall like NWPX and PRIM.
Thanks for the reply! Lots of names I haven't heard of before (SRAD, CTLP, PLMR, HRMY, CORT). I'll look into them this weekend! I am in CW and MLI as well. And I'm with you on the government agency fear stocks - I'm watching them but still haven't opened any positions. Now might be time to get into DRS though. CACI as well.
Welcome back $MLI it's been a while what were you doing down there silly??
Better get in on $MLI before its too late. You've already missed out on a 2-bagger in the year. Don't be like the dumb straight guy. Do the right thing, be gay, buy $MLI
I don't really follow the plumbing space as much lol. I really regret getting out my MLI position years ago. Haven't looked at the numbers but **WMS** is down like 15% off their earnings. I kind of like companies with higher stock prices since it does usually lead to less volume and liquity, which I don't mind when holding long term.
🐮 PM (+2.22%); 🐻 MMM (+2.05%, still riding down); didn't jump on GPC; 🐻 CAKE (+2.15%, but I entered and exited late); missed my entry on LOGI; 🐮 KMB (+0.37%, I got shaken out when she faded, and didn't re-enter); 🐮 IRTC (+3.96%, still holding); 🐻 MLI (-0.16%, she juked on me, and I was busy on the other plays, so I missed her bullish reversal).
🎰 I'm hunting PM, MMM, GPC. And second priority, CAKE, LOGI, KMB, IRTC, and MLI. Both sides.
Talking about indexed universal life policy not PMI / MLI.
Anyone ever look at Mueller Industries (MLI)? They sell many things, but their bread and butter is in plumbing / piping products. They are already doing well (the piping they sell will always be needed because many people have old plumbing systems), but could do even better if there's an aggressive home building push by Harris (or Trump).
I am looking at MLI for now if that helps.
I've been long SCCO for awhile now (cost basis around$74). FCX is the other big one. [Here's ](https://finviz.com/screener.ashx?v=111&f=ind_copper) the finviz list of copper miners. There are a lot of junior minors and exploration companies. TECK is an interesting play out of Canada that has some large copper projects coming online, but also other mining operations. There's some weird ones that make copper products like ATKR and MLI that also seem to be beneficiaries. Keep in mind that copper has been on a massive run lately, which is why it's getting attention. Please do a lot of research before getting into the space as commodities are notoriously hard to invest in. Do not buy things because of a reddit post alone!
So with WIRE, they should be getting bought at like 290 a share, so not sure if I would put capital to work there. I liked them a lot because personally I'm a big believer in the copper story, but I don't want to own a mining company. Just too risky and I don't find it interesting. $MLI is another interesting company to get some exposure to copper pipes, but they are extremely boring. I've held them in the past, but no longer have a position. ATKR is another interesting company, I've swung in and out of. One thing about the pandemic that makes it harder to analyze companies is understanding if the company saw explosive growth due to people ordering more because of supply chain issues. ATRK seems like it might be the case, they seen a ton of declining sales. However, if you use like prior to the pandemic as a bench mark, they are still way ahead: [https://www.tradingview.com/symbols/NYSE-ATKR/financials-overview/](https://www.tradingview.com/symbols/NYSE-ATKR/financials-overview/) The company is buying back insane amout of stock, like YoY, they took out 6% of the shares and only has a float of like 36M shares. I think it's a great long term hold, but could be sideways for a bit, since you need to understand the story of the double ordering to make sense of the numbers now. Like if you look at their earnings, the stock loves to puke every time they report. $NVT is one my favorite longs, just because I find it great when a company has multiple tailwinds and not just concentrated in just one area in terms of sales. Here's the latest investor slide deck: [https://s22.q4cdn.com/268397047/files/doc\_financials/2024/q1/2024-Q1-Earnings-Deck-FINAL.pdf](https://s22.q4cdn.com/268397047/files/doc_financials/2024/q1/2024-Q1-Earnings-Deck-FINAL.pdf) On page 6, it's a breakdown of segment and sales and it their enclosure business is growing due to commercial and residential, same with their electrical and fastening. I believe the business is looking to sale their thermal management line, which is seeing a bigger backlog but their worst segment. As far a CEG goes, seems like a great company, but it's a bit too expensive for my taste. It's not a bad thing, just doesn't fit my personal style of investing. Like I'm a software engineer, by no means a professional. My goal however, is to buy great/amazing companies at the best prices as possible. I think some of the biggest risk in the market for a lot of people is the price they pay for the stock. DECK is an incredible company, it's something I wouldn't buy personally, but the performance is incredible. It's one worth having on a watchlist and buying during pullbacks if you want to get into them. I just wouldn't buy them because I don't really want to own retail stuff. CARR is a long of mine. Like my investment thesis has been for a while to go after companies that deal with electrification, physical data center, companies that will have tailwinds because of the IRA and infrastructure money. Recently, I added aerospace/defense into that thesis, espeically anything with ship building. Like not talked about a lot, but the US is falling behind China in terms of ship buildling: [https://www.military.com/daily-news/2024/04/10/falling-behind-navy-criticized-delays-shipbuilding-deployments-may-leave-us-behind-china.html](https://www.military.com/daily-news/2024/04/10/falling-behind-navy-criticized-delays-shipbuilding-deployments-may-leave-us-behind-china.html) [https://www.cnn.com/2023/01/16/asia/china-navy-fleet-size-history-victory-intl-hnk-ml/index.html](https://www.cnn.com/2023/01/16/asia/china-navy-fleet-size-history-victory-intl-hnk-ml/index.html)
Thanks for the info. I went ahead and sold it. $165 cost basis Unsolicited, but if you're looking to get a similar position, check out MLI. They're another copper piping producer with an excellent balance sheet and a low valuation
I have a much smaller $5k position with MLI but i didn't include it because their stock growth has been significantly slower than the others. What attracted you to MLI? What do you think of their future prospects?
MLI... Just got out but thinking I shoulda held
MLI dumping last couple days. Industrials are sagging
Such a solid boring company. MLI is been a juggernaunt too.
How about exploring lesser-known companies? In my experience, these can often turn out to be the best investments. Let me give you a couple of examples. When my electrician installed my Generac generator, I noticed some wires on the ground that he had cut up to get the generator running. Upon closer inspection, I found the manufacturer's name on the wires: Atkore. This company has consistently demonstrated growing free cash flow, EPS, revenue, and net income over the past decade. With a Total Debt/Equity (mrq) ratio of 64.08% and a remarkable Return on Equity of 69%, Atkore shows impressive financial strength. Moreover, its price-to-earnings ratio is currently at a five-year low, standing at less than 8. The company also boasts a 4/5 star rating on Glassdoor. Another intriguing discovery I made was when I came across some unique copper pipes and tubes while browsing at Home Depot. Curiosity led me to research the manufacturer, which turned out to be Mueller Industries, Inc. (MLI). Similar to Atkore, Mueller Industries' products are highly valued, used in pools and behind the walls in houses. Just like Atkore, this company has exhibited long-term earnings and revenue growth, maintaining low valuations, low debt, and a healthy cash position. These are the kind of hidden gems that you stumble upon when you keep your eyes open and pay attention to the products around you. They may not be the companies making headlines every day, but that gives them the opportunity to be undervalued. I'm cautious about mentioning these names, but I'm always eager to share financial education and help people make smarter financial decisions. I hope this insight proves useful to you. Feel free to reach out if you have any further questions or if there's anything else I can assist you with.
I think MLI has to be the definition of my the most boring stocks you can buy, but such solid performance of out of a company. Not expensive either.
Probably have around the same, but I have some green at least lol MEDP, SSD, MLI, HCCI all green. AIT is flat.
Picked uo MLI today, I think its a good value buy.
MLI is melting up today. Looks like they increase their dividend by 20%
A few names to look into, always make sure to do your DD, but these aren't terrible valued companies that are great performers: SMCI - company that sales data center equipment MLI - boring company with little to no debt that sells copper, brass, aluminum, and plastic products. UFPI - boring company that sells wood alternative products as well as does custom packaging. Does great with M&A and is about to join SP600 Midcap. RELL - global provider of engineered solutions, power grid and microwave tubes and related consumables;
I've been playing companies that should do well with infrastructure and the IRA as well as reshoring and electrification. I've done well with MLI, WCC, ATKR
So it was you. Did you also mention $MLI? Good pick.
Someone here recently mentioned $NVT and $MLI since I put both stocks on my watchlist. They both hit new 52 week highs today.
I’m investing in companies that should benefit from infrastructure and the inflation reduction act. Also like the space that deals with electrification. Some of the names I’m in are: UFPI ATKR RELL AIT MLI WCC CLH STM Highly suggest you do your own DD on the names, but it’s a least a few to search researching.
Oh, totally. I also like they're now debt free and made acquisitions. I think it's a solid company. Im just not as certain that it doesn't have more correcting to do after a blowout year. I'll put it in the uncertain category at this point. ATKR and MLI are in the same boat. Interesting, I'm just kinda unsure.
Aha I recognize that name. Probably because I read the articles on MLI, ATKR, and PICK already
I like UFPI because you get more exposure than just building materials. Like they have an industiral segment that provides pallets, specialty crates, wooden boxes, and other containers and products that are used for packaging, shipping, and material handling applications, as well as various other protective packaging applications. They also do a lot of great M&A. It's just one of those boring companies that is managed well and make money. This is from their last earnings call: >Moving on to UFP Industrial. With the exception of the slowing in the Southwest, machine-built pallet demand is strong. Raw material is becoming more available, while labor and freight costs remain challenging. PalletOne continues to perform well as expected and in executing its strategy to improve sourcing, manufacturing and expanding geographically within the UFP footprint. The recent combination with Forest products provides additional opportunity to create efficiencies in the supply chain. On the structural packaging side, our national sales team continues to gain business with national accounts. Some customers' businesses have slowed somewhat, while others remain strong and we are gaining customers as well as gaining efficiencies in manufacturing. The supply chain overall is improving, which helps us produce lead times. Our outlook remains positive given our very diverse end markets in the industrial space, which provides consistency and stability. They also just bought a new company recently, Titan Corrugated and its affiliate, All Boxed Up, to add to their packaging. Another one I forgot to mention that I really like is MLI.
Added $NVT, $MLI, and $ATKR to my watchlist. But yeah I think I'll prolly just buy the ETF $AVUV first in 2023. I do like those suggestions thou. They all fit into my Blue collar investment strategy. I totally agree with you on the infrastructure thou. Gov'ts have tried to spend themselves out of a recession in the past by increasing infrastructure spending. And let's be honest, it is needed in USA.
I forgot the usersname, but it's a bunch of numbers and they normally post about oil, but they brought up AVUV before. I never looked at it and realized a lot of what I bought is in that ETF! Like MLI and ATKR are there lol Personally, I keep positioning into value companies with my screener. I look for high return on capital, not a crazy forward PE, gross margins, and PS. I then look at their revenue growth and read their earnings transcripts to get a better understanding. That's why I keep buying names that deal with infrastructure, the electrtification of things, and onshoring. There's a ton of money going into these spaces and I think they will be market leaders for the next 2-5 years. Not sure beyond that, but that's my thesis and how I'm investing. I mean look at NVT. I don't think it's ever brought up here. They had a lot of debt, they were a spin off company that usually happens, but they are raising guidance in this climate. Over the 1Y it's down 0.21%, but they deal with selling like electrical components in all these key demographics. [https://www.nvent.com/en-us/about-nvent/about-nvent](https://www.nvent.com/en-us/about-nvent/about-nvent) You can buy them for 15x forward earnings. They aren't like superundervalued or like super cheap, but they are a solid investment in this climate for the next few years.
Looking at companies that deal with safety and deal with supplying construction companies like FAST, GWW, and ATKR. Also looking at companies that deal with automation and machinery like AIT and APH. Also like companies like MLI. Then with the grids needing to be updated, looking at companies like NVEE. Also playing the strong agricultural market with TITN. What's interesting is some of these companies are beating and raising guidance in this climate.
A company I'm a big fan of as well in that space is MLI. Since you work in the space, I'm sure you've probably heard of some of their names: [https://www.muellerindustries.com/our-companies/](https://www.muellerindustries.com/our-companies/) Kind of a slow growing boring company, but managed really well. I also like ATKR, they have been moving more into the PVC pipe space with more of their acquisitions.
Bruh I just invested in a small cap 2 weeks ago (OLPX) and lost 50% in one day this week. I'm *not* the guru lmao. I've been researching a lot of what /u/_hiddenscout buys (UFPI, WIRE, ATKR, MLI) for example. I also look lots of different energy picks but they are not long-term holds, more like medium term holds. I own them through the ETF PSCE. So I'm afraid I really don't have any particular other examples, and I definitely don't have the confidence to recommend them very highly.
I should just buy the hiddenscout ETF. - ATKR - WIRE - UFPI - CLFD - ATKR - MLI - NVT (?)
Yep, that's part of the reason why I picked them up. I'm a fan of companies that do well with M&A. Same thing with like ATKR and MLI. I think I mentioned them to you before, but look into MLI. Another solid company.
Really intersesting report for MLI today. I'm long the company, but the earnings were eh. Operating Income of $205.2 million versus $233.4 million. Adjusting for the aforementioned gain, this reflects a 15 percent increase versus the prior year period. Net Income of $154.5 million versus $171.0 million EPS of $2.74 versus $3.01 Net Sales of $944.8 million versus $982.2 million From the CEO >Regarding the quarter performance and outlook, Greg Christopher, Mueller's CEO said, "We delivered another strong quarter despite ongoing macroeconomic challenges, and ended the quarter with many of our businesses operating at capacity and with healthy backlogs. Our business outlook remains positive. Building construction, a key market for many of our businesses, has been exceptionally strong in recent years. Although we anticipate some tempering in the building industry on the horizon, we nonetheless expect overall demand to remain at healthy levels for our Company. Still trading up today at like 4.9%. At least they have like zero debt which is pretty cool.
I bought NVEE because of you, fits into my thesis well. I always bring up really boring companies that I think will do well in the next 2-5 years. Stuff like ATKR, MLI, WCC, CLFD and CLH
Sorry. Been out of the country on vacation. Paris is rad. You should also check out MLI. Solid company. Solid sales. Really low PE. Still believe that electrification of things and infrastructure plays will be some of the leaders in the next few years. Government money is ready to be filled out and not a ton of European exposure. I mean even if he hit a recession, there’s so much on shoring going on with the infrastructure. One of the biggest risks is there’s not enough people working in construction.
I bought more OLPX and MLI today. Still really liking ATKR, AIT, APH, WIRE, MLI and NVEE
Another few interesting ones is that PSTG, but AIT and APH both look pretty rad. I also just opened up a position in MLI.
Here’s one I really like MLI, no the op.
I bought some MLI today, but looking at getting more: APH ATKR QCOM CLH
Thinking of opening a position in either APH or MLI. Anyone ever look into either of these? Any opinions?
Oh for sure. I mean I posted about MLI earlier. I'm going big into small/mid cap companies that do with rural broadband and infrastructure right now. Between the money from the infrastructure bill and the inflation reduction act, plus all the companies talking about building factories in the US, seems like a growth is going to happen in this sector over the next 2-5 years.
Add an E between the M and L and I can help out lol never heard of MLI though, sorry.
I asked about it on Friday, anyone ever heard of MLI? Have any thoughts or opinions?
Came across another interesting company MLI. Anyone have any thoughts or opinions or looked into them before?
I don't care about analysts. That means I don't care if a stock is covered or not.  Checking my portfolio there are a few stocks with no or very little coverage: $MLI, $VTOL, $VISTA, $CENX, $HIMX Disclosure: I hold shares of all stocks mentioned above.
Arcbest $ARCB and other transportation stocks. Alcoa $AA and other metal stocks. Embraer Aeroplanes $ERJ, Murphy USA gas stations and shops $MUSA and one very under the radar, WestFraser Timber $WFG and Mueller Industries metals $MLI. All had a nice run and I still own them, hopefully for much longer.
If scrap, then parlay into materials investmen / industrials. I like $MLI not because reconstitution play.
I really don't think monetary policy is the appropriate means for addressing supply side bottlenecks tbf to him That said I'd look v closely at MLI and MWA for example. Stuff like CARR as well.
Any 2 of the following at open: 1) BG 2) RGR 3) BLDR 4) AAWW 5) EXP 6) MLI 7) MOS 8) CARR 9) FL ​ Thinking AAWW and either RGR or BLDR lol
The 2 big names off hand I think of for piping that Ive seen in the Industry for pvc and cast plumbing fittings charlotte pipe is a privaty owned company. As far as pex i think at its root only 3 companies actually make pex and sell to other companies viega being one of them. Viega also makes propress fittings which are very popular for connecting copper pipe for plumbing and heating. Unfortunatly viega is also not publicly traded. I do see alot of great lakes copper for copper pipe as far as in commercial properties and they are owned by Muelluer industries stock ticker MLI