Middlesex Water Stock Discussion

Wall Street banks are in a frenzy over "The Next AI Trade," piling into the 'Powering up America' investment themes. These include power grid companies, commodities such as copper and uranium, as well as artificial intelligence chipmakers. However, the issue of water consumption has been relatively overlooked.
JP Morgan recently released a research report titled "Deep Dive into Power,...

Middlesex Board of Directors are excited about Leslie's appointment, citing her knowledge and experience as valuable. Leslie is confident in her ability to navigate challenges and create value for customers and shareholders.

Despite a drop in EPS, market sentiment for Middlesex Water Company remains steady. The sell-off could be a potential opportunity if sustainable growth continues. However, two warning signs, one potentially serious, exist in the investment analysis.

Despite the company retaining most of its profits, the low ROE and low earnings growth suggest investors may not be benefitting from all that reinvestment. The article advises proceeding with caution regarding this company.

Insiders selling stocks, without any insider purchase over the last year, could raise investor concerns. Despite insider ownership implying some alignment with shareholder interests, the absence of recent insider transactions is disheartening.