Water Heaters and Boilers

The company says about 85 percent their sales each year is replacement, because obviously this equipment doesn't last forever. They're also in commercial and now they're in india and china, doing not only their traditional business, but also a purifying water, which is a massive opportunity. So the stock acts great. They're buying back a ton of shares. The dividend goes up every year. This is a classic compounder market cap is only 13 billion. I still think there's a lot of room for this stock to work.