On this episode of Stock Spotlight, Michael shines the spotlight on Badger Meter ($BMI), the hidden powerhouse behind smart water management. Think of BMI’s meters as the cash registers of utilities: essential, sticky, and increasingly digital. With secular tailwinds in conservation, regulation, and infrastructure investment, the company sits at the intersection of necessity and innovation.
Michael breaks down why Badger Meter scored a strong 81% on his Quality Checklist, how SaaS revenue and international expansion could fuel the next leg of growth, and where valuation leaves room — or risk. With a fair value range of ~$129–$216 and technical support in the $160s, BMI offers a compelling picks-and-shovels play on one of the world’s most vital resources. Hear why Michael has initiated a position and what would make him trim or sell.
----------------------------------------------------------------
00:00 Intro
00:37 Investment Checklist & Database
01:17 Business Overview
11:51 Industry Overview
16:37 Quality Growth Profile
20:25 Financial Statement Overview
27:02 Management & Ownership Structure
32:16 KPIs to Track
33:12 Valuation & Technical Analysis
38:27 Verdict
40:35 Outro
----------------------------------------------------------------
Intro Music: Andrey Rossi – Seize the Day
Outro Music: Ra – Prospect
*Music provided by Uppbeat Premium
Follow me on X: https://twitter.com/invest091
Subscribe to my YouTube channel: https://www.youtube.com/@stockspotlightpodcast
----------------------------------------------------------------
Disclosure: The host of Stock Spotlight is not a licensed financial advisor. The information and opinions shared during the show are for entertainment purposes only.
