Advanced Drainage Systems: A Good Medium-Term Bet

Advanced Drainage Systems (NYSE: WMS ) is facing near-term headwinds in its non-residential end market and this is pressuring its valuation multiple. However, this is a transient headwind. With the interest rate cycle reversing, we should see a recovery in this market inI have over 15 years of experience investing and have provided research services to mid-sized hedge funds with assets under management between $100 and $500 million. I also have had a brief stint as a sell-side analyst. I am now focusing pri ...