American States Water (AWR) to Benefit From Ongoing Investments

American States Water Company’s (AWR) regular investments in upgrades are strengthening its infrastructure. The company has a strong utility customer base, which is increasing the demand for its services.However, this Zacks Rank #2 (Buy) company’s excessive reliance on a single state for a significant portion of its earnings acts as a headwind.TailwindsAmerican States Water has a sturdy utility customer base, and most importantly, it is increasing its electricity and water utility customer base at a slow bu ...