American States Water (AWR) to Gain From Systematic Investments

American States Water Company’s (AWR) strategic investments in upgrades are further strengthening its infrastructure. The company has a strong utility customer base, which is increasing the demand for its services.However, this Zacks Rank #3 (Hold) 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 a ...