A.O. Smith Corp
AOS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^WR | LOCK|m!^ | LOCK|hcz>dS |
A.O. Smith: Lennox's Water Heater Joint Venture Unlikely to Result in Major Competitive Shift
Heating, ventilation, and air-conditioning manufacturer Lennox will form a joint venture with Italy-based Ariston Group to sell Lennox-branded residential water heaters in North America. This is a new product category for Lennox, but Ariston has been in North America since 2016.
