All Systems Go For Crane, As Execution And A Growth Pivot Drive A Major Re-Rating
I'm not sure I could have asked for much more than what Crane (NYSE:CR) has done since it announced it was splitting Crane and Crane NXT (NXT). Not only did I like that decision, I've really liked management's pivot toward growth opportunities in Process Flow (or PF), it's new M&A program, and I feel like the messaging to the Street has been on point, not to mention the execution. The market has noticed, sending the shares over 60% higher since my last update, handily beating the broader industrial sector a ...