Here's Why You Should Retain IDEX Stock in Your Portfolio Now
IDEX Corporation (IEX) is poised to benefit from strength in the Fluid & Metering Technologies segment. Strong momentum in the intelligent water business, driven by continued strength in the North American municipal market and rising governmental funding to support ongoing investments, bodes well for the segment. The segment’s organic revenues increased 3% on a year-over-year basis in the fourth quarter of 2024. The company expects overall organic revenues to increase 1-3% year over year in 2025.The company ...