Here's Why Shares in This Water Company Gushed Higher Today

Shares in water technology and pool products company Pentair (PNR 8.81%) surged by 10.7% in early morning trading on Tuesday. This kind of performance might be expected in the current environment, whereby merely maintaining full-year guidance is a major positive.In addition, management served notice that its transformational initiatives are working and continuing to expand profit margins even as sales declined.Pentair's transformation continuesGoing into 2025, the investment thesis around the stock this yea ...