Here's Why Investors Should Retain ITT Stock in Portfolio Now
ITT Inc. (ITT) has been benefiting from strength in the short-cycle business within the energy and industrial markets. Growth in demand for parts, services and valves is aiding the Industrial Process segment. Growth in component and connector sales within the defense and industrial markets is supporting the Connect and Control Technologies segment.Strong demand for the company’s brake components and specialized sealing solutions, shock absorbers and damping technologies in the OEM and rail transportation ma ...