IDEX Stock Exhibits Strong Prospects Despite Persisting Headwinds

IDEX Corporation (IEX) is poised to gain from the strong performance of the Fire & Safety/Diversified Products (FSDP) segment. Increase in demand for OEM and integrated solutions in the fire and safety businesses is driving the segment’s revenues. Also, solid momentum in the aerospace end market has been a tailwind for the FSDP segment’s BAND-IT business. IEX’s focus on reducing excess inventory and improving overall productivity has also been proving beneficial for the FSDP segment.Over time, IDEX has stea ...