ITT Looks Like A Smarter Buy Than Parker Hannifin Stock

Group 1 - ITT presents a lower Price to Operating Income (P/OpInc) ratio compared to Parker Hannifin, indicating a potentially more attractive valuation [2] - ITT has demonstrated higher revenue and operating income growth than Parker Hannifin, suggesting better performance metrics [2] - The disparity between ITT's valuation and performance metrics implies that investing in ITT may be more beneficial than investing in Parker Hannifin [2] Group 2 - A method to assess Parker Hannifin's stock valuation involves comparing its current metrics with those from one year ago, which may indicate whether the stock is overvalued [5] - A significant reversal in Parker Hannifin's performance trends over the past year could suggest that the current valuation mismatch is temporary [5] - Continued underperformance in revenue and operating income growth for Parker Hannifin would reinforce the view that its stock is overpriced relative to peers [5]