IDEX Corporation (IEX), based in Northbrook, Illinois, is a global applied solutions leader, engineering and manufacturing mission-critical components that support essential industrial functions. Commanding a market capitalization of around $13.4 billion, its technology base spans fluid handling, precision engineering, and safety applications, with products ranging from pumps and valves to meters, processing systems, sealing solutions, and specialized rescue tools. More News from Barchart Market atten ...

Core Thesis - Xylem Inc. is positioned as a leading pure-play water technology company, focusing on providing clean and reliable water solutions, with a current share price of $146.00 and trailing and forward P/E ratios of 38.80 and 27.78 respectively [1][2] Company Overview - Xylem designs and sells a comprehensive range of water solutions, including pumps, treatment systems, meters, and digital platforms, generating recurring revenue through maintenance contracts, software subscriptions, analytics, and equipment rentals [2] - The company originated from ITT Corporation, which spun off its water businesses in 2011, and has since established itself as a global leader in water technology [4] Market Position and Growth - Xylem is strategically positioned to benefit from long-term global trends such as urbanization, climate change, water scarcity, and tightening environmental regulations, which increase demand for advanced water infrastructure [3] - The company significantly enhanced its capabilities through the $7.5 billion acquisition of Evoqua Water Technologies in 2023, solidifying its position as the world's largest pure-play water technology firm [4] Innovation and Revenue - Innovation is central to Xylem's strategy, exemplified by projects like Reuse Brew in Germany, showcasing modern water reuse technologies [5] - By 2024, Xylem is projected to generate $8.56 billion in revenue, with a diversified geographic footprint across the U.S., Western Europe, Emerging Markets, and other regions [5] Addressing Global Challenges - The company addresses critical global water challenges, including scarcity, quality, affordability, and resilience, through products and services that improve efficiency, reduce waste, and extend infrastructure life [6] - With strong market leadership and diversified offerings, Xylem represents a compelling investment opportunity in the water technology sector [6]