Shares of IDEX Corp. (IEX) hit a new all-time high Wednesday after an analyst said the company's sales will benefit from robust commercial and industrial construction worldwide.
Idex produces pumps, compressors, meters and other engineered products used in commercial and industrial applications. The analyst projected 10 percent growth for the company in 2006, citing strong feedback from industrial contacts, robust order patterns in global industry and an innovative product pipeline. [ more ]
Leave a comment