ITT Inc.: A Still Unknown Beneficiary of Electrification and Global Infrastructure Expansion
Reading Time: 4 minutes
ITT's business model is characterized by its diversification across various end markets and its focus on technologically demanding niche products. This strategy reduces the risk associated with dependency on a single industry. The macroeconomic trends towards electrification and infrastructure expansion offer the company significant tailwinds for the future. ITT Inc. (NYSE: ITT) is not just a pure engineering company, but a diversified industrial firm with three main segments (Motion Technologies, Industrial Process, Connect and Control...
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