ITT Stock Exhibits Strong Prospects Despite Increasing Costs

ITT Inc. (ITT) ITT is benefiting from strength across its segments. The IP segment is gaining from growth in pump projects in the energy, mining and decarbonization markets. Strength in the general industrial end market is aiding the segment's aftermarket business. The acquisition of Svanehøj also bodes well for the segment. Growth in component and connector sales within the aerospace and defense markets is aiding the CCT segment. The acquisition of Micro Mode augurs well for the segment. Solid momentum in ...