I'm scratching my head. Why is ITT up more than $5 over just the past two weeks? I know the market is experiencing a bit of euphoria of late, but ITT is outperforming similar companies big time. I see no significant ITT news during this time frame. Intelligent responses please. Thanks.
ITT is underappreciated: P/E 10 vs ind 20, Net margin 7.1 vs ind 3.7, ROE 21.9 vs 8.1, D/E 0.2 vs 0.6. It's about time for some recognition. Looking forward, they have been successfully competing for new contracts, and their spaces in defense and water have momentum now and in the future.