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Best Relative Performance in the Industrial Machinery Industry Detected in Shares of Colfax Corp (CFX , SWK , FLS , RXN , ITT )

By James Quinn

Below are the top five companies in the Industrial Machinery industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.

Colfax Corp (NYSE:CFX ) ranks first with a gain of 3.59%; Stanley Black & (NYSE:SWK ) ranks second with a gain of 2.43%; and Flowserve Corp (NYSE:FLS ) ranks third with a gain of 2.21%.

Rexnord Corp (NYSE:RXN ) follows with a gain of 1.29% and Itt Inc (NYSE:ITT ) rounds out the top five with a gain of 1.16%.

SmarTrend recommended that subscribers consider buying shares of Flowserve Corp on April 2nd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $46.71. Since that recommendation, shares of Flowserve Corp have risen 6.6%. We continue to monitor Flowserve Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance colfax corp stanley black & flowserve corp rexnord corp itt inc