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Pentair Plc has the Best Relative Performance in the Industrial Machinery Industry (PNR , SWK , FLS , DOV , IR )

By James Quinn

We looked at the Industrial Machinery industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Pentair Plc (NYSE:PNR ) ranks first with a gain of 2.05%; Stanley Black & (NYSE:SWK ) ranks second with a gain of 2.05%; and Flowserve Corp (NYSE:FLS ) ranks third with a gain of 1.74%.

Dover Corp (NYSE:DOV ) follows with a gain of 1.52% and Ingersoll-Rand (NYSE:IR ) rounds out the top five with a gain of 1.20%.

SmarTrend recommended that subscribers consider buying shares of Pentair Plc on October 17th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $38.07. Since that recommendation, shares of Pentair Plc have risen 20.4%. We continue to monitor Pentair Plc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance pentair plc stanley black & flowserve corp dover corp Ingersoll-Rand

Ticker(s): PNR SWK FLS DOV IR