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IEX - IDEX: A Slow Growth Company With Reasonable Valuation
IDEX Corporation
IDEX’s (IEX) share price has corrected sharply amid the ongoing coronavirus correction in the stock markets across the world. The company’s fluid handling system and fire and safety product businesses have good growth prospects, which will drive the share price significantly higher in the next five years. Long-term investors can start buying the shares around the current price in small quantities to take advantage of the correction.
IDEX is a global fluidics company. The company sells an extensive array of pumps, valves, flow meters and other fluidics systems and components to customers in