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Mon, December 9, 2024

3 Electronics Testing Stocks to Watch From a Prospering Industry


Published on 2024-12-09 12:22:33 - MSN
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  • The Zacks Electronics - Testing Equipment industry has been benefiting from 5G-related growth opportunities, strengthening automation drive and the Industry 4.0 momentum for a while. A strong recovery in the automotive sector,

The article from MSN discusses the thriving electronics testing industry, highlighting three key companies to watch: AMETEK, Inc., Fortive Corporation, and Itron, Inc. AMETEK has shown robust growth with its Electronic Instruments Group, particularly in aerospace, defense, and medical markets, and has a history of surpassing earnings expectations. Fortive, through its segment Advanced Instrumentation & Solutions, has benefited from strong demand in automation and software solutions, with significant earnings growth. Itron focuses on energy and water resource management, experiencing a surge in demand for its smart metering solutions, which has led to an upward revision of its 2023 guidance. The article emphasizes the industry's growth due to increasing automation, IoT, and the need for efficient resource management, making these stocks attractive for investors looking at the electronics testing sector.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/hardware-and-devices/3-electronics-testing-stocks-to-watch-from-a-prospering-industry/ar-AA1vxY9x ]
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