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Barchart
Barchart
Rashmi Kumari

Is AMETEK Stock Underperforming the Dow?

Ame AMETEK

Based in Berwyn, Pennsylvania, AMETEK, Inc. (AME) manufactures and sells electronic instruments and electromechanical devices. Valued at a market cap of $38.3 billion, the company has evolved from a provider of heavy machinery to a manufacturer of advanced analytical, test, and measurement instrumentation for the energy, aerospace, power, research, medical, and industrial markets.

Companies worth more than $10 billion are generally labeled as “large-cap” stocks, and AMETEK fits this criterion perfectly. The company has expanded through more than 90 acquisitions since 2000, operates in approximately 150 locations across 31 countries, and owns 175 market-leading brands.

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