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Barchart
Barchart
Kritika Sarmah

Is Fortive Stock Underperforming the Dow?

Fortive FTV

Valued at a market cap of $16.5 billion, Fortive Corporation (FTV) is a diversified industrial technology company that designs, develops, manufactures, and services professional and engineered products, software, and services. The Everett, Washington-based company offers connected workflow solutions that include professional instrumentation, industrial automation, sensing, analytics software, and healthcare workflow tools under notable brands such as Fluke, Tektronix, Accruent, ServiceChannel, and Landauer. 

Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and FTV fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the scientific & technical instruments industry. Its portfolio includes well-known brands like Fluke, Industrial Scientific, Accruent, and Gordian, with offerings spanning industrial safety, productivity software, facility management, and healthcare compliance solutions.

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