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With a market cap of $13.1 billion, IDEX Corporation (IEX) is an Illinois-based industrial company that makes mission-critical fluidics systems, pumps, and safety equipment. It operates in niche markets like life sciences, fire & rescue, and precision engineering.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and IDEX fits this criterion perfectly. Known for its decentralized structure and strong innovation culture, IDEX serves global industries with reliable, high-margin products. It recently acquired Mott Corporation to expand in the biotech and semiconductor markets.