Valued at a market capitalization of $15.5 billion, IDEX Corporation (IEX) is a diversified industrial technology company that designs and manufactures highly engineered, mission-critical components and systems for niche markets. Headquartered in Northbrook, Illinois, the company operates through more than 50 specialized businesses worldwide and serves industries such as life sciences, water, energy, fire & safety, aerospace, chemical processing, and medical technology.
IDEX stock is up 17.6% over the past year and is up 18.7% year-to-date. In contrast, the S&P 500 Index ($SPX) has gained 29.6% and 9.8% over the same periods, respectively.