Xylem (XYL) Upgraded to Buy: Here's Why

01:02pm, Thursday, 15'th Jun 2023
Xylem (XYL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--Xylem announces participation at upcoming investor conferences in June 2023.
Xylem's (XYL) acquisition of Evoqua bolsters its position in water technologies, solutions and services, and strengthens its foothold in lucrative end markets.
While strong segmental performance and strong backlogs bode well for Xylem (XYL), rising operating costs are a major headwind.
Profits are down at S&P 500 companies at large. But a few are putting up monster profit gains that seem to have no bounds.
Xylem (XYL) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.47 per share a year ago.
Xylem (XYL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Although the technology may get most of the attention, investors should consider throwing some spare funds at water stocks to buy. With water representing a core commodity for various industries, its
Xylem could be a great long-term bet, and it pays a healthy and growing dividend to boot.
Water treatment and measurement company Xylem is seeing a big backlog of orders. It's in the process of merging with peer Evoqua, and could benefit from rising interest in its industry.
RBC Capital's Deane Dray joins 'Closing Bell Overtime' to share his top picks for the industrial sector, and industrial picks influenced by risk appetite, and GE's portfolio simplification creating ro
WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world's most challenging water issues, will release its first

Here's Why Xylem (XYL) is a Strong Growth Stock

01:45pm, Tuesday, 21'st Mar 2023 Zacks Investment Research
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Here's Why Xylem (XYL) is a Strong Growth Stock

11:28am, Tuesday, 21'st Mar 2023
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With the recent banking sector headwinds spilling over into other segments of the economy, investors may want to seek opportunities with the best water utility stocks to buy. No, utility firms don't r
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