Reported 2 days ago
AMETEK, Inc. (AME), a large-cap industrial technology company, has seen its stock drop 5.5% from a 52-week high, underperforming the Nasdaq Composite, which rose 11% in the same period. While AMETEK reported strong Q2 earnings and raised its EPS guidance, its shares have only gained 4% over the past year, compared to Nasdaq's 28.6% increase. Rivals like Rockwell Automation have significantly outperformed AMETEK, highlighting its struggle to keep pace in the market.
Source: YAHOO