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Valued at a market cap of $31.2 billion, Xylem Inc. (XYL) is a global water technology company that specializes in developing innovative solutions for water-related challenges. The Washington, District Of Columbia-based company’s portfolio includes well-known brands like Flygt, Sensus, Goulds Water Technology, and YSI, which serve a wide range of industries including municipal, industrial, agricultural, and residential sectors.
Shares of this water technology company have lagged behind the broader market over the past 52 weeks. XYL has declined 10.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.5%. However, on a YTD basis, the stock is up 10.4%, outpacing SPX’s 1.3% rise.