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With a market cap of $29.8 billion, Xylem Inc. (XYL) is a global water technology company that designs, manufactures, and services engineered products and solutions for water, wastewater, and fluid-handling systems. The company operates through four segments: Water Infrastructure, Applied Water, Measurement and Control Solutions, and Water Solutions and Services, serving utility, industrial, and residential and commercial building markets worldwide.
Companies valued at $10 billion or more are generally considered "large-cap" stocks, and Xylem fits this criterion perfectly. Its portfolio includes pumps, filtration and treatment equipment, smart meters, sensors, analytics software, and monitoring systems offered under multiple brands such as Flygt, Goulds Water Technology, Sensus, and YSI.
