Investopedia: How Much Is Already In The Pipeline With Flowserve?

One of the realities of the stock market that frustrates less experienced investors is that the Street often foresees growth well ahead of its appearance in the financials ... and when it shows up, the stock is already generously priced. That looks to be a risk with Flowserve (NYSE:FLS) these days. While this industrial company is well-positioned to benefit from ongoing capital spending in oil and gas, power and chemicals, to say nothing of future projects in water, the current valuation already presupposes quite a lot of future business.

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