Investopedia: Flowserve Looking To Bookings And Margins

It was just the other day that Reuters ran an article highlighting the risk that a building boom in domestic pipelines could be significantly slowed by a shortage of the enormous heavy-duty valves and pumps that such projects require. That sounds like a pretty healthy backdrop for Flowserve (NYSE:FLS) - a veritable pure-play on fluid handling equipment like pumps and valves. The question for Flowserve investors, though, is how much the company can improve its full-cycle margins and how much is already built into the price.

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