Ametek (AME) is an odd, not-so-little industrial company. Although it produces over $3 billion a year in revenue, it's not widely followed by large investment banks (though it does have plenty of institutional ownership). It's also an unusual company in that management is content to focus on product innovation in niche businesses and stay concentrated on a component-oriented business model. While the shares are not especially cheap today, this looks like a classic example of a stock to put on a watch list in hopes of taking advantage of a future pullback.
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Ametek Deserves Its Premium