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This Large-Cap Growth Stock Is Turning Into a No-Brainer


Fortive Corporation (NYSE: FTV) is far from being a household name, but that shouldn't deter investors from looking at this engineered products company more closely. There's a lot to like, and it seems a good value for long-term investors.

In fact, Wall Street's consensus price target for this large-cap growth stock stands at $74.29, implying nearly 18% upside potential to its current price. Let's see why.

Having said it's not a household name, it's probably a good idea to introduce the company. Fortive operates three segments. The largest, with $237 million in operating profit in the first half of 2022, is intelligent operating solutions. The segment also offers instrumentation, sensors, software, and services to help customers with their everyday workflow environment. Its primary business is Fluke Corporation, a professional electronic test tools and software provider sold across a range of industrial sectors. 

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Source Fool.com

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