Xylem Inc. (XYL) is a water technology company with a market cap of $33.5 billion, operating in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. XYL shares have dropped 2.4% from the 52-week high but are up 11.6% in the past three months, outperforming the industry index.

XYL stock has climbed 9.2% in the past 52 weeks and is up 22.2% YTD, trading above its moving averages since May, signaling an uptrend. After reporting Q2 results, XYL shares surged 10.7%, beating estimates with adjusted EPS of $1.26 on revenue of $2.3 billion.

The stock has a consensus rating of “Moderate Buy” from 20 analysts, with a mean price target of $160.40, suggesting a 13.1% potential upside. XYL has outperformed its rival, Ingersoll Rand Inc., with IR stock dropping 10.4% YTD. XYL’s strong financial performance and growth projections make it an attractive investment option.

Read more at Yahoo Finance: How Is Xylem’s Stock Performance Compared to Other Water Stocks?