Goldman Sachs expects Nvidia ’beat and raise,’ lifts price target to $240
Investing.com -- In the dynamic multi-industry sector, several companies are standing out for their growth potential and strategic positioning.
RBC Capital Markets has identified key players that demonstrate strong fundamentals and promising outlooks despite varying market conditions. Here’s a closer look at the top performers in this diverse sector.
nVent Electric (NYSE:NVT) leads the pack with an attractive setup for potential upside in both organic and acquisition-driven sales.
The integrations of Trachte and Avail EPG are tracking above initial expectations, positioning the company for continued growth. nVent’s first-quarter with Trachte folded into organic numbers and the first full quarter of Avail EPG in financial statements shows promising results.
The company’s datacenter orders grew 50%-70% year-over-year in the first half of 2025, with potential for some sequential adjustment mainly due to timing.
RBC expects nVent could boost its 2025 cash EPS guidance from $3.22-$3.30 to $3.28-$3.32, with organic sales guidance potentially rising from 8%-10% to 9%-10%.
nVent (NYSE:NVT) - Outperform, $117 Price Target
Strong datacenter growth continues to drive performance, with stable industrial markets and only slightly softer commercial/residential segments. The company has outperformed SMID-cap peers by 110 basis points over the past three weeks and by 31.5 percentage points year-to-date.
nVent Electric reported second-quarter 2025 results that surpassed expectations, with adjusted earnings of $0.86 per share and revenue of $963 million.
The company also announced expansions of its manufacturing capacity in West Virginia and Minnesota to meet growing demand for its data center solutions.
Flowserve (NYSE:FLS) - Outperform, $66 Price Target
Expected to maintain its streak of $1+ billion orders with continued booking momentum in nuclear. The company’s 80-20/self-help strategy should drive further margin improvements.
Despite terminating its merger with Chart Industries, Flowserve received a $266 million break-up fee and established a subsequent supply agreement with Chart that offers potential upside.
Flowserve announced second-quarter 2025 results, reporting revenue of $1.2 billion and a 25% year-over-year increase in adjusted earnings per share to $0.91, alongside a 260 basis point expansion in adjusted gross margins.
Xylem (NYSE:XYL) - Outperform, $169 Price Target
As the largest global water technology solutions provider, Xylem offers scarcity value and sustainability appeal. The company is well-positioned in the emerging PFAS remediation market and is realizing value creation opportunities from its May 2023 $7.5 billion acquisition of Evoqua.
Management’s 80/20 implementation targets a 300 basis point increase in margins through 2027.
In recent news, Xylem reported strong third-quarter 2025 financial results, posting revenue of $2.3 billion and an earnings per share of $1.37, both of which surpassed analyst forecasts.
AMETEK (NYSE:AME) - Outperform, $212 Price Target
Considered one of the premier Multi-Industry compounders with steady organic revenue growth and accretive acquisitions. AMETEK ranks among the highest earnings quality companies in RBC’s coverage for the last decade, with sector-best 5-year +24% EBIT and +110% free cash flow conversion.
The company’s focus on medium-tech businesses in niche markets creates effective barriers to entry.
AMETEK posted second-quarter 2025 earnings of $1.78 per share on revenue of $1.78 billion, exceeding expectations. The company also saw its credit outlook revised to positive by S&P Global Ratings, while TD Cowen upgraded its rating to Hold from Sell.
Carrier (NYSE:CARR) - Outperform, $75 Price Target
Following five major divestitures to exit Fire and Security during 2024, Carrier has become a streamlined top-3 global HVAC pure-play. Despite challenges with its $14.2 billion Viessmann acquisition and residential market weakness, the company expects to double its datacenter revenues in 2025.
Carrier anticipates generating $15 billion in free cash flow over the next 3-5 years for new product investments and targeted acquisitions.
A recent update shows Carrier Global reported third-quarter 2025 earnings that beat market expectations, with an adjusted EPS of $0.67 on revenue of $5.6 billion.
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