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Trump's "Make America Great Again" Promise Is Already a Boon for This Favorite

We don't follow Wall Street's lead, but we love it when it follows ours.

Recently, JPMorgan Chase & Co. (NYSE: JPM) upgraded its rating for water-equipment company - and Private Briefingfavorite - Pentair PLC (NYSE:PNR) from "Neutral" to "Overweight."

Because President Donald Trump promises to spend so much - up to a $1 trillion - on infrastructure improvements, Wall Street is finally starting to wake to the real potential in Pentair.

But the truth is, this Minneapolis-based company is going to benefit regardless of whether Trump's "Make America Great Again" infrastructure plans get through Congress or not.

Pentair manufacturers a wide variety of products for the energy, agricultural, and industrial sectors.

But its main bailiwick is water.

  1. eewojo | January 22, 2017

    Trump has vowed to fight the exit of American firms to tax havens. What impact will Pentair's foreign corporate status have in a Buy American world of Trump?

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