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.
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