Topic: How To Invest

Q: Thanks for all your recommendations over the years, Pat. Can I have your advice on Pentair?

Article Excerpt

A: Pentair plc, $53.73, symbol PNR on New York (Shares outstanding: 164.5 million; Market cap: $8.7 billion; Manufacturing sector; TSINetwork Rating: Extra Risk;, is a water-focused industrial manufacturing company with two reportable segments: Consumer Solutions, and Industrial & Flow Technologies. These segments offer four main groups of products and services: Pool and spa: Solutions to filter, clean and sanitize water, with remote-controlled automation equipment. Water quality: This unit offers water softeners, home filtration systems and UV disinfecting. Water supply and disposal: Products for residential customers include water supply pumps plus sewage and effluent pumps. Industrial applications: Solutions for a range of water management, treatment, supply and disposal needs across a wide array of industries such as brewery production, food and dairy, fire protection and industrial spraying. On April 30, 2018, Pentair completed the spinoff of its electrical unit, nVent Electric plc. Investors received one nVent share for each Pentair share they held. Following the spinoff, Pentair now focuses on its water-related…