When AMETEK (
AMETEK designs and manufactures electronic instruments, electromechanical devices and other products. It specializes in products that demand high precision or accuracy, and these differentiated products help it generate strong margins.
The company's share price has suffered this year because of slowed sales in oil and gas as well as the competitive impact of a higher U.S. dollar (despite having a substantial portion of its operations based outside the U.S.).
Thanks to the slumping share price and ability to consistently grow its earnings, AMETEK currently has a place on the