Emerson Electric Co. EMR yesterday announced that it has entered into a deal with Turnspire Capital Partners to sell its Daniel Measurement and Control business. The divestment deal does not incorporate Daniel’s fiscal transfer system and ultrasonic flowmeter units.The company’s shares gained 1% yesterday to eventually close the trading session at $98.61.Based in New York, Turnspire Capital Partners is an investment management company involved in investing in businesses from various industries.Inside the HeadlinesEmerson’s Daniel Measurement and Control business is engaged in offering flow and energy measurement technologies and services to the natural gas and hydrocarbon industries. Some of the products offered by the business are orifice plates and plate seals, venturi tubes, orifice meter tubes and profiler flow conditioner.The divestment is in sync with Emerson’s strategy of restructuring its business portfolio and concentrating more on core businesses. This will allow the company to efficiently direct resources to data-rich, software-enabled technologies in diverse and growing end markets.The transaction is anticipated to get completed in fiscal 2021 (ending September 2021).Zacks Rank, Price Performance and Estimate TrendThe company with a market capitalization of $59.1 billion, currently carries a Zacks Rank #3 (Hold). It is likely to benefit from strength across its medical, life science, food and beverage, and residential end markets. Also, it is likely to gain from acquisitions it made over time. However, escalating costs and expenses are a major concern for the company.In the past three months, the company’s stock has gained 8.8% compared with the industry’s growth of 6.9%.Image Source: Zacks Investment ResearchThe Zacks Consensus Estimate for Emerson’s earnings is pegged at $3.93 for fiscal 2021 and $4.33 for fiscal 2022 (ending September 2022), reflecting growth of 2.1% and 1.2%, respectively, from the 60-day-ago figures.Stocks to ConsiderSome better-ranked stocks from the same space are A. O. Smith Corporation AOS, Eaton Corporation plc ETN and Franklin Electric Co., Inc. FELE, each carrying a Zacks Rank #2 (Buy) at present. You can the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.A. O. Smith delivered an earnings surprise of 7.14% in the last reported quarter.Eaton delivered an earnings surprise of 15.20% in the last reported quarter.Franklin Electric delivered an earnings surprise of 51.28% in the last reported quarter. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Emerson Electric Co. (EMR): Free Stock Analysis Report Eaton Corporation, PLC (ETN): Free Stock Analysis Report A. O. Smith Corporation (AOS): Free Stock Analysis Report Franklin Electric Co., Inc. (FELE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research