Fortive Stock: Is FTV Underperforming the Technology Sector?
Fortive (FTV) stock is currently trading 35% below its 52-week high, despite a 12.8% gain over the past three months. While it has outperformed the Technology Select Sector SPDR Fund (XLK) in the short term, FTV's longer-term performance shows a significant decline year-to-date and over the past year, underperforming XLK. Analysts generally rate FTV as a "Hold" with a modest upside potential.
https://www.inkl.com/news/fortive-stock-is-ftv-underperforming-the-technology-sector-de2ca142-a53d-4ff2-80db-9251ba5f0861