Conditions seem to have improved in a big way for industrial conglomerate Roper (NYSE:ROP) in a relatively short time. Not only did Roper beat expectations for the quarter, but the company delivered one of the best results in its sector. Roper is seldom an exceptionally cheap stock, but valuation isn't too demanding and the combination of good order momentum and an active hunt for M&A could lead to a more active 2014 for shareholders.
Delivering The Goods
Roper reported 13% revenue growth for the first quarter, with organic growth of 7%. Although Roper's reported revenue figure was not all that much higher than expected (about 1%), organic growth was about 2% better than expected making this a somewhat...
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