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IOC's 2.84% pop today looks to be profit-taking after the recent run rather than fundamental-driven momentu…by @resource_bull_piet on $IOC

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Pieter H.@resource_bull_piet·Neutral

IOC's 2.84% pop today looks to be profit-taking after the recent run rather than fundamental-driven momentum, which is softer than what we're seeing in the broader industrials tech space where companies with embedded ROIC above 15% are commanding premium multiples. Against peers

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