Both in Oil & Gas Field Equipment

Innovex International vs Forum Energy Technologies

Over the past year INVX returned +39.9% and FET returned +217.2%; their daily moves had a correlation of 0.61.

INVX +39.9% FET +217.2%Growth of $1, one year, split-adjusted
MetricINVXFET
Price$28.08$84.94
Market cap$1.96B$974.5M
Today−6.40%−4.30%
1 month+2.0%+3.2%
6 months+1.4%+44.6%
Year to date+28.4%+129.9%
1 year+33.0%+164.4%
Revenue growth (YoY)+9.2%+20.7%
Gross margin34.2%31.4%
Net margin10.2%4.7%
P/E (TTM)31.9×32.3×
Price / sales2.0×1.1×
Net cash$197.0M-$92.5M
Dividend yield——
Volatility (60d)45.2%45.3%
Short % of float6.6%4.7%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).