Friday, February 8, 2019

High Expectations Mitigate Some Of Rockwell Automation's Outperformance

A lot is expected of Rockwell Automation (ROK), a seemingly perennial favorite in the industrial space, and those high expectations may be the biggest challenge for the company as 2019 looks to be a year of slowing capex investments across a range of industries. Although I think mid-single-digit revenue and free cash flow growth are attainable over the long term, I’m not sure Rockwell’s share price today really reflects the risk of slower spending as 2019 goes on.

Click here for more:
High Expectations Mitigate Some Of Rockwell Automation's Outperformance

No comments: