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.
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High Expectations Mitigate Some Of Rockwell Automation's Outperformance
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