Rockwell Automation Poised At Neutral
We maintain our Neutral recommendation on Rockwell Automation Inc. (NYSE:ROK) given concerns regarding slow macroeconomic growth that overwhelms the company’s positives – strong global market presence, relentless focus on expanding in emerging markets, strong cash flow and a healthy balance sheet. The company retains a Zacks #3 Rank, which implies a Hold recommendation for the short [...]
We maintain our Neutral recommendation on Rockwell Automation Inc. (NYSE:ROK) given concerns regarding slow macroeconomic growth that overwhelms the company’s positives – strong global market presence, relentless focus on expanding in emerging markets, strong cash flow and a healthy balance sheet. The company retains a Zacks #3 Rank, which implies a Hold recommendation for the short term.
Rockwell Automation recently reported fiscal 2011 EPS of $4.80 versus $3.22 in fiscal 2010. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards