NEW YORK, Jan. 23, 2012 /PRNewswire/ -- Rockwell Automation (NYSE: ROK: $81) has been picked by S&P Capital IQ as its Focus Stock of the Week. ROK carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.
"We expect that growth in the market for automation equipment will outpace growth in global GDP by one or two percentage points going forward," said Richard Tortoriello, equity analyst at S&P Capital IQ. "We also view emerging markets as a significant driver of company results."
Tortoriello sees strong execution at Rockwell and also believes that the company's research and development has aided organic revenue growth. "We also see Rockwell benefiting from operating leverage as sales volume increases," said Mr. Tortoriello.
To view a video of Mr. Tortoriello discussing ROK paste the following link into your browser.
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