To paraphrase Rockwell Automation’s (NYSE: ROK) CEO, Blake Moret, the company’s home-field advantage ideally positions it to benefit from onshoring U.S. manufacturing. Its manufacturing footprint is North American-centric, with more than 70% located within the continental US. The company is a leader in automation; its products are devices and tools to automate processes and increase efficiency, which businesses and industries need to manufacture domestically and succeed.
[content-module:CompanyOverview|NYSE:ROK]The takeaway is that Rockwell’s business may not grow robustly over the coming years, but it will grow and sustain its capital return, which is critical to the investment.
