EMR - Emerson Electric: Grid Management Factory Automation Drive Growth; Initiate With 'Strong Buy'
2024-05-12 10:54:48 ET
Summary
- Emerson Electric has successfully transitioned into a high-growth industrial technology company through active portfolio management and divestitures.
- The company is well-positioned to benefit from growth in the data center market and factory automation.
- EMR's financials and recent results show strong growth, and they have raised full-year guidance.
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Emerson Electric: Grid Management, Factory Automation Drive Growth; Initiate With 'Strong Buy'