Jeff Lewis
Sat, June 27, 2026 astatine 2:32 PM CDT 2 min read
Rockwell Automation, Inc. (NYSE:ROK) is 1 of the 15 Best AI Stocks That Will Make You Rich successful 10 Years.
On June 23, 2026, Rockwell Automation, Inc. (NYSE:ROK) announced that Cranswick commissioned a caller robotic end-of-line pick-and-place strategy utilizing Autonox Robotics. Cranswick produces millions of "pigs-in-blankets" for the Christmas marketplace each year, and the last signifier of picking sausages from the conveyor loop and placing them into packaging was inactive handled manually. Cranswick commissioned CWM Automation to plan and present a afloat automated system, allowing those employees to determination to much skilled tasks.
On June 16, DA Davidson expert Chris Dankert initiated sum of Rockwell Automation with a Neutral standing and $500 terms target. Dankert said the institution is well-positioned to payment from secular tailwinds, pent-up reshoring activity, and the adoption of autonomy and AI connected the store floor. DA Davidson besides said the shares are already priced successful affirmative estimation revisions, with valuation elevated comparative to past and peers.
Image by drobotdean connected Freepik
Earlier successful June, Rockwell Automation's Board of Directors authorized the institution to walk up to an further $1B to repurchase communal stock. The caller authorization is successful summation to the Sept. 5, 2024, authorization to repurchase $1B worthy of communal stock, of which astir $215M remained arsenic of May 31.
Rockwell Automation, Inc. (NYSE:ROK) provides concern automation and integer translation solutions successful North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
While we admit the imaginable of ROK arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
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