Emerson Stock Exhibits Strong Prospects Despite Headwinds

Emerson Electric Co. (EMR) is poised to gain from healthy demand across most of its end markets. Solid demand in the process and hybrid industries is boosting underlying sales (up 3% in the fiscal third quarter). The company anticipates sales in the process industry to be robust in fiscal 2024, driven by strength in energy, LNG and power end markets. Also, solid life sciences project momentum in North America, and robust metal and mining activities bode well for the hybrid industry.The company is also benef ...