Rockwell Automation(US:ROK) ZACKS·2025-05-19 17:06Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Rockwell Automation (ROK) - Rockwell Automation currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Performance Metrics - ROK shares have increased by 4.83% over the past week, outperforming the Zacks Electronics - Miscellaneous Products industry, which rose by 2.32% [5] - Over the past month, ROK's price change is 33.04%, significantly higher than the industry's 11.79% [5] - In the last quarter, ROK shares rose by 4.68%, and over the past year, they gained 14.56%, while the S&P 500 saw movements of -2.26% and 13.85%, respectively [6] Trading Volume - ROK's average 20-day trading volume is 1,054,532 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 6 earnings estimates for ROK have been revised upwards, while only 1 has been revised down, leading to an increase in the consensus estimate from $9.38 to $9.64 [9] - For the next fiscal year, 7 estimates have moved higher, with only 1 downward revision [9] Conclusion - Given the strong performance metrics and positive earnings outlook, ROK is identified as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]