Emerson Electric: Grid Management, Factory Automation Drive Growth; Initiate With 'Strong Buy'

imaginima After years of divestiture and acquisitions, Emerson (NYSE:EMR) has successfully transitioned into a better-growth industrial technology company with a robust business in software, control, sustainability, decarbonization and energy transitions. I think the company will continue to reap benefits from software & control growth, particular in data center and factory automation markets. On May 8, they released their Q2 FY24 result with a robust growth, raising the full-year guidance. I initiate with ...