10 Stocks That Will Change the World

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10. Rockwell Automation Inc. (NYSE:ROK)

Number of Hedge Fund Holders In Q1 2024: 39

Rockwell Automation Inc. (NYSE:ROK) is a sizeable American industrial machinery company with some exposure to robotics. However, it isn’t part of Morgan Stanley’s Humanoid 66 list of firms that benefit from humanoid robots, and the stock is also down by 14% over the past twelve months. As part of our research for this piece, out of the multiple media reports we analyzed for the top robotics stocks, Rockwell Automation Inc. (NYSE:ROK) was present in only one – the lowest for all the robotics stocks in last year’s list. Rockwell Automation Inc. (NYSE:ROK)’s stock tanked by ~18% in January 2024 when its EPS and revenue of $2.04 and $2 billion missed analyst estimates of $2.64 and $2.1 billion, respectively. The shares were in more trouble in August after the firm continued to struggle and its third quarter profit slipped because of supply chain issues.

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