LONDON, January 30, 2013 /PRNewswire/ --
Better fundamentals out of the manufacturing sector are brightening the outlook for the industrial electrical equipment industry. Companies aggressively targeting emerging or energy markets like Rockwell Automation Inc. (NYSE: ROK) and ABB Ltd. (NYSE: ABB) look even better positioned than their peers. StockCall analysts finalized the technical analysis on ABB and Rockwell Automation after the close of the last trading session. Sign up now to download these free reports at http://www.stockcall.com/technicalanalysis
Emerging Markets and Rockwell Automation Rise
The manufacturing sector as a whole is slowly improving but accelerating markets in China and India offer a lot of upside. Assets acquired last year by Rockwell Automation for $83 million have given it even greater access to the Chinese and broader Asian markets. Furthermore, the acquisition of Chinese company Harbin Jiuzhou Electric Co. Ltd.'s assets will allow it to grow its presence in the motor control and power solutions spaces more specifically in the Asia/Pacific region. Register now and download the free report on Rockwell Automation at http://www.StockCall.com/ROK012913.pdf
The company already boasts having key partnerships with the likes of Microsoft and Cisco amongst others, and it has proven to be a highly profitable player in its space. It is now focused on investing in emerging markets so as to achieve growth. The company's CEO commented a few months back that the company has been rebalancing its investments due the slow-paced economy and to create the greatest differentiation moving forward.
Rockwell Automation is set to deliver its earnings report on January 30th before the market opens. In recent weeks, the stock has been on an uptrend, closing near its new recorded 52-week high yesterday.
Energy Market a Boon
The booming natural gas market is also creating numerous opportunities for industrial electrical equippers. Gas-fired power generation facilities keep increasing to the benefit of a variety of equipment suppliers. Automation control technology expert ABB Ltd. [Free Report on ABB] [(1)] could be among several companies to see significant revenue gains if this trend does not slow.
- ABB Ltd. Technical Analysis [ http://www.StockCall.com/ABBLtd012913.pdf ]
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