11 Best Industrial Stocks to Buy Right Now

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7. Rockwell Automation, Inc. (NYSE:ROK)

Year to Date Return as of June 20: 14.56%

Number of Hedge Fund Holders: 46

Rockwell Automation Inc. (NYSE:ROK) is one of the 11 best industrial stocks to buy right now. On June 17, the company marked a significant milestone in industrial control architecture with the launch of the PointMax I/O system.

The new system addresses significant challenges in manufacturing, the key being the need for flexible control systems that can adapt to changing production requirements. By integrating with Logix 5000 controllers, the PointMax I/O system can simplify device connectivity.

The system can also enhance maintenance capabilities and provide manufacturers with greater control. The system is designed for new machine builds and existing equipment, which suits the demand for fast-paced manufacturing operations.

“Customers are looking for smarter, more adaptable solutions that remove friction from system design and maintenance,” says Rockwell Automation’s product manager, Karthikeyan Mahalingam. “PointMax I/O delivers on that need by offering a simpler way to connect devices, gather insights and keep operations running smoothly. It’s about giving manufacturers more control and fewer constraints as they scale.”

Rockwell Automation Inc. (NYSE:ROK) is a global leader in industrial automation and digital transformation. It provides solutions that help manufacturers optimize operations, increase efficiency, and enhance process control. This includes various products and services, from control systems and software to consulting and integration services.

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