Rockwell Automation (ROK) Helps Cranswick Automate Packaging System

Rockwell Automation, Inc. (NYSE:ROK) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years.

On June 23, 2026, Rockwell Automation, Inc. (NYSE:ROK) announced that Cranswick commissioned a new robotic end-of-line pick-and-place system using Autonox Robotics. Cranswick produces millions of “pigs-in-blankets” for the Christmas market each year, and the final stage of picking sausages from the conveyor belt and placing them into packaging was still handled manually. Cranswick commissioned CWM Automation to design and deliver a fully automated system, allowing those employees to move to more skilled tasks.

On June 16, DA Davidson analyst Chris Dankert initiated coverage of Rockwell Automation with a Neutral rating and $500 price target. Dankert said the company is well-positioned to benefit from secular tailwinds, pent-up reshoring activity, and the adoption of autonomy and AI on the shop floor. DA Davidson also said the shares are already priced in positive estimate revisions, with valuation elevated relative to history and peers.

Rockwell Automation (ROK) Helps Cranswick Automate Packaging System

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Earlier in June, Rockwell Automation’s Board of Directors authorized the company to spend up to an additional $1B to repurchase common stock. The new authorization is in addition to the Sept. 5, 2024, authorization to repurchase $1B worth of common stock, of which about $215M remained as of May 31.

Rockwell Automation, Inc. (NYSE:ROK) provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

While we acknowledge the risk and potential of ROK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ROK and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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