
NYSE:ROK
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
Rokwell is a $31.9B company that pays a dividend of 1.7%, has grown its sales decently over the past several years, but has shown good margin expansion.
We like the industry that the company operates in.
It has been using free cash to repurchase shares and pay down debt, and thereby strengthening its balance sheet position.
We think that the company is heading in the right direction and we would be comfortable owning this name today. Unlock Premium - Try 5i Free
An industrial company, so it tends to find its peak period of seasonal strength between late September through to mid February. The gains during this period are quite phenomenal at about 22% on average over the past 20 years. Technicals are still positive, and it is still outperforming the market. He has $157 as the support. If it breaks that point, then you want to think about reducing your exposure. You should enter this closer to the period of seasonal strength in September.
Uptrend suggesting good time to buy.
Very good performing stock.