Five industrial stocks for dividend investors to buy tap technology trends and give exposure to artificial intelligence (AI), cloud computing, software and automation advances. The five industrial stocks for dividend investors to buy also are aided by technology advances that should allow quickened growth and enhanced capability for the companies to respond to marketplace changes, compared to their competitors. Such technologically advanced industrial companies are gaining praise from BofA Global Research
Emerson Electric Co. (NYSE: EMR) offers automation and control software through its DeltaV control applications, operations management software with its Plantweb product and vertical-specific software from its Bio-G in Life Sciences business, BofA wrote. Charlotte, North Carolina-based Honeywell International Inc. (NASAQ: HON), a provider of aerospace, building technologies, performance materials and technologies, along with safety and productivity solutions, also is recommended by BofA. Rockwell Automation Inc. (NYSE: ROK), a Milwaukee, Wisconsin-based provider of industrial automation and information technology, features brands such as Allen-Bradley and Factory Talk software. Everett, Washington-based Fortive Corporation (NYSE: FTV), a diversified industrial technology conglomerate that was spun off from Danaher in July 2016, gained a recommendation from BoA as a provider of technologies for connected workflow solutions across a range of markets.Raleigh, North Carolina-based Vontier Corp. (NYSE: VNT) is providing its customer base with software offerings that, among other things, aid gas stations by supplying electric vehicle (EV) charging networks.
Source: Dividend Investor
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