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Emerson Electric Catches an Upgrade Because It’s a Hydrogen Stock

Por: MarketWatch Business March 21, 2023

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Emerson stock rose 2.1% to $83.96 in recent Tuesday trading. The and were up 0.7% and 0.5%, respectively. Pokrzywinski sees new hydrogen business eventually improving revenue growth rates at Emerson by about 2% a year on average. Currently, Wall Street expects Emerson to grow sales between 4% and 5% a year for the next couple of years, in line with the overall industrial economy. Using hydrogen to power trucks and other industrial processes is... + full article



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