Premium industrial goods company Emerson Electric Co.’s EMR operating segment, Emerson Process Management, recently launched the CSI 6500 ATG protection system. It is a unique machinery protection solution that would help users ensure cost-effective prediction monitoring of crucial assets.
The new CSI 6500 ATG protection system has predictive intelligence as a primary component, which will help enhance the reliability of plant assets. The multifunctional cards within the system can be configured for a varied range of measurements, including the peak-to-peak data utilized in Emerson Electric’s PeakVue technology. Moreover, with the PeakVue technology, users will be able to identity the initial signs of errors in bearings and gearboxes.
Emerson Electric is a diversified global manufacturing and technology company. The firm offers a wide range of products and services for industries like process management, climate technologies, network power, storage solutions, professional tools, appliance solutions, motor technologies and industrial automation. The company’s Process Management division provides intelligent control systems & software, measurement instruments and valves in the market. We believe the new system would not only boost the company’s innovation-driven growth trajectory but also help augment its brand value in the global forum.
Why a Zacks Rank #4 (Sell)?
Troubled by certain issues in business, Emerson Electric currently carries a Zacks Rank #4. Reduction of customer expenditure in the oil & gas market and appreciation of the U.S. currency had adversely affected the company’s earnings and revenues in second-quarter fiscal 2015. Moreover, the company anticipates these issues to persist and continue affecting its financials in the upcoming quarters.
Stocks to Consider
Better-ranked stocks in the industry include Energous Corporation WATT, Powell Industries, Inc. POWL and ACCO Brands Corporation ACCO. While ACCO Brands sports a Zacks Rank #1 (Strong Buy), both Energous Corporation and Powell Industries hold a Zacks Rank #2 (Buy).
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