Rockwell Automation ROK , saw both top line and bottom line year-over-year growth in fiscal first-quarter 2017, surpassing the Zacks Consensus Estimate on both counts. Better-than-expected earnings were driven by higher sales, strong margin performance and lower tax rates. Estimates going forward are rising. Its Momentum score of A and Growth Score of B, help make this a Zacks #1 Strong Buy.
KLA-Tencor Corporation KLAC , is one of the world's leading suppliers of process control and yield management solutions for the semiconductor and related microelectronics industries. A Zacks #2, Buy, stock with a Momentum score of A and Value score of B, this is a major player in each of its served markets. After logging in a recent earnings beat, management guided higher. Another important part of this story is the company has experienced higher revenues and strengthening gross margins on the back of strong demand in the wafer fabrication equipment market.
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