Regal Rexnord Corporation (NYSE: RRX) is highlighted as one of the best breakout stocks to invest in, with Barclays raising its price target to $165. The company reports robust order growth, especially in data centers, medical sectors, and automation. Regal Rexnord expects its data center business to double in the next two years.

CEO Louis Pinkham shares Regal Rexnord’s focus on growth in humanoid orders and the aerospace segment. The company has a $100 million bid pipeline for humanoid-related orders, positioning it for increasing demand. With a strategic focus on aerospace, Regal Rexnord’s business includes products like servo motors, actuators, and bearings.

Regal Rexnord Corporation (NYSE: RRX) specializes in manufacturing and providing engineered solutions for motion control across various industries. It offers products such as electric motors, power transmission components, and automation controls for industrial, commercial, aerospace, and energy markets. While RRX presents investment potential, some believe certain AI stocks offer greater upside and lower risk.

For more insights on potential investments, check out Insider Monkey’s reports on the 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying and Goldman Sachs Penny Stocks: Top 12 Stock Picks. This article is originally published on Insider Monkey and does not disclose any affiliations.

Read more at Yahoo Finance: Barclays Lifts Regal Rexnord Corporation (RRX) Price Target amid Robust Order Growth