What happened 

Shares of Rockwell Automation (ROK -1.29%) jumped 10.1% in January, according to data provided by S&P Global Market Intelligence, after an impressive earnings report and improved guidance gave investors a bullish outlook on the future. 

So what 

Fiscal first-quarter 2017 revenue was up 4.5% from a year ago to $1.49 billion, and net income jumped from $185.5 million a year ago to $214.7 million, or $1.65 per share. But it was really full-year guidance that got investors' attention. Management increased growth guidance by a full percentage point, and now expects reported and organic growth of 1% to 5%. On the bottom line, guidance was increased by $0.10 to $5.56 to $5.96 per share.

Man pushing a virtual "automation" button.

Image source: Getty Images.

The macro trends look to be in Rockwell's favor too, especially if the Trump Administration pushes for more domestic production, which would naturally come with a lot of automation. And once oil and gas markets start picking up steam, we could see even more growth in the future. 

Now what 

Automation equipment is going to be a key growth driver of efficiency in the economy, and may be even more necessary if trade barriers start going up around the world. When financials start matching up with that bullish investment thesis, it could be a big driver of stocks like Rockwell long-term. I don't think this will suddenly be a double-digit growth company in the near future, but with these tailwinds and a 2% dividend yield, I think Rockwell Automation is a well positioned stock for the economic trends of the next decade.