Shares jumped nearly 9% on Tuesday to a record high after CEO Blake Moret said demand was being driven by the data-centre boom and warehouse automation.
The stock has risen almost 72% over the past year, making the industrial group a fresh focus for CNBC's coverage of companies benefiting from expanding AI-linked infrastructure spending.
The update came as the S&P 500 reached another record and investors prepared for more earnings, including Uber, Disney and Arm, alongside mortgage application data and Friday's US jobs report.
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