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These stocks are long-term winners from the automation boom, Citi says

A man takes a picture of a General Electric (GE) engine during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 6, 2018.
Aly Song | Reuters

Some blue chip companies like General Electric, Siemens, and Honeywell are well-positioned to ride the new age automation boom, according to Citi.

The firm gave buy ratings to some of the companies it feels will house the factories of the future, when a confluence of industrial and technology companies take over the automation industry.