The Novel Coronavirus has had a terrible effect all across the world. Despite the negative environment, one investing sector that has performed exceptionally well is technology.
Robotics stocks, specifically automation stocks, robotics penny stocks, and robotics company stocks, represent a long-term success path when separated into a bigger segment.
Previously, robotics stocks were seen to be gimmicky inventions. The demand for robotics stocks has risen significantly with the advent of machine learning and automated manufacturing infrastructure.
In the next section, we’ll try to determine whether robots are a wise investment.
Is Investing in Robotics a Good Idea?
The Boston Consulting Group (BCG) predicted that the robots sector would develop faster than anticipated in 2017.
BCG boosted its market revenue prediction for 2025 to $87 billion as a result of growing demand for commercial and consumer automation applications. This could be a modest estimate.
According to Tractica, the robotics penny stock sector would be worth $237 billion by 2022.
Of course, the Novel Coronavirus has had a huge impact on the financial market since then. In the long run, though, the pandemic could prove to be a positive for robotics stocks.
Because robots and automated solutions do not become sick, this is the case. As a result, while humans seek refuge to avoid the deadly infection, robots can continue to work with no oversight.
The great requirement to attract a tech-enhanced workforce is the second element that favours investing in robotics stocks. As a result, the current crisis has resulted in stark societal inequities. Raising the minimum wage is the greatest option. Companies, on the other hand, will be required to comply.
The big question is whether or if the businesses will actually do so. Of course, the answer is no. Instead, I see them making phoney promises to the people while systematically replacing their workforce with robots and computerised systems. In such a case, investing in robotic stocks is the greatest option.
Is robotics a good investment now that you know the answer to your question? Let’s have a look at the best robotics firms in the next section.
Who is the Robotics Industry’s Leader?
The planet is slowly but steadily being taken over by robots. Okay, this isn’t quite correct. They are, nevertheless, becoming increasingly important in practically every industry, from healthcare and manufacturing to defence and education.
Some of the best robotics firms in the United States combine engineering and science to create extremely creative products. Things that humans often perform can be done by robots, but in a far more efficient manner. Robotics are revolutionising the way we work and live, from welding to teaching to vehicle assembly to surgery.
Let’s take a look at some of the top robotics businesses that are paving the way for the future of robotics.
Technology on a Canvas
Canvas was recently acquired by Amazon. Canvas Technology, for example, is a leading robotics company that produces an autonomous robotic cart for use on factory floors and manufacturing plants. It has stereo cameras that provide a full 3D vision from floor to ceiling, sensors that act as “virtual bumpers,” and bright LED lights that alert people to its existence. It collects and transmits real-time data about route times, bottlenecks, and other workplace safety and efficiency issues.
Fast Forward Piaggio
Piaggio Fast Forward is a robotics firm founded by the Piaggio group, which invented the Vespa scooter. Its only purpose is to create lightweight mobility solutions for people and things. Its signature robot, Gita, is a mobile carrier that follows people around and can carry 45 pounds, making it one of the most successful robotics companies. Gita can be used to transport anything from heavy books to groceries between classes.
Sphero is a spherical robot.
Sphero produced the world-famous app-enabled robotic ball that is used to teach via play in classrooms all over the world. The Sphero 2.0, the Sphero Mini, and the app-enabled racing robots Ollie and Darkside have all been introduced by the business. The Sphero Edu app, a hub for programming the company’s robots, and other innovations have helped it become one of the greatest robotics businesses in the United States.
Motion planning, real-time control, collision avoidance, advanced inverse kinematics, 2D navigation, virtual reality, workplace analysis, machine learning, robot remodelling, and more services are available through PickNik.
Barrett makes “advanced robotic manipulators,” which are articulated arms and hands that may be used in a variety of applications. It’s made up of the WAM® Arm, which has “human-like elegance and dexterity.” It also has the BarrettHandTM BH8-series, which aids in grasping a wide range of things. Burt® was created with the goal of offering upper-extremity rehabilitation therapy as well as robotics research.
Now that we’ve looked at a few firms that are at the forefront of robotics technology, we’ll move on to the top robotic stocks that have become hot properties in COVID-19.
1. Rockwell Automation (NYSE:ROK)
Rockwell Automation is one of the most well-known names in the fields of industrial automation and information technology. The good news is that demand for Rockwell Automation has increased slightly since the March lows. Prior to the epidemic, though, the ROK robotic stock was not looking so bright.
Rockwell is well known for its contributions to the industrial Internet of Things (IIoT). It accomplishes this through sensor, system architecture, and control innovation. Rockwell can make the machines “speak” to one other with the use of these technologies. It notifies human managers of critical information, such as when a piece of machinery needs to be serviced.
When it comes to robotics penny stocks, ROK has an established track record. As a result, buying this robotics company’s stock today makes sense!
2. Yaskawa Motors (OTC:YASKY)
Yaskawa is a leader in the field of industrial robots. It accounts for roughly 20% of the total market share. Yaskawa is a Japanese company that specialises in machine control systems. In its most recent fiscal year, however, robots accounted for 34% of sales.
Its machine can be found on factory floors all throughout the world, especially in Asia, where it performs tasks such as packaging, assembling, coating, and arc welding.
The corporation has a long-term strategy called Vision 2025. Yaskawa wants to virtually treble its operating profits from this year’s $305 billion aims by tripling its expected full-year 2015 sales of $3.6 billion. It intends to use its industry experience in the healthcare field. It is attempting to develop robots to assist patients with limited movement. It’s now one of the most popular robotics stocks on the market!
3. ABB (NYSE:ABB)
ABB is divided into four divisions, one of which being Robotics and Discrete Automation. As a result, it is fair to conclude that the corporation is not fully reliant on robotics. However, its robot branch is ranked second in the world, with a strong focus on China.
ABB’s robots are divided into collaborative and industrial robots. Collaborative robots work side by side with humans. They’re made with a minimal payload in mind and inspection purposes in mind. The company’s industrial robots are used in a variety of areas and applications.
ABB has plans to respond to robotics trends such as changing work situations, the need for customization, and digitalization. Europe presently accounts for 51% of the company’s sales. It is, however, largely focused on China. The reason for this is that the country generates 25% of robotics revenue.
4. Siemens AG (NYSE:SI)
Siemens AG generates 31% of its sales from industrial automation, which includes sensor systems, power supply, inspection and vision systems, manufacturing and warehousing systems, and so on. Consumer electronics and transportation systems, as well as health care and hospital products, are all manufactured by the corporation.
It participates in a wide range of activities. They’re a huge hit when it comes to working as a corporation, but they’re not always the best option when it comes to automation and robotics. As a result, it’s a popular choice among automation stocks. Their robotic equities march to a different beat than those of a robotics-only firm. If you want to invest in conglomerates, it could be a good conservative pick for a long-term hold.
5. Toyota (NYSE:TM)
When we think about Toyota, the first thing that comes to mind is cars, not robotic stocks. The automobile, on the other hand, deserves praise for its comprehensive approach to industrial technology and manufacturing efficiency. The business just unveiled its latest innovation, a humanoid robot.
Toyota’s cutting-edge humanoid robot closely resembles the human body. Its adaptable design enables the robot to accomplish tasks that previously could only be performed by humans. Furthermore, Toyota’s humanoid robot functions as a force multiplier, applying pressure to help with the handling of large or bulky things. These humanoid robots may eventually prove to be a boon to manufacturing capacities.
6. iRobot (NASDAQ:IRBT)
iRobot is a firm that specialises in robotic field care. It sells robotic vacuum cleaners, lawnmowers, and mopping robots. The majority of the company’s revenue comes from the United States. It is currently increasing its footprint in APAC and EMEA. Despite the fact that the pandemic is coming, the good news is that IRBT stock is up 52 percent this year.
In comparison to FY2019, the company expects top-line growth of 12 percent to 13 percent this year. When things return to normal, iRobot has the potential to increase by more than 15%. iRobots is, in a nutshell, one of the best robotics stocks to own right now.
7. FLIR Systems (NASDAQ:FLIR)
FLIR Systems, for example, develops critical technology such as thermal imaging cameras with commercial and military uses. It is beneficial to the automation sector. It even creates complex robotic platforms for military and law enforcement applications.
You can deploy robots to the hot zones first, and then our troops may safely carry out their duties. Furthermore, FLIR’s robots aid in the de-escalation of potentially explosive situations. The company’s life-saving technologies could be a compelling argument to invest in FLIR stock. As a result, it is one of the greatest automation stocks in the United States.
8. Cyberdyne (OTCMKTS:CYBQY)
Cyberdyne’s ultimate goal is to use machine learning and artificial intelligence to help people with disabilities. This is yet another outstanding robotic stock investment. Cyberdyne’s Hybrid Assisted Limb platform was developed (HAL). Cyberdyne uses this equipment to help individuals recover from injuries or medical issues return to their daily life as quickly as possible.
The benefit of HAL is that it not only provides physical aid to its wearers, but it also notifies them whether their body movements are flawless. HAL uses actual data from accurate motions and postures to speed up a patient’s rehabilitation.
The CYBQY stock’s biggest flaw is its over-the-counter security, which is extremely volatile. However, in the post-COVID age, this company’s volatility could make it a surprise winner.
9. Kraken Robotics (OTCMKTS:KRKNF)
Kraven Robotics is possibly one of the most dangerous robotics stocks on this list. This robotics stock, like Cyberdyne, is traded on the over-the-counter market. I’d like to emphasise that Kraken is purely hypothetical. When it comes to KRKNF stock, you should treat it as if it were a lottery ticket. It is, nonetheless, pretty intriguing. Kraken is a marine technology company that creates superior underwater sensors for unmanned vehicles. It has far-reaching consequences for civilian research.
The military applications are the thing that interests me the most. Kraken was awarded a contract by the United States Navy to supply sensors for its man-portable Autonomous Underwater Vehicle (AUV) programme in 2019. During that time, the stock grew in strength before plummeting. It was, however, in the past. The US Navy’s objective today is to manage contested waterways as a result of global tensions with China.
10. KION Group is ranked tenth (OTC:KGX.F)
KION, a German firm, is not well-known in the United States. It is, however, the world’s second-largest provider of industrial trucks (forklifts) and the market leader in Europe. Thanks to its Dematic division, it is also the world’s leading supply chain automation solutions firm.
It is a prominent player in warehouse automation growth due to its lethal combination of industrial trucks and supply chain solutions (automation). Given that the industrial trucks segment accounts for 74% of KION’s global revenue, it’s safe to argue that the company’s growth is heavily reliant on the European industrial economy.
However, supply chain automation and robots account for a large portion of KION’s growth in the United States. As a result, getting a good deal on these robotic stocks is not a bad combo. So, what are your thoughts?
Lastly, I’d like to express my gratitude to all of you who have taken the time to
Here it is: a complete list of the best robotics stocks to buy right now. I hope you find this article’s contents beneficial.