Artificial intelligence (AI) may be the hottest story in markets today, but its most powerful effects are only beginning to spill over into robotics. Over the next five to 10 years, AI-driven machines are expected to reshape daily life -- robots performing delicate surgeries, fleets managing warehouses, autonomous vehicles moving goods, and delivery bots navigating sidewalks.
Motion & Control Industry Veteran Brings Deep Knowledge of High-Performance Teams and a Proven Track Record of Success in Public Company Operations Motion & Control Industry Veteran Brings Deep Knowledge of High-Performance Teams and a Proven Track Record of Success in Public Company Operations
Investors have been looking at robotics companies for several decades. But artificial intelligence (AI) is taking robotics beyond basic automation by bringing more precision, flexibility, and adaptability into the sector.
This is a look at five stocks to consider buying before November. No, there isn't a major election cycle, but these high short-interest names have bullish market fundamentals and are expected to report their Q3 results in November.
Outside of the Walmart ASR acquisition, Symbotic's Q3 results were soft. Weak system starts were attributed to delays from the introduction of a new storage system. It is unclear why this wasn't implemented in a non-disruptive manner though. Symbotic's valuation is excessive given the company's lumpy, low-margin revenue and modest success outside of Walmart.
Symbotic (SYM -3.84%) stock has gone ballistic. A stunning rally of 38.9% in July drove the stock's half-yearly performance to a staggering 127.5%, according to data provided by S&P Global Market Intelligence.
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