Want to cash in on the boom in robots? Analyst names 3 stocks to play the trend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 23 2024
0mins
Source: CNBC
Robots in Arc Welding: Research firm Bernstein highlights a significant growth opportunity in the arc welding segment of robotics, which accounts for 10% to 20% of annual robot shipments and is crucial across various industries such as construction and automotive manufacturing.
Investment Opportunities: Bernstein identifies promising stocks in the robotic ecosystem, including Shenzhen Inovance Technology, Hikrobot, and Keyence, predicting substantial price increases and emphasizing their potential benefits from the ongoing advancements in smart welding technology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
