Since the emergence of advanced robotics in the 1950s, robots have grabbed creative potential.
For some, the concept of lifelike machines performing human activities is enticing, but
for others, it is unsettling.
Robots can automate routine jobs, freeing up our time for more significant pursuits.
Advancements in recent years have accelerated the adoption of automation processes within
enterprises, and some forecasts indicate that global use of robotics will accelerate.
From 2020 to 2025, global spending might more than treble to approximately $210 billion.
Investing in robotics firm stocks could be a good choice.
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Today we will be speaking about the 10 Robotics Stocks to Buy in 2022.
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Organisations worldwide attempt to automate enterprise activities to increase productivity
and optimise customer satisfaction.
Automation and robotics have streamlined manufacturing, healthcare, information technology, and other
commercial activities.
Many businesses are already partnering with human workers and robotics to replicate tedious
human tasks, speeding up operations and revolutionising business processes.
The need for robotics and automation technology has risen tremendously due to this issue.
Several tech businesses are now developing more complex robotic technology, accelerating
the expansion of this industry and their own.
As a result, robotics stocks fared exceptionally well in 2021.
Here are the 10 Robotics Stocks to Buy in 2022:
Number 10: iRobot Corporation The market capitalisation is USD 1.829 billion.
iRobot is a global consumer robot firm that develops and manufactures robots for professional
and personal use.
Because it integrated artificial intelligence and robotics, iRobot Corporation is one of
the top synthetic intelligence stocks for 2022.
The company's products include floor mappers, vacuum cleaners, and a variety of other self-cleaning
gadgets.
It designs and manufactures robots worldwide, including Roomba, which vacuums floors; Root
teaches students how to code; and Braava, which automatically mops floors.
Number 9: iRhythm Technologies USD 3.454 billion in market capitalisation.
iRhythm is a medical device manufacturer known for its Zio Patch cardiac monitoring system.
Zio is a cutting-edge heart-monitoring technology that improves existing technologies by collecting
more data and facilitating remote monitoring.
Its services are inexpensive and help with early diagnosis and treatment decisions.
According to iRhythm, this fuller data picture enables health care practitioners to employ
big data and machine learning to advance the quality of healthcare for cardiac patients.
Over the last five years, IRTC stock has risen from $25 to a high of $250 as the Zio has
achieved market acceptance.
This year, though, shares have fallen back to roughly $70.
It was owing to fears about Medicare reimbursement reduction and increased competition.
These are all fair issues, yet the stock is now down by two-thirds from its previous high.
It could be an appealing entry point for this market leader in intelligent medical equipment.
Number 8: UiPath, Inc.
Market capitalisation is USD 23.331 billion.
UiPath is a rapidly growing robotics and automation firm.
It provides an end-to-end automated platform.
By combining its RPA solutions with a spectrum of other functions, the company enables its
customers to safely and efficiently scale their digital business operations.
Not all robots are actual machines.
Many live in the virtual world, performing activities on computers and cloud computing
platforms.
UiPath, a pioneer in robotic process automation (RPA), creates and supports software bots
that may be trained to do virtual activities and serve as virtual assistants to human workers.
Although they are not actual machines, UiPath's robots are incredibly efficient when used
for routine office duties like data collecting and form entry, compliance, and customer relationship
management.
According to UiPath, a McKinsey study, the software can automate 60 per cent of manufacturing
activities, 43 per cent of financial services and banking procedures, and 36 per cent of
healthcare tasks.
With its virtual robots, UiPath is at the forefront of automation.
Some may be concerned that RPA would replace jobs, but with many firms dealing with personnel
shortages due to the COVID-19 pandemic, this software start-up is a top applied robotics
investment.
UiPath is approaching $1 billion in annual revenue and is nearing breakeven in terms
of profitability.
As a result, naysayers are correct in claiming that its $26 billion market value is a bit
high for its current operations.
Analysts predict that the company will surpass $1 billion in revenue by 2023, benefiting
from solid sector tailwinds.
Number 7: Teradyne, Inc.
Market capitalisation is USD 26.687 billion.
Teradyne is a multinational manufacturer and distributor of automation equipment for testing
and industrial applications.
The industrial automation segment of the corporation encompasses operations involving the design,
manufacturing, and marketing of robotic arms, autonomous mobile robots, and other technologies.
Teradyne's robotics liberate people from this work, shorten testing-verification time, and
improve device-testing accuracy before a product is delivered.
The robotics company is a preferred semiconductor, automotive, aerospace, and defence firm.
Although it is a behind-the-scenes automation play, Teradyne's work benefits a wide range
of ordinary products, mission-critical machinery, and technology services (such as 5G mobile
networks).
The company is a leader in industrial automation technology and continually evolves its robotic
devices.
Number 6: Zebra Technologies Corporation Market capitalisation is USD 31.933 billion.
Zebra Technologies is a long-standing player in the automation industry.
The company creates mobile computing devices to enable company personnel to perform more
successfully and effectively.
Workers can use Zebra's robotic-enhanced computers to organise and automate their operations.
The firm manufactures a wide range of goods.
Custom workplace handhelds give relevant data, barcode scanners with machine vision and AI
help automate work processes, and interactive kiosks help streamline customer encounters.
Although Zebra has been around for a long time, it has been a long-term growth storey.
As the company's partners in many areas of the economy turn to Zebra for robotics-powered
solutions for their workforce, revenue and profit keep rising.
Number 5: Rockwell Automation Market capitalisation is USD 40.238 billion.
Rockwell Automation is a company that provides solutions for industrial automation and digital
transformation.
Its automation platform products are programmable automation controllers, human-machine interface
products, sensing devices, and many others.
Its technologies, components, and software assist manufacturers in developing more innovative,
more efficient machines.
Rockwell's services and equipment serve various industries, from energy and chemical producers
to food and beverage manufacturers to automobiles.
The sectors that Rockwell assists have been around for a long time and are no longer secular
growth prospects.
On the other hand, Rockwell has steadily expanded its profitability (as measured by free cash
flow) as a pioneer in highly profitable robots and related IT services over the last decade.
Rockwell may stand to gain and reward shareholders with a rising dividend and share repurchases
as its manufacturing partners seek innovative ways to boost productivity.
Number 4: Fanuc Corporation USD 40.82 billion in market capitalisation.
Fanuc is a Japanese conglomerate that manufactures and sells automation equipment and services
such as robotics and computer numerical control wireless systems.
It is the world's foremost manufacturer of industrial robots, with subsidiaries and joint
partnerships with major corporations worldwide.
Number 3: Aptiv PLC USD 44.132 billion in market capitalisation.
It is a multinational technology business with a focus on the automotive industry.
It is a provider of electrical and electronic active safety technology solutions and the
development and manufacturing of automotive components.
Its goods include connector wires, safety restraint systems, pin headers, and other
such items.
Number 2: ABB Ltd.
Market capitalisation is USD 76.013 billion.
ABB is a global technology corporation headquartered in Switzerland that develops technological
solutions for important sectors such as electrification, process automation, motion, robotics, and
discrete automation.
Switches, motors, breakers, generators, software, and much more are among the company's goods.
ABB released financial data for the second quarter of its fiscal year (FY) 2021, which
ended June 30, 2021, in July.
Compared to the previous quarter, net income increased 135.7 per cent, and sales increased
21.0 per cent.
According to the corporation, orders and revenue have improved dramatically from last year's
low levels due to the economic consequences of the COVID-19 outbreak.
Number 1: Intuitive Surgical USD 129.284 billion in market capitalisation.
Intuitive Surgical is a multinational technology business that provides equipment and solutions
for robotic-assisted, minimally invasive surgery.
Its surgical technologies enable surgeons to examine a 3D, high-definition image of
the operative space through an ergonomic console.
Intuitive Surgical is a multinational technology business that provides equipment and solutions
for robotic-assisted, minimally invasive surgery.
The da Vinci surgical system consents doctors to examine a 3D, high-definition (HD) image
of the operating field through an ergonomic interface.
Endoscopes, scalpels, forceps, and other surgical equipment are also available.
Intuitive Surgical reported financial data for the second quarter of the fiscal year
2021, which ended on June 30, 2021, in July.
Compared to the previous quarter, net income attributable to the company's shareholders
increased by 660.6 per cent, while sales increased by 71.8 per cent.
Total revenue cost and operating expenses increased much slower than revenue, increasing
net income.
According to the corporation, the quarter indicated a continued recovery from the previous
year's quarter, which was hampered by the pandemic.
Robots are being used at an unprecedented rate throughout the global economy due to
recent semiconductor and software breakthroughs.
As technology advances, it will change businesses' mode and make the world more efficient.
Remember that robotics is a long-term trend, and investing in stocks in this sector will
take time.
However, potential investment advantages might be substantial for organisations that use
robotics technology best.
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