Robotics is a branch of technology that has its roots in the quest to improve human life, not to replace people. Robots can automate menial chores, allowing us to devote our time and energy elsewhere.
Recent advances have pushed businesses to implement automation methods, and projections indicate that the worldwide use of robots is picking up speed.
From 2020 to 2025, global expenditures may increase by 100%, reaching over $210 billion. As a result, robots companies’ stocks may be a good investment option in the future.
This list features the five most promising robotics stocks right now. All figures in the tables below and the market performance metrics above are current as of June 3, 2022.
Zebra Technologies
The automation industry has known Zebra Technologies for quite some time. The business creates portable computers to aid workers in their daily tasks. Zebra’s robotics-enhanced computers improve efficiency and productivity in various industries, including retail, warehouse, healthcare, and banking.
The firm produces a diverse range of goods. For example, specifically crafted handhelds for the office convey important information, barcode scanners with machine vision and AI aid in automating operations, and interactive kiosks improve the customer service experience. Zebra may have been around for a while, but its success has endured.
As more and more of Zebra’s business partners throughout the economy seek out robotics-driven solutions for their workforce, the company’s sales and profits have been on the rise.
Hollysys Automation Technologies Ltd.
Hollysys Automation Technologies is an IT and automation solutions provider headquartered in China. Industry, transportation, medicine, the energy sector, and regulatory agencies use the firm’s automation solutions. Financial data for Q3 FY 2022, the three months ending March 31, 2022, were released by Hollysys in late April.
Despite a 41.7% increase in sales over the prior-year quarter, the company’s net income attributable to shareholders decreased by 0.2%. The revenue growth rate was outpaced by the growth in the cost of generating that revenue, reducing the net income.
ABB Ltd.
The Swiss company ABB specializes in electric and automated systems. Robotics, equipment, process automation, and power systems are all available in this business. In late March, ABB revealed that its board of directors had authorized a new share buyback program with a maximum value of $3 billion.
After the last buyback program ended 12 months ago, the business repurchased around $3.1 billion shares under the current program.
Teradyne
Teradyne creates machinery for factories that can do mundane jobs automatically. Electronic product testing is a laborious and time-consuming process that is essential to ensuring the quality of the finished product. Robots from Teradyne may reduce the need for human testers, shorten the time it takes to verify that a product has passed muster, and improve the reliability of the devices that must be tested before they are sent.
The semiconductor, automotive, aerospace, and military industries rely on this robotics business as a trusted collaborator. Though it’s behind-the-scenes in automation, Teradyne’s contributions may be seen in a wide variety of consumer electronics, industrial gear, and technological services (5G mobile networks, for example). They are an industry leader in robotic equipment and automation systems.
Omnicell, Inc.
Healthcare organizations and pharmacies may benefit from Omnicell’s drug management solutions and adherence tools. Better drug management is the goal of the company’s automated and analytics-based solutions. In April, Omnicell released its Q1 FY 2022 financial figures, covering the three months ending on March 31, 2022. Even though revenues increased by 26.6% over the prior-year period, net income was down 41.9%.
The net profitability for the quarter was negatively impacted by an increase in operating expenditures that exceeded the growth in revenue.
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