Top 5 Robotics Stocks to Buy for Long-term Investment

Introduction

The world of robotics is growing rapidly, and it’s changing the way we live our lives. From healthcare to manufacturing, robotics is becoming an integral part of various industries and is expected to play a vital role in the economy. As technology continues to evolve, investors have started to take notice of robotics as a long-term investment opportunity. In this blog article, we will go through the top 5 robotics stocks for long-term investment and understand why investing in these companies can be beneficial.

Top 5 Robotics Stocks to Buy for Long-term Investment

1. Intuitive Surgical

Intuitive Surgical is a company that designs and manufactures robotic surgical systems. It has captured a significant market share in the surgical robotics market and is consistently showing growth potential. According to a report by Statista, the global market of surgical robotics is expected to reach $12.6 billion by 2025. Intuitive Surgical’s flagship product, da Vinci surgical system, has been widely adopted by hospitals and surgeons worldwide. The company’s stock has shown impressive growth, with an average annual return of 32.7% since its IPO in 2000.

2. iRobot

iRobot is a company that designs and manufactures consumer robots. Its flagship product, the Roomba vacuum cleaner, has become increasingly popular, especially during the pandemic when people are spending more time at home. According to a report by Markets and Markets, the global market for consumer robots is expected to reach $24.7 billion by 2025. iRobot’s focus on innovation and expanding its product line has enabled it to maintain a significant market share. The company’s stock has shown impressive growth, with an average annual return of 18.6% since its IPO in 2005.

3. Boston Dynamics

Boston Dynamics is a company that designs and manufactures advanced robots for various industries such as construction, logistics, and manufacturing. Their robots, such as Spot and Atlas, have gained significant attention due to their agility and versatility. The company has received funding from major companies such as Softbank, and its focus on innovation has led to numerous successful partnerships. Boston Dynamic’s parent company, Hyundai Motors, acquired it for $1.1 billion in December 2020. Though it’s not a publicly traded company, its parent company, Hyundai Motors, is, and investors can benefit from its growth.

4. Alphabet (Google)

Alphabet, the parent company of Google, is an investor in various robotics companies such as Boston Dynamics and SCHAFT Inc. Alphabet’s focus on AI and robotics has positioned it as a market leader in this field. Its acquisition of companies such as Deepmind has enabled it to develop sophisticated AI algorithms, which can be integrated into robotics. According to a report by Tractica, the global market for AI and robotics is expected to reach $3.9 billion by 2022. Investing in Alphabet means investors can benefit as AI and robotics continue to evolve.

5. Teradyne

Teradyne is a company that designs and manufactures testing equipment for various industries such as semiconductors, communication, and transportation. Its subsidiary, Universal Robots, designs and manufactures collaborative robots (cobots) that can work alongside humans. Cobots have seen significant adoption in manufacturing due to their ability to perform repetitive tasks and enhance worker safety. According to a report by Markets and Markets, the global collaborative robots market is expected to reach $12.3 billion by 2025. Teradyne’s focus on innovation and expanding its product line has enabled it to maintain a significant market share.

Conclusion

In conclusion, investing in robotics can be beneficial in the long run. The global market for robotics is expected to show strong growth, and investing in the right companies can result in significant returns. Intuitive Surgical, iRobot, Boston Dynamics, Alphabet, and Teradyne are all companies that have shown significant potential for growth and can be considered for long-term investment. As with any investment, investors should do their research and consider their risk tolerance before making any investment decisions.