Since the emergence of machine learning and automated manufacturing infrastructure, the demand for robotics stocks has risen substantially. Here are the top10 robotics stocks you can buy in 2021.
Rockwell Automation is one of the leaders of industrial automation and information technology. The good news is, Rockwell Automation has seen a modest increase in demand since the March lows. However, the ROK robotic stock was not looking too hot before the pandemic hit the globe. Primarily, Rockwell provides lucrative contributions to the industrial internet of things (IIoT). It does this with its innovation in sensors, system architecture, and controls. With the help of these mechanisms, Rockwell can make the machines "talk" to each other. It alerts the human managers about crucial information, like when a piece of specific machinery requires maintenance. ROK is a proven leader when we talk about robotics penny stocks. Hence, it makes sense to buy this robotics company's stock today.
Yaskawa is one of the leaders in industrial robotics. It consists of approximately 20% of the market share. Japan-based Yaskawa focuses mainly on machine-control systems. However, robotics contributed to 34% of sales in its latest fiscal year. You can find its machine on factory floors across the globe – particularly in Asia, wherein it performs different jobs like packaging, assembly, coating, and arc welding. The company has a Vision 2025 plan. Yaskawa has the objective of doubling its forecast full-year 2015 sale of US$3.6 billion to a nearly triple operating income from this year's US$305 billion goals. It plans to parlay its industrial expertise in the healthcare domain. Wherein it is looking to create robots to aid patients with limited mobility. It has become one of the premier robotics companies in stock today!
ABB has four different businesses, out of which one is its robotics and discrete automation. Hence, it will not be wrong to say that the company is not entirely dependent on robotics. However, its robotics division is number 2 globally, with a tremendous emphasis on China. ABB has bifurcated its robots into collaborative and industrial robots. The collaborative robots function alongside humans. They are designed with low payload and inspection applications in perspective. The industrial robots developed by the company span a wide range of niches and applications. ABB has plans to address robotics trends like the changing nature of labor environments, the urgency to move towards customization and digitalization. The company currently gets 51% of its revenues from Europe. However, it is heavily focused on China. The reason being, 25% of robotics revenues come from the country.
Siemens AG gets 31% of its revenue from factory automation wherein it provides robots in different sectors like sensor systems, power supplies, inspection & vision systems, manufacturing & warehousing systems, etc. The company also manufactures consumer electronics and provides transportation systems coupled with health care and hospital products. It is involved in so many different activities. They are an absolute hot favorite to work as a conglomerate; however, not necessarily the best bet for automation and robotics. This makes it a hot favorite amongst automation stocks. Their robotic stocks move to a different drummer than a company solely dedicated to robotics. It might be an excellent conservative bet for a long-term hold if you wish to invest in conglomerates.
The first thing that comes to mind when we talk about Toyota is cars and not robotic stocks. However, the automaker needs to be given due credit for its holistic approach to industrial technology and manufacturing efficiencies. Recently, the company has come up with its latest innovation – the humanoid robot. Toyota's innovative humanoid robot significantly mimics the human form. Thanks to its flexible design, it allows the robot to perform activities that previously could only be done by human beings. On top of that, Toyota's humanoid robot acts as a force multiplier, exerting pressure to assist in managing heavy or cumbersome objects. With time, these humanoid robots can prove to be a blessing for manufacturing capabilities.
iRobot is a specialized company in the field of robotic field care. It sells floor vacuuming robots, robotic lawnmowers, and mopping robots. The company mostly gets its business from the US. Currently, it is expanding its presence in APAC and EMEA. Even with the pandemic looming largely, the good news is that IRBT stock trended higher by 52% for the current year. In the current year, the company expects 12%-13% top-line growth in comparison to FY2019. Once things are back to normal, iRobot can grow by more than 15%. In short, iRobots is one of the top robotics stocks to hold right now.
Companies like FLIR Systems develop crucial technologies like thermal imaging cameras featuring civilian and military applications. It supports the automation industry. It even develops advanced robotic platforms catering to military and law enforcement use. You can send robots to the hot zones first, and then our men and women in uniform can safely conduct their tasks. On top of that, FLIR's robots assist in diffusing volatile situations. The life-saving solutions provided by the company can be a significant reason to opt for FLIR stock. This way, it is amongst the best automation stocks in the USA.
The ultimate objective of Cyberdyne is to integrate machine learning and artificial intelligence to support differently-abled people This is yet another good investment for robotic stocks. Cyberdyne has created its Hybrid Assisted Limb platform (HAL). With the help of this device, Cyberdyne assists patients recovering from injuries or medical conditions to get back to their everyday lives as soon as possible. The good thing about HAL is, it not only provides physical assistance to its wearers, but it also alerts the patient whether their body movements are performed flawlessly. HAL utilizes correct movements and posture hard data to accelerate the recovery process of a patient. The greatest loophole of this CYBQY stock is its over-the-counter security, which is quite volatile. However, this unpredictability can make this company a surprise winner in the post-COVID-era.
Kraven Robotics is perhaps one of the riskiest robotics stocks mentioned in this list. Just like Cyberdyne, this robotics stock trades in the OTC market. . With KRKNF stock, you need to assume that it is just like a lottery ticket. However, it is quite intriguing. Kraken is a marine technology firm that develops advanced sensors for crewless underwater vehicles. It has enormous implications for civilian research. The more exciting part that I am curious about is its military applications. In 2019, Kraken secured a contract to provide sensors for the U.S. Navy's man-portable autonomous underwater vehicle (AUV) program. It was during that time that the stock bolstered before tumbling lower. However, it was in the past. Today the global tensions with China have resulted in the need to control contested waterways as the US Navy's priority.
Germany's KION is not a well-known company in the US. However, it is the second-largest industrial truck (forklifts) supplier in the world and the market leader in Europe. It is also the world's leading supply chain automation systems company thanks to its dramatic business. The lethal combo of industrial trucks and supply chain solutions (automation) contributes to making it a major player in warehouse automation growth. Given that the industrial trucks segment helps generate 74% of the company's global revenue, it is safe to say that the development of KION as a company largely depends on the European industrial economy.
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