Since the outbreak of the COVID-19 pandemic, we've seen many industries go down due to different reasons. However, some industries were able to get past these hurdles and find in the current pandemic the source for their growth. Robotics is one of these industries.
The sub-group of surgical robotics is the fastest growing area of robotic and automation adoption in the healthcare industry. We now have the ability to perform surgery with a higher level of accuracy than ever before and even perform surgeries in remote locations
Catherine Clifford for CNBC: "The Internet lets every person reach out and touch all the information in the world. But robotics lets you reach out and touch and manipulate all the stuff in the world - and so it is not just restricted to information, it is everything,"
Global X for Nasdaq: Recent technological advancements in robotics and artificial intelligence (AI) are disrupting a range of industries from manufacturing, to health care, defense, and transportation.
If manufacturers are going to flourish in America, they’ll need to buy a lot more robots. Here are six ways to play this hot trend.
Jack Hough for Barron's: For long-term investors, robots could be one key to securing healthy corporate profit growth, and stock returns, even as wages rise. There are specific opportunities, too. Japan’s Fanuc (ticker: 6954.Japan) is far and away the U.S. market leader in industrial robots, and it’s quickly ramping up production. Its shares have been outperforming, and they could offer 20% more upside over the next year. Germany’s Kuka (KU2.Germany), which sold a majority stake last year to China’s appliance giant, Midea Group (000333.China), has similar return potential. Other stocks with high exposure to industrial robotics and factory automation include Rockwell Automation (ROK), Switzerland’s ABB(ABB), and Yaskawa Electric (6506.Japan). And for one-stop shoppers, there’s the Robo Global Robotics & Automation Index exchange-traded fund (ROBO), which tracks 85 stocks, charges annual expenses of 0.95%, and has returned 37% over the past year. Cont'd...
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