Displaying items by tag: robotics

Labor shortages are rampant all across the country. It’s at its most prominent in food services and restaurants, as 80% of restaurants report to be understaffed. Companies like Miso Robotics are stepping in, as they test burger-flipping robots at CaliBurger and White Castle and are expanding their abilities to wing production at Buffalo Wild Wings. Miso says their strategy was never to swing in or capitalize on a labor shortage, but undoubtedly they are benefiting from the epidemic that is affecting the whole country.The labor shortages could continue, and those shortages permeate the AI and robotics industry themselves. There is a lot of demand for those working on robotics, and in the meantime, they aren’t fully capable of supplanting the restaurant workforce, which means there is a lot of upside.

FINSUM: Restaurant services are full of opportunities for robotics and it’s not just in cooking, they are also being used in a major way for food delivery services.

(Silicon Valley)

Finding growth stocks seems difficult with many of the tech giants at their peak, but robotics and artificial intelligence is the route many investors are peering down in order to hit the next big growth company. The biggest ETFs in the space are ARK Autonomous Technology Robotics ETF (ARKQ), Global X Robotics & Artificial intelligence ETF (BOTZ), Robo Global Robotics and Automation Index ETF (ROBO), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT). Cathie Wood’s ARKQ has outperformed this year in large part due to a bet on TESLA, but the ROBO ETF has outperformed the SPY over the last 5 years. Intuitive Surgical and Nvidia are the only stocks held by all five ETFs, and Chinese tech underpins most of these ETFs, which could be worrisome as regulation is erratic lately. However, Wall Street has the highest upside with most of the Chinese companies, with Alibaba Group and Baidu Inc. leading the way with over 60% appreciation anticipated. In the U.S. its TuSimple Holdings and PTC Inc. that have the largest consensus upside.

FINSUM: These robotics stocks are some of the best bets to be staples in the Nasdaq in the next decade, and should be part of your momentum portfolio.

(New York)

For years robotics was pigeonholed into major US manufacturing duties but new technology and artificial intelligence are turning that around…see the full story on our partner Magnifi’s site

(New York)

If you were to design a tailwind for the robotics sector, what would it look like. Perhaps a pandemic…Read the full story here on our partner Magnifi’s site.