Automation Gaining Momentum: 5 Robotics Stocks In Focus

Robotic Stocks in Focus

Books Automation (BRKS - Free Report) is a provider of automation, vacuum, and instrumentation solutions. It especially caters to the automation requirements in the semiconductor manufacturing markets. The company is best known for its industry leading vacuum robots and atmospheric robotics modules which act as semiconductor wafer handling robots.

Notably, these robots are well equipped to handle wafers of all sizes, thin or bonded wafers, and specialized wafer carriers. Further, these robots aid in proactive monitoring and upgrading the equipment productivity.

Currently, the stock carries a Zacks Rank #2 (Buy). 

Brooks Automation, Inc. Revenue (TTM)

Brooks Automation, Inc. Revenue (TTM)

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ReWalk Robotics (RWLK - Free Report) is known for its innovative solutions in the medical science space. The company’s ReWalk is a wearable robotic exoskeleton, which is first of its kind to receive FDA clearance for personal and rehabilitation use in the United States.

The exoskeleton helps patients with spinal cord injury to stand, walk, turn, climb and descend stairs as it provides hip and knee motion and support to them. The growing demand for ReWalk is expected to boost this Zacks rank #2 stock’s growth prospects in the healthcare sector.

ReWalk Robotics Ltd Revenue (TTM)

ReWalk Robotics Ltd Revenue (TTM)

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Amazon which is the dominant player in the e-commerce space is making every effort to strengthen its retail capabilities with robotics. This Zacks Rank #3 (Hold) stock recently acquired robotics startup Canvas Technology which is best known for its fully autonomous cart systems that are of great use in fulfillment centers as they aid in shifting goods around warehouses.

Further, its buyout of robotics company Kiva Systems is a major positive. The acquisition aided Amazon in introducing two new kinds of robots for its fulfillment centers — Xanthus and Pegasus. Further, the company’s strengthening robotics arm, Amazon Robotics, and increasing number of its robotics buildings globally (currently stands at 26) are tailwinds.

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