Automation Gaining Momentum: 5 Robotics Stocks In Focus

Additionally, Amazon is revamping robotics initiatives on the back of its cloud capabilities. Its robotic development service called AWS RoboMaker is based on Robot Operating System.

Amazon.com, Inc. Revenue (TTM)

Amazon.com, Inc. Revenue (TTM)

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iRobot (IRBT - Free Report) is one of the leading manufacturers of robots worldwide. The company’s offerings in the consumer sector includes robotic brands such as Roomba, Scooba, Braava, Mirra and Looj. The company is also benefiting from the growing demand for its innovative home-robotic products like Roomba e5 and i7/i7+ Roomba.

Further, this Zacks Rank #3 stock’s latest acquisition of Root Robotics is likely to strengthen its educational robot product offerings. Moreover, its Sales On Demand Corporation and Robopolis SAS buyouts are aiding the company in expanding international presence.

iRobot Corporation Revenue (TTM)

iRobot Corporation Revenue (TTM)

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Honeywell’s robotics division, Honeywell Robotics, is focused on delivering speed, accuracy and efficiency to meet operational requirements for high-performance distribution, fulfillment and manufacturing operations via its warehouse automation solutions.

Recently, the company introduced robotic unloader that leverages AI technology for unloading a wide range of packages from truck trailers and shipping containers at distribution centers.

Notably, Honeywell carries a Zacks Rank #2.

Honeywell International Inc. Revenue (TTM)

Honeywell International Inc. Revenue (TTM)

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