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Best Robotics Stocks to Look Out for.

Breakthroughs in recent years have spurred the adoption of automation processes within organizations, and some estimates point to an acceleration in the global adoption of robotics.

Worldwide spending could double from 2020 to 2025 and reach nearly US$210 billion. Investing in robotics stocks could therefore be a lucrative move in the years ahead.

Here is a comparative analysis of the top two robotics stocks Fanuc Corporation and iRobot Corporation.

Fanuc Corporation markets factory automation products. Increasing orders from China have pushed Fanuc Corporation into the international spotlight in recent years.

Some of the products that Fanuc Corporation markets include servo motors, lasers, robots, compact machining centers, and electric injection molding machines, among others.

Its current robotics market stock is US$15.28, a 1.48% decrease from the previous close.

The most popular products of iRobot Corporation are the Roomba vacuum cleaners that have captured the North American market and are now growing in popularity overseas as well.

Recently, iRobot Corporation announced Amazon Alexa integration for the vacuums. With the new update, the Roombas will now be able to carry out cleaning using Alexa voice commands.

Its current robotics market stock is US$50.65, a 0.58% increase from the previous close.

The earnings results of Fanuc Corporation over the past few months show that it is boosting free cash flow generation and improving profitability.

Just like Intuitive Surgical, Inc., Teradyne, Inc., and Emerson Electric Co., Fanuc Corporation is one of the stocks attracting the attention of growth investors.

iRobot Corporation is using the latest advances in artificial intelligence to make products smarter for consumers. Major hedge funds are bullish on the company.

Chicago-based investment firm Citadel Investment Group is a leading shareholder in iRobot Corporation with 217,366 shares worth more than US$17 million.

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