Automation and robotics are proving to be two megatrends of the 2020s. The pandemic, in particular, showed the vulnerability of our existing supply chains and labor supply. And the ensuing inflationary period we’ve seen since then has forced companies to take a hard look at their costs and try to maximize the efficiency of their processes, creating a great opportunity for investors to buy robotics stocks.
Any industrial or software process that can enable work to become more automated should deliver strong returns on investment. As companies scramble to fix their supply chains and logistics, the rush is on to utilize robotics and automation wherever possible.
These three companies in particular are creating solutions which should thrive in the coming years. As robotics and automation become increasingly important in the software and industrial fields, keep a close eye on these robotics stocks.
This post originally appeared at InvestorPlace.