The Robot Stock List
- Joshua M Brown
- April 30th, 2012
My friend GYSC of the blog Economic Disconnect eats, sleeps and breathes Robots. They consume his every thought, awake or unconscious. OK, it's probably not that bad, but he works with robotics at his day job as a molecular biologist and he's a huge 'Terminator' fan like I am.
And the other day GYSC put together a list of stocks that should benefit from the coming Robopocalypse (in which we all lose our jobs and ultimately our lives to the machines - but it happens slowly enough that we can make money from it for the first few generations.)...
Here are 10 to keep an eye on. I have not done technical analysis for them nor is this an endorsement of the names. I am presenting a broad investment theme for a longer term horizon that is in motion. That said, here are the 10 with profiles taken from Yahoo Finance:
1.) Cognex Corporation ($CGNX)
Cognex Corporation provides machine vision products that capture and analyze visual information to automate tasks primarily in manufacturing processes. It operates in two divisions, Modular Vision Systems and Surface Inspection Systems.
2.) Accuray Incorporated ($ARAY)
Accuray Incorporated designs, develops, and sells medical radiation systems for the treatment of tumors anywhere in the body. The company offers the CyberKnife system, an image-guided robotic radiosurgery system used for the treatment of solid tumors. The system tracks, detects, and corrects for tumor and patient movement in real-time during the procedure, enabling delivery of precise, high dose radiation typically with sub-millimeter accuracy.
3.) Adept Technology Inc. ($ADEP)
Adept Technology, Inc., together with its subsidiaries, provides intelligent robotics systems and services for packaging, solar, medical, disk drive/electronics, machine tool automation, and automotive electronics markets.
4.) Koninklijke Philips Electronics NV ($PHG)
Koninklijke Philips Electronics N.V. engages in the healthcare, consumer lifestyle, and lighting product businesses worldwide.
5.) ABB Ltd. ($ABB)
ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. The company’s Power Products division manufactures and sells switchgears, circuit breakers, capacitors, surge arresters, cable accessories, high voltage components, reclosers, fuses, contactors, relays, sensors, motor control centers, ring main units, and power transformers for electric, gas and water utilities, and industrial and commercial customers.
6.) Dover Corp. ($DOV)
Dover Corporation manufactures and sells industrial products and components, and consumables. The company operates in four segments: Industrial Products, Engineered Systems, Fluid Management, and Electronic Technologies.
8.) MAKO Surgical Corp. ($MAKO)
MAKO Surgical Corp., a medical device company, markets its advanced robotic arm solution and orthopedic implants for orthopedic procedures in the United States and internationally.
9.) Intuitive Surgical, Inc. ($ISRG)
Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems for various surgical procedures, including urologic, gynecologic, cardiothoracic, general, and head and neck surgeries. Its da Vinci surgical system consists of a surgeon’s console or consoles, a patient-side cart, a 3-D vision system, Firefly fluorescence imaging product, da Vinci skills simulator, and proprietary ‘wristed’ instruments.
10.) Immersion Corporation ($IMMR)
Immersion Corporation develops, manufactures, licenses, and supports a range of hardware and software technologies and products that enhance digital devices with touch interaction. The company provides haptic technologies that allow people to use their sense of touch when operating a variety of digital devices.
Pretty cool stuff to research further and think about, no?
Original Post Here:
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More.