Finding a good investment on Wall Street can be hard and bad investments can lead to large losses. There are good investment opportunities out there, however, and they're easier to find than you might think. Investing in robotics is one of these opportunities that you should consider if you're looking to diversify your portfolio, receive large returns on investment, or earn potential dividends. Like Google ten years ago, companies like iRobot, Intuitive Surgical, and AeroVironment, all of which can be found on NASDAQ, are the companies whose stocks may skyrocket in the future and if you invest now, you can expect to profit over the long term. According to WallStreetNewsNetwork.com, there are over 50 robotics stocks to choose from.
IRobot’s Household Robots are the Way of the Future
The purchases on Main Street determine whether the value of a stock on Wall Street will go up or down. Therefore, keeping your eyes on what everyday consumers will be purchasing in the future is a must. iRobot (IRBT) produces a number of robots that are growing in popularity among middle-class consumers including the Roomba vacuum cleaning robot and the Scooba floor washing robot. So if you're looking to invest in robotics, iRobot is a company you should be looking into. iRobot trades at 42 times trailing earnings and 35 times forward earnings. This debt free company has $137 million in cash, amounting to 4.86 in cash per share. Quarterly earnings spiked 1,179.5% on an 8.6% rise in revenues.
Intuitive Surgical: Building Machines to Save Lives
No matter how healthy people get, we all still to visit the doctor every once in a while. Intuitive Surgical (ISRG) is using robotic technology to take modern medicine farther than its ever gone before. Builders of the Da Vinci Surgical System which brought robotic surgery into the main stream, Intuitive Surgical is one of the global leaders in building surgical robots. The stock has a trailing price to earnings ratio of 30 a 24 forward PE ratio. For the latest quarter, earnings were up 31.6% on a 23.5% boost in sales.
AeroVironment: To Infinity and Beyond
Mankind has stared at the birds with envy ever since we first arrived on this planet, but only since 1903 have the skies become open to us. And now AeroVironment (AVAV) is taking the man out of the cockpit becoming a leading manufacturer of Unmanned Aircraft Systems. As the military and American aerospace businesses turn to this new technology, consideration of AeroVironment as an investment is a must. The stock trades at 15 times current earnings and 41 times forward earnings. For the latest quarter, earnings and revenues were down over 30%.
Adding any or all of these stocks to your portfolio will yield potentially large profits possibly in the near and probably in the far future. The New Industrial Revolution is here and it's up to you to decide whether you want to invest in it or sit on the sidelines while others benefit. If you want a free list of dozens of robot stocks, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.