This story was originally published here.
Savvy investors are always on the lookout for the next big trend to sink their teeth into. Robotics stocks aren’t exactly a new way to invest your money, but these companies are gaining traction because of the novel coronavirus pandemic.
If there is one thing that this crisis has done, it has exacerbated the need for robotics in our lives. Any job involving human contact is considered hazardous. That’s why we are we see more of an onus on mechanical replacements.
Now for the fun part. There are a couple of ways of playing the space–you can either invest in pure plays or more diversified conglomerates. Alphabet (NASDAQ:GOOGL) and Apple (NASDAQ:AAPL) have robotics divisions, but it will be years before they become significant revenue drivers.
Meanwhile, you have pure plays that are focused on developing robots and drones that can do human chores. Those companies are the ones that we will be focusing on in this article. However, one thing that you have to keep in mind before moving forward. A lot of these companies aren’t making profits at this stage.
Bottom line you have to believe in the company’s long-term potential before investing your hard-earned capital in these… Story continues here.
Viral Video Is Freaking Out Billionaires
You might not believe what you’re about to see is real, but I assure you the video has been left unedited.
There are no special effects and no trickery — this technology exists today, and it’s about to turn the entire technology industry on its head.
And enterprising billionaires everywhere are racing to get their hands on it.
Bill Gates calls it “the holy grail” of modern technology, and he’s spent over $690 million to bring this tech to Microsoft.
Jeff Bezos has shelled out over $871 million doing the same for Amazon.
And Google has outdone them all, pouring over $3.9 billion into this technological breakthrough.
This is a once-in-a-lifetime opportunity that you don’t want to miss.
Investment Director, Technology and Opportunity