Markets

Insider Trading

Hedge Funds

Retirement

Opinion

10 Best Robotic Stocks Under $10

In this article, we will be taking a look at the 10 best robotic stocks under $10. To skip our discussion on the robotics industry, you can go directly to the 5 Best Robotic Stocks Under $10.

According to Statista, the size of the industrial robotics segment is expected to compound annually at an average rate of 10% from 2021 to reach a size of $70.6 billion by 2028. Meanwhile, Coherent Market Insights believes that the size of the service robotics segment will compound annually at an average rate of 15.9% to reach $41.3 billion by 2028. Every notable player in the industry is trying to provide unique offerings to capture new markets in the robotics segment. The need for automation is increasing with every passing day, causing the adoption of robotics to grow rapidly.

The adoption of robotics has been spearheaded by the food and beverage industry in the recent past as robots provided a replacement for human resources and proved to be time efficient. The food and beverage industry has been facing a significant shortage of labor since the COVID-19 pandemic as the workforce moved away from the food sector during the lockdown. According to the International Federation of Robotics (IFR), the number of robots in the food and beverage industry grew by 25% YoY in 2021 to 3,402 units. One of the primary reasons for the rapid adoption of robots was a widespread belief that robots provided a higher level of hygiene and lowered human interaction during the peak of the COVID-19 pandemic.

Meanwhile, the IFR estimates that half a million robots are already commissioned across the automobile, chemical, plastic production, machinery, electronics, food, and beverage industries. The steady growth in the adoption of robotics was partially hampered by supply chain-related challenges due to widespread lockdowns globally during the pandemic. Furthermore, in 2022, there have been supply-chain-related disruptions due to the ongoing conflict between Russia and Ukraine impacting the commodities sector. Given the possibility of a recession with the rising cost of energy and labor shortages across numerous sectors, the adoption of robotics is expected to gain pace. Leading companies like International Business Machines Corporation (NYSE:IBM), Stryker Corporation (NYSE:SYK), and Rockwell Automation (NYSE:ROK) are investing heavily in research and development to develop robots and automated systems with unique features and higher applicability across different industries.

Our Methodology

We have looked at the expansion plans and financial strength of these companies. These stocks are trading under $10 as of November 21 and have the potential to become multi-bagger stocks in the future. We have ranked the 10 best robotic stocks according to the level of hedge fund ownership as of Q3 2022.

Best Robotic Stocks Under $10

10. Duos Technologies Group, Inc. (NASDAQ:DUOT)

Number of Hedge Fund Holders: 1

Duos Technologies Group, Inc. (NASDAQ:DUOT) is a Jacksonville, Florida-based company that employs the power of robotics in the operations-related aspect of logistics, intermodal transportation, and railroading.

The company, founded in 2001, is shifting its focus on generating recurring revenues since the arrival of new management under the leadership of CEO Charles Ferry in September 2020. Mr. Ferry has a clear strategy to improve the organization by leveraging its core competencies. Duos Technologies Group, Inc. (NASDAQ:DUOT) is focused on increasing its recurring revenue to more than 20% of its top line. Previously, it used to be around 15%.

One of the leading robotic solutions provided by Duos Technologies Group, Inc. (NASDAQ:DUOT) is related to checking railcars from every side to detect any manufacturing defects. The involvement of robotics increases efficiency and lowers the reliance on manual inspection. Numerous new orders have been generated as a direct result of the company’s improvements in its AI capabilities. Duos Technologies Group, Inc. (NASDAQ:DUOT) has already secured $19 million in contract commitments, the majority of which will be fulfilled this year. The management predicts that revenues will double in FY22, making Duos Technologies Group, Inc. (NASDAQ:DUOT) one of the best robotic stocks under $10.

Hudson Bay Capital Management held over 87,000 shares in Duos Technologies Group, Inc. (NASDAQ:DUOT), worth over $354,000 at the end of the third quarter of 2022.

9. Microbot Medical Inc. (NASDAQ:MBOT)

Number of Hedge Fund Holders: 1

Microbot Medical Inc. (NASDAQ:MBOT) is a Newark, California-based manufacturer of a disposable surgical robot that aims to improve endovascular procedures’ outcomes. The robot is patented as the LIBERTY Robotics system.

Microbot Medical Inc. (NASDAQ:MBOT) has a significant total addressable market (TAM) for neurovascular medical producers. Experts believe that the Robotics Assisted system introduced by Microbot Medical is groundbreaking and innovative. The company is led by an experienced leadership team that has a strong history in the robotics industry and has achieved success in the past.

Furthermore, the strategic partnership with Stryker Corporation in late December last year has been beneficial for both parties as Microbot Medical Inc. (NASDAQ:MBOT) received the technical support of the Kalamazoo, Michigan-based medical technologies entity with a market capitalization of nearly $80 billion. Microbot Medical Inc. (NASDAQ:MBOT) is also taking appropriate steps to protect the intellectual property of the LIBERTY Robotic system by filing claims with the patent offices of leading developed nations.

8. Titan Medical Inc. (NASDAQ:TMDI)

Number of Hedge Fund Holders: 1

Titan Medical Inc. (NASDAQ:TMDI) is a Toronto, Canada-based robotics company that is focused on developing robotics technology for use in single-access surgery through its 2D and 3D high-definition vision systems and other instruments aimed to streamline the surgeon workstation. The company focuses on improving patients’ surgical outcomes by lowering recovery times and reducing scarring.

CEO Cary Vance thinks the company’s ENOS surgical platform is expected to perform well when it enters the clinical arena in 2023 and achieves the commercial stage by 2025. Mr. Vance served on the company’s Board for over two years before taking over as CEO in July 2022. The Enos surgical platform has lights, a camera, and multiple surgical arms to provide an integrated work experience. Experts believe that intense competition in the surgical robotics segment is pushing companies like Titan Medical Inc. (NASDAQ:TMDI) into innovating to capture greater market share.

Titan Medical Inc. (NASDAQ:TMDI) stands out from more recent Robotic Assisted Surgery (RAS) entrants with its portfolio of approximately 225 patents and applications, making it one of the best robotic stocks under $10.

7. Viomi Technology Co., Ltd (NASDAQ:VIOT)

Number of Hedge Fund Holders: 1

Viomi Technology Co., Ltd (NASDAQ:VIOT) is a Chinese robotics company that is working on integrating the power of 5G with the internet of things (IoT) into consumer electronics.

Viomi Technology Co., Ltd (NASDAQ:VIOT) is backed by leading Chinese smartphone manufacturer Xiaomi. The company serves over 5.9 million households through its 60-plus consumer electronic appliances and has more than 900 patents on smart home products. Viomi Technology Co., Ltd (NASDAQ:VIOT) has developed a sizable market in China, but there is still substantial room for growth given the country’s growing middle class. The extensive range of products offered by Viomi Technology Co., Ltd (NASDAQ:VIOT), including intelligent washing machines, AI-powered refrigerators, and smart vacuum cleaners, provides the company with an opportunity to cross-sell products to its clientele.

Furthermore, Viomi Technology Co., Ltd (NASDAQ:VIOT) has also revealed a new share buyback plan of around $10 million over the next year to enhance shareholder returns. Analysts think Viomi Technology Co., Ltd (NASDAQ:VIOT) is trading at a discount to its fair value. The company has a forward P/E ratio of 6.29, significantly lower than the industry average of 9.39x.

Renaissance Technologies was the leading hedge fund investor in Viomi Technology Co., Ltd (NASDAQ:VIOT) during Q3 2022.

6. Myomo, Inc. (NYSE:MYO)

Number of Hedge Fund Holders: 2

Myomo, Inc. (NYSE:MYO) is a Boston, Massachusetts-based medical robotics company known for providing increased mobility for those suffering from neurological disorders and upper-limb paralysis. The company has developed and patented arm braces to restore function in paralyzed or weakened arms.

In a research note issued on September 28, Ben Haynor at Alliance Global Partners assigned Myomo, Inc. (NYSE:MYO) stock a target price of $6 along with a Buy rating. Myomo, Inc. (NYSE:MYO) has requested the Centers for Medicare & Medicaid Services (CMS) to re-categorize the MyoPro as a brace as opposed to durable medical equipment. The change in category will surely benefit Myomo, Inc. (NYSE:MYO) as it will make their proprietary braces more mainstream. Furthermore, insurers reimburse the cost of durable medical equipment on a rental basis, while the cost of a brace is reimbursed on a lump-sum basis.

Myomo, Inc. (NYSE:MYO) is considered one of the best robotic stocks under $10 due to improving business fundamentals. During Q3, the company experienced exceptional growth, with 419 patients entering the reimbursement process. By adding more than 1,200 candidates in 2022, Myomo, Inc. (NYSE:MYO) reached a record-high number of medically certified patients interested in using MyoPro to restore action in their immobile arms.

While Myomo, Inc. (NYSE:MYO) is one of the best penny stocks in the robotics industry, stocks like International Business Machines Corporation (NYSE:IBM), Stryker Corporation (NYSE:SYK), and Rockwell Automation (NYSE:ROK) are among the leading players in the industry.

Click to continue reading and see the 5 Best Robotic Stocks Under $10.

Suggested Articles:

Disclose. None. 10 Best Robotic Stocks Under $10 is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…