5 Best Robotic Stocks Under $10

1. Aurora Innovation, Inc. (NASDAQ:AUR)

Number of Hedge Fund Holders: 22

Aurora Innovation, Inc. (NASDAQ:AUR) is a Pittsburgh, Pennsylvania-based company focused on self-driving vehicle technology, which is an integral requirement for autonomous driving vehicles. The automobile industry has invested $75 billion in refining self-driving technology as of 2022.

Experts believe that autonomous vehicles are a proposition that can take a couple of decades to roll out completely, and the public markets need to have a long-term view of the technology. According to an internal memo sent out by CEO Chris Umson, Aurora Innovation, Inc. (NASDAQ:AUR) could look to sell itself to Microsoft Corporation (NASDAQ:MSFT) or Apple Inc (NASDAQ:AAPL). Tom White at DA Davidson gave Aurora Innovation, Inc. (NASDAQ:AUR) stock a target price of $8 with a Buy rating in a research note issued on September 29. The analyst has a positive view of the long-term prospects in the self-driving trucking sector.

Of the 920 hedge funds in Insider Monkey’s database as of Q3 2022, Aurora Innovation, Inc. (NASDAQ:AUR) was held by 22 hedge funds.

You can also take a peek at the 12 Biggest Janitorial Companies in the US and the 20 Biggest Gaming Companies in the World.