5 Best Robotics Stocks for 2021

1. Brooks Automation, Inc. (NASDAQ: BRKS)

Brooks Automation, Inc. (NASDAQ: BRKS) is a Chelmsford-based company that manufactures automation equipment for many industries, including semiconductor manufacturing and life sciences. The automation equipment for the life sciences industry includes gas analysis and vacuum measurement, cryopumps, cryochillers and compressors, and asset tracking equipment. It also provides services for the clean energy, biobanking, and other related markets across the United States. 

The firm has a market cap of over $7 billion and posted close to $900 million in revenue in December 2020. Earlier this month, stocks for semiconductor manufacturing companies rose on the back of positive earnings reports from large manufacturers and analyst predictions of strong growth for 2021 as the demand for electronic chips increases as companies develop from electronic devices following a lull in business in 2020 due to the pandemic. The firm is ranked first on our list of top 10 best robotics stocks for 2021. 

At the end of Q4 2020, 25 hedge funds out of 887 in the Insider Monkey database held stakes in Brooks Automation, up from 17 in Q3 2020. The total value of the shares held by these hedge funds in Q4 2020 was over $170 million, up from 160 million in the preceding quarter. Out of the hedge funds being tracked by Insider Monkey, Washington-based investment management firm Fisher Asset Management held the most shares – 1,020,799 – worth $69 million. Tower House Partners was 2nd with 758,339 shares worth more than $51 million.

You can also take a peek at 10 Best Biotech Stocks To Buy For 2021 and Top 10 Best Freelancing Platforms and Websites for 2021.

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Correction: Previous version of this article attributed the technologies of Utah-based Sarcos to Raytheon. The article was amended on April 14 at 11 AM ET to correct this mistake.