5 Best Robotics Stocks To Buy Now

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1. Thermo Fisher Scientific Inc. (NYSE:TMO)

Number of Hedge Fund Holders: 103

Value of Hedge Fund Holdings: $7,190,980,700

Market Capitalization: $193.59 billion

Thermo Fisher Scientific Inc. (NYSE:TMO) is a Waltham, Massachusetts-based life sciences company that provides instruments, equipment, software, and services for research and diagnostics. The company utilizes robotics in several products to automate workflows in drug discovery, biotech research, pathology labs, and more. In 2019, Thermo Fisher Scientific Inc. (NYSE:TMO) acquired Brammer Bio, gaining viral vector manufacturing capability for gene and cell therapies.

Here’s what Weitz Investment Management said about Thermo Fisher Scientific Inc. (NYSE:TMO) in its Q1 2023 investor letter:

“Portfolio activity this quarter included opportunistically initiating a position in life sciences tool and equipment maker Thermo Fisher Scientific Inc. (NYSE:TMO), a long-time holding of other Weitz portfolios, at an attractive valuation.”

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