Robotics Stocks To Follow Today - October 3rd

Key Points

• Richtech Robotics, Teradyne, Serve Robotics, Ouster, and PROCEPT BioRobotics are the top five robotics stocks to watch, highlighting significant trading volume and potential growth in the automation sector.
• Richtech Robotics is focusing on robotic solutions for the service industry, with products catering to transport, sanitation, and food services, showcasing a trend in labor-saving automation technologies.
• Teradyne's operations span several markets, including semiconductor and wireless testing, illustrating the diversity and integration of robotics in various sectors beyond just manufacturing.

Richtech Robotics, Teradyne, Serve Robotics, Ouster, and PROCEPT BioRobotics are the five Robotics stocks to watch today, according to MarketBeat's stock screener tool. Robotics stocks are shares of companies that design, develop or manufacture robotic systems and automation technologies, as well as firms that integrate those solutions into industrial, commercial or consumer applications. Investors buy these stocks to tap growth driven by trends in artificial intelligence, advanced manufacturing and labor-saving automation, though they can be sensitive to technological cycles and capital-intensive business risks. These companies had the highest dollar trading volume of any Robotics stocks within the last several days.

Richtech Robotics (RR)

Richtech Robotics Inc. develops, manufactures, deploys, and sells robotic solutions for automation in the service industry. The company offers indoor transport and delivery, sanitation, and food and beverage automation solutions, such as ADAM and ARM worker robots; delivery robots, including Matradee, Matradee X, Matradee L, Richie, and Robbie; and cleaning robots comprising DUST-E SX, and DUST-E MX, as well as accessories, such as bus tubs, cup holders, magnetic tray cases, smartwatches, table location systems, and tray covers.

Read Our Latest Research Report on RR

Teradyne (TER)

Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.

Read Our Latest Research Report on TER

Serve Robotics (SERV)

Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc. in July 2023.

Read Our Latest Research Report on SERV

Ouster (OUST)

Ouster, Inc. provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.

Read Our Latest Research Report on OUST

PROCEPT BioRobotics (PRCT)

PROCEPT BioRobotics Corporation, a surgical robotics company, focuses on developing transformative solutions in urology in the United States and internationally. The company develops, manufactures, and sells AquaBeam Robotic System, an image-guided, surgical robotic system for use in minimally invasive urologic surgery with a focus on treating benign prostatic hyperplasia (BPH).

Read Our Latest Research Report on PRCT

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