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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Technology adds immense possibilities to make one's future successful. People are getting more and more inclined to use advanced technology as the world is turning into a technology hub. It is increasing the interest among the investors to invest in the stocks and benefit from it. Advancing technology has brought a lot of transformation in many industries. Everyone knows how technological development is influencing the stock market. Adapting to technological changes, make people aware and help them to utilize their time effectively. The following are the top tech stocks that can be bought today on 9th March 2022.
Currency Price: 2,112.55 INR
ABB has four different businesses, out of which one is its Robotics and Discrete Automation. Hence, it will not be wrong to say that the company is not entirely dependent on robotics. However, its robotics division is number 2 globally, with a tremendous emphasis on China. ABB has bifurcated its robots into collaborative and industrial robots. The collaborative robots function alongside humans. They are designed with low payload and inspection applications in perspective. The industrial robots developed by the company span a wide range of niches and applications. ABB has plans to address robotics trends like the changing nature of labor environments, the urgency to move towards customization and digitalization. The company currently gets 51% of its revenues from Europe. However, it is heavily focused on China. The reason is, 25% of tech revenues come from the country.
Current Price: 9,694.32 INR
Siemens AG gets 31% of its revenue from factory automation wherein it provides robots in different sectors like sensor systems, power supplies, inspection & vision systems, manufacturing & warehousing systems, etc. The company also manufactures consumer electronics and provides transportation systems coupled with health care and hospital products. Their tech stocks move to a different drummer than a company solely dedicated to robotics. It might be an excellent conservative bet for a long-term hold if you wish to invest in conglomerates.
Current Price: 1,228.23 INR
Recently, this car company has come up with its latest innovation – the humanoid robot. Toyota's innovative humanoid robot significantly mimics the human form. Thanks to its flexible design, it allows the robot to perform activities that previously could only be done by human beings. On top of that, Toyota's humanoid robot acts as a force multiplier, exerting pressure to assist in managing heavy or cumbersome objects. With time, these humanoid robots can prove to be a blessing for manufacturing capabilities.
Current Price: 4,838.92 INR
iRobot is a specialized company in the field of robotic field care. It sells floor vacuuming robots, robotic lawnmowers, and mopping robots. Even with the pandemic looming largely, the good news is that IRBT stock trended higher by 52% for the current year. In the current year, the company expects 12%-13% top-line growth in comparison to FY2019. Once things are back to normal, iRobot can grow by more than 15%. In short, iRobots is one of the top tech stocks to hold right now.
Current Price: 4,405.46 INR
Companies like FLIR Systems develop crucial technologies like thermal imaging cameras featuring civilian and military applications. It supports the automation industry. It even develops advanced robotic platforms catering to military and law enforcement use. On top of that, FLIR's robots assist in diffusing volatile situations. The life-saving solutions provided by the company can be a significant reason to opt for FLIR stock. This way, it is amongst the best automation tech stocks in the USA.
