5 Robotics Stocks to Watch (the Droids You’re Looking For)

dcmme

According to an article posted on September 10th, 2015 in The Street, (http://www.thestreet.com/story/13281861/1/5-robotics-stocks-to-watch-the-droids-you%E2%80%99re-looking-for.html) robots could soon be doing much more than just assembling your car or cleaning house, they could also be included in your investment portfolio. The Boston Consulting Group believes that the rapid growth in the robotics industry will be due to several factors. Currently robots perform roughly 10% of all manufacturing tasks, but they believe that number will jump to 25% by 2025. By the same year, they estimate that automation will cut manufacturing costs by 18-33% and increase productivity by 30% in countries such as South Korea, China, Japan, Germany, and the US. They also state that it’s not only the reduction in labor costs that’s increasing the trend in automation, it’s that the actual price of robots is decreasing over time. For example, the cost of an advanced robotic spot welder…

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