10 Best Robotics and Automation Stocks to Invest In

8. Stryker Corp. (NYSE:SYK)

Stryker Corp. (NYSE:SYK) is one of the 10 best robotics and automation stocks to invest in.

On May 26, Stryker Corp. (NYSE:SYK) introduced its Pangea Plating System to the European market. This hardware platform is built to treat many different types of bone fracture patterns. Orthopedic trauma surgeon at St. George’s University Hospital in London, Prof. Alex Trompeter, and his team handled the initial clinical case in Europe.

These devices act as non-active implants that temporarily stabilize bone fragments. This platform combines plates with a dedicated set of instruments to ensure a proper plate fit. It provides medical professionals with versatile options to fix bone fractures across both upper and lower human limbs.

Later on June 12, Bank of America Securities reduced the target price on Stryker Corp. (NYSE:SYK) from $450 to $380, resulting in a revised upside potential of almost 24% at the current level. The firm maintained a Buy rating on the shares, noting a lower level of utilization in the current scenario. The current stock valuations already reflect this lower utilization, so the firm prefers taking a more conservative stance with 2027 forecasts for medical technology companies.

Stryker Corp. (NYSE:SYK) is a medical technology company that offers innovative products and solutions across MedSurg & Neurotechnology, and Orthopedic areas. Some of its offerings include surgical equipment, navigation systems, endoscopic and communications systems, and emergency medical equipment.