5 Best Robotics Stocks to Buy According to Hedge Funds

3. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 42

The Boeing Company (NYSE:BA) is an Arlington, Virginia-based defense and aerospace company that is leading the class of co-bots, which work alongside humans and are force limited. Boeing incorporated the first robot back in 2013 in the production of its 777 planes.

Charles Armitage at Citi has opened a “30-day catalyst watch” on The Boeing Company (NYSE:BA) as of November 14. The analyst believes that the meeting between US President Joe Biden and Chinese Premier Xi Jinping could pave the way for the return of Boeing’s 737 MAX to the fleet of approved planes for use in commercial flights in China. The analyst sees the 737 MAX as the most valuable program in the company’s portfolio. Armitage gave a Buy rating on The Boeing Company (NYSE:BA) stock. Analysts think investing in The Boeing Company (NYSE:BA) could be a safe way of gaining exposure to the robotics industry.

Citadel Investment Group raised its stake in The Boeing Company (NYSE:BA) by 215% during Q3 2022.

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