5 Best Robotics Stocks To Buy For 2022

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In this article, we discuss the 5 best robotics stocks to buy for 2022. If you want to read our detailed analysis of these stocks, go directly to the 11 Best Robotics Stocks To Buy For 2022

5. Rockwell Automation, Inc. (NYSE:ROK)

Number of Hedge Fund Holders: 29

Argus analyst John Eade recently raised the price target on Rockwell Automation, Inc. (NYSE:ROK) stock to $390 from $330 and kept a Buy rating, backing the company to deliver double digits growth in the coming months based on a “clean balance sheet and high-quality earnings with a focus on shareholder returns”. New product developments at Rockwell Automation, Inc. (NYSE:ROK) are also opening up new markets for the firm. In early November, Rockwell Automation, Inc. (NYSE:ROK) raised guidance for the fiscal year 2022, saying it expected sales to grow over $8 billion as supplies improved. Rockwell Automation, Inc. (NYSE:ROK) provides industrial automation and digital transformation solutions. 

Prominent hedge funds have placed their trust in Rockwell Automation, Inc. (NYSE:ROK) as well. London-based investment firm Impax Asset Management is a leading shareholder in Rockwell Automation, Inc. (NYSE:ROK) with 698,555 shares worth more than $205 million. 

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